Anders Elowsson (anderselowsson)

Here is a quick overview of EIPs that promote validator consolidation, before ACDC! The fast finality roadmap requires consolidation, to allow more stake to weigh in on consensus decisions with less overhead. We therefore wish to nudge stakers in this direction.

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🧵 Introducing EIP-7999: Unified multidimensional fee market. Ethereum is like a supermarket with one inventory label. There are 45M eggs, 45M cheese, 45M snacks, etc, but everything scans as ‘1 food.’ To avoid empty shelves, it closes once 45M “food” has been sold during the day.

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✨ The Glamsterdam equation ✨ I provide mathematical models that can be used to analyze scaling and utility of delayed execution and ePBS in the context of shorter slot times. Plots illustrate the effects of different assumptions and optimizations. https://ethresear.ch/t/the-glamsterdam-equation/22760

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Check out EIP-7918: Blob base fee bounded by execution cost. PFI in Fusaka. A simple if-else ensures the price for target blobs > the tx price to carry them. The blob auction can then reach equilibrium relative to the price signal. https://ethereum-magicians.org/t/eip-7918-blob-base-fee-bounded-by-execution-cost/23271

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1. Minimum viable issuance is an important principle in staking economics. This thread will further advance the concept by analyzing how issuance level affects Ethereum’s equilibrium staking conditions, guiding us to a utility-maximizing reward curve. https://notes.ethereum.org/@anderselowsson/MinimumViableIssuance

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Practical endgame on issuance policy This post presents a practical endgame on issuance policy that can stop the growth in stake while guaranteeing proper consensus incentives and providing positive regular rewards to diligent small solo stakers. https://ethresear.ch/t/practical-endgame-on-issuance-policy/20747

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Apples of the Infinite Garden: A Children's Book on EIP-7918 Audrey the Auctioneer, Pontus the Ponderer and Therese the Tree Tender have started an apple orchard in a huge garden. The friends have a vision: feeding the world with apples. Let's follow them on their journey 🧵👇

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