@anderselowsson
Currently, the mechanism behaves as follows:
* Users purchase blobspace by spending execution gas and blob gas.
* The blob gas fee update mechanism is unaware of the cost of execution gas, and thus unaware of the total cost of blobspace.
* A relatively high cost of execution gas renders changes to the blob gas fee subordinate in determining quantity demanded.
* The mechanism fails to timely converge on equilibrium whenever the cost of execution gas dominates the cost of blob gas.