Roberto Bayardo (bayardo.eth)

Regarding Base transaction fees: they are high because the chain is at its target capacity (2x the throughput of the L1), but demand has increased dramatically. Data fees remain insignificant thanks to EIP-4844 blobs which are still far from capacity! So while "it could be worse..." what can make it better? (cont)

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Hey Farcasters, @jesse.base.eth tells me people here are interested in hearing more about what the Base engineering team is up to. Let me tell you a bit about one aspect of this work, which is our contributions to the OP Stack. 1/

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1/ Last week I wrote I was pretty confident we could double Base's execution throughput without any issue, but also noted we wanted to more than "pretty confident" before making any moves. Well now are!

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Base chain target throughput is now 10Mgas/block (5Mgas/second). 🔥🔥🔥

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