Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Update EIP-7788: fix typo #9185

Open
wants to merge 1 commit into
base: master
Choose a base branch
from
Open

Update EIP-7788: fix typo #9185

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
2 changes: 1 addition & 1 deletion EIPS/eip-7788.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -21,7 +21,7 @@

With static targeting the target may be higher than the actual demand, causing the protocol to undercharge for blobspace. This decreases the amount of fees burned, negatively affecting the price of ETH and total network security.

As an example, consider what would happen if there was a large increase in max blob count due to DAS implementation but the target remained at 50%. It is unlikely that demand would immediately jump to anywhere near the target, and so for months or years the protocol would effectively charge nothing for L2 transactions. With a dynamic target, the target blob count would drop until the cost of blobspace for an L2 transaction approximated some affordable constant value. In this way, some fees are still burned by the protocol, but new L2s are not discouraged from using Ethereum blobspace, knowing that the target will increase in response to an increase in demand and blob fees will remain reasonably consisent.
As an example, consider what would happen if there was a large increase in max blob count due to DAS implementation but the target remained at 50%. It is unlikely that demand would immediately jump to anywhere near the target, and so for months or years the protocol would effectively charge nothing for L2 transactions. With a dynamic target, the target blob count would drop until the cost of blobspace for an L2 transaction approximated some affordable constant value. In this way, some fees are still burned by the protocol, but new L2s are not discouraged from using Ethereum blobspace, knowing that the target will increase in response to an increase in demand and blob fees will remain reasonably consistent.

While the max blob count and max target are hard constraints based on resource utilisation limits, setting the target itself is far more subjective. A dynamic target can optimise for constant and affordable L2 transaction costs without requiring regular intervention by core developers to make tweaks based on changes in demand.

Expand Down Expand Up @@ -96,7 +96,7 @@

## Security Considerations

<!-- TODO -->

Check warning on line 99 in EIPS/eip-7788.md

View workflow job for this annotation

GitHub Actions / EIP Walidator

HTML comments are only allowed while `status` is one of: `Draft`, `Withdrawn` 

warning[markdown-html-comments]: HTML comments are only allowed while `status` is one of: `Draft`, `Withdrawn`
  --> EIPS/eip-7788.md
   |
99 | <!-- TODO -->
   |
   = help: see https://ethereum.github.io/eipw/markdown-html-comments/
Needs discussion.

## Copyright
Expand Down
Loading