RYAN SΞAN ADAMS|Nov 20, 2025 14:42
ethereum fusaka upgrade dec 3 will burn more eth through L2 transactions
EIP 7918 adds a reserve price floor for blob fees which link them to execution base fees so blobs aren't free when execution costs are high
tldr; L2s give more to ETH holders by burning ETH
in exchange, ethereum is massively increasing the supply of blobs for L2s keeping transactions cheap - so the increased tax comes with a massive supply stimulus
Ethereum is a network state economy with ETH as its asset.
Ethereum = world ledger
ETH = world reserve asset(RYAN SΞAN ADAMS - rsa.eth 🦄)
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