Yi Lihua: blob base fee skyrocketed 15 million times after Ethereum Fusaka upgrade

Liquid Capital posted on the X platform: "After the Ethereum Fusaka upgrade, the blob base fee skyrocketed by 15 million times. The core reason is the new blob fee" guarantee mechanism "of EIP-7918 - before the blob fee had no minimum limit and was stuck at 1 wei (almost free) for a long time, resulting in nodes bearing costs such as KZG verification without reasonable benefits; after the upgrade, the blob fee needs to be ≥ L1 to perform the 1/15.258 of the base fee, which directly anchors the real network cost. This design not only allows the price to reflect the actual resource consumption (to avoid the free occupation of network resources by L2), but also regulates the blob traffic and prevents congestion through price fluctuations. At the same time, PeerDAS technology increases the blob storage capacity. In addition, the blob fee is included in the ETH destruction mechanism. It is estimated that 8 times more ETH may be burned in the future, and it is expected to contribute 30-50% of the total burned volume in 2026 (depending on the growth of L2 transaction volume). "