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Set MIN_BLOB_GASPRICE to 1GWei #20

Merged
merged 1 commit into from
Oct 4, 2023
Merged

Set MIN_BLOB_GASPRICE to 1GWei #20

merged 1 commit into from
Oct 4, 2023

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dapplion
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@dapplion dapplion commented Oct 3, 2023

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This PR sets the MIN_BLOB_GASPRICE to 1 GWei to prevent bad forms of spam via blob transactions in the event of under-usage. Given that Gnosis has a native token of stable value this setting isn't as affected to market volatility as setting a min value in Ethereum mainnet. The cost per blob with this minimum is low enough to not impede use-cases. There's an argument that lower values under-price the actual resource consumption required by blobs (bandwidth mainly), so that this minimum price is justified.

Closes #19

@dapplion dapplion merged commit 8bde871 into master Oct 4, 2023
@dapplion dapplion deleted the MIN_BLOB_GASPRICE branch October 4, 2023 13:37
yperbasis added a commit to erigontech/erigon that referenced this pull request Oct 13, 2023
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Setting EIP-4844 MIN_BLOB_GASPRICE
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