Apples of the Infinite Garden: A Children’s Book on EIP-7918
AI summary of the linked articleThis children's-book style explainer uses an apple orchard analogy to present EIP-7918, an Ethereum proposal that bounds the blob base fee by execution cost. Audrey the Auctioneer raises prices by about 10% per 12-second round when more than 6 apples sell, but when prices fall to tiny fractions of a cent, demand does not rise because customers still must pay transportation costs such as a $1 bus ticket. The friends therefore decide that Audrey will stop lowering the price once the cost of the 6 apples produced each round equals the bus ticket price, so that customers always care at least somewhat about the price. |
Recommended by 2 curators |
1 comment Great job! This is a really nice way of educating!! Btw this is how awfully blobs are being priced rn… I mean makes you kinda mad that they shipped that into production for a 200B coin |
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