source avatarRyan Berckmans ⟠

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We should continue towards Glam activation asap. A lot of research went into Glam's strategy to increase opcode gas prices for state creation. It seems fair to say that the timing of this debate is irrelevant as to its correctness or rightness for eth and our users... Yet, why did some of us (eg. quoted author who is an ef board member) only start looking in detail at Glam EIPs eg. after testnet forks started? This isn't a personal attack, it's an observation that there's a collective responsibility-- for OP, for me, for all of us-- to steward fork strategy at the right times in the process. imo ethereum's commitments to apps do not extend to gas pricing, or to total ETH fee levels, or to USD fees. And also not to opcode pricing or gas introspection that depends on those prices. We guarantee maximally credibly neutral, maximally live access to the correct state transition function. Those guarantees imply that we always use a neutral pricing mechanism to clear congestion wherever possible. However, pricing opcodes can't use a neutral mechanism, we need to pick magic number opcode gas prices. Some of our best people researched this extensively and picked updated magic numbers, and that's something imo we should stick with now and continue our larger plans that are on track to grow to global ubiquity. The good news and practical reality may be that the explosion of blockspace supply from 60M to 200M gas limit seems likely to absolutely crater the L1 gas price. It will take time for demand to grow to meet the new supply, including from net new entrants (eg. GENIUS and institutions), induced demand from lower prices, and the coming next gen of return-to-mainnet-type eth native apps. By the time L1 blockspace demand catches up, we will be exploding supply again as we get closer to the full lean eth vision. That's eth's vision: postquantum and postAI ETH SoV, supported by ethereum's hypergrowing capacity, which is supported by best-in-class security and formal verification. Looking back, it's unfortunate that we provided these affected contracts with a footgun that has put them in the situation where they were *able* to rely on fake guarantees that ethereum never promises (afaik, essentially just gas introspection). We're sorry. imo it's time to roll forward on this. Let's do what we can in an appropriately scoped capacity for the affected contracts, then activate Glam asap, and continue our excellent progress towards global ubiquity.

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