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October 20, 2022
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It very well could be that gas fees are reduced in the future thanks to scaling solutions.

It could also be that scaling solutions enable so much more usage of Ethereum that gas does not go lower at all, but rather much, much higher.

Imagine if Ethereum became the settlement layer to a myriad of successful rollups, all "talking" to Ethereum. Millions of people using rollups every day, and these rollups using Ethereum as their settlement layer. The demand for blockspace (aka the use of the chain) would be much higher than now. And these roll-ups would not be as constrained by gas prices as normal users.

Also bear in mind, it only took a couple of silly Ponzi games to turn Ethereum deflationary. If both PoS and EIP-1559 had been active during the bull market, or even just the NFT season, ETH supply would have shrunk massively.

To your second point, what you say is absolutely correct. In fact, the website we took some of th ETH supply images from has a handy tool that tells you what the supply of ETH would be depending on ETH staked and base gas fee of the chain. Do check it out:

https://ultrasound.money/

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