Vitalik: Polymarket predicts that gas fees will decrease by 60 times
2024/03/03 06:43
Vitalik Buterin posted on the X platform that "Polymarket predicts that blobs (~125 kB) will cost about 0.001 ETH. Currently, the cost of 125 kB calldata is approximately 30 gwei per gas * 16 gas per byte * 125000 gas equals about 0.06 ETH. If you think Polymarket's speculation that blobs will be cheaper by a factor of 60 is too optimistic, you can use this market to hedge."
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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