đź“…

ROP-3 meetup #1

Date
Nov 4, 2022
Tags
ROP-3
  • Mark’s Optimism note
    • Looking at dashboards, docs, Python notebooks
    • Cost per batch amortised over transactions in the batch, multiplier of fees
  • EagleEdge’s Arbitrum note
    • Basefee calculation is different on Arbitrum than L1
    • Storage costs on Arbitrum? Are they charging the state based on the exponential formula that Ed Felten presented here?
  • How to estimate the cost of waiting, the value lost from congestion?
    • BarnabĂ©: Probably hard! Max fee gives you a lower bound of the true user value, while user resubmitting could give you a sense of how impatient they are
    • EagleEdge: There is a paper on a dataset from Uber, how to estimate the user value for time and value for the service, based on surge pricing updates (Using Big Data to estimate consumer surplus: The case of Uber)
  • Censorship resistance
    • Vitalik’s “training wheels milestone” ⇒ user must be able to exit
    • Do we understand the economics of that? What does a user pay for when using the manual execution? Can we quantify it?
 
đź“…

ROP-3 meetup #1

Date
Nov 4, 2022
Tags
ROP-3
  • Mark’s Optimism note
    • Looking at dashboards, docs, Python notebooks
    • Cost per batch amortised over transactions in the batch, multiplier of fees
  • EagleEdge’s Arbitrum note
    • Basefee calculation is different on Arbitrum than L1
    • Storage costs on Arbitrum? Are they charging the state based on the exponential formula that Ed Felten presented here?
  • How to estimate the cost of waiting, the value lost from congestion?
    • BarnabĂ©: Probably hard! Max fee gives you a lower bound of the true user value, while user resubmitting could give you a sense of how impatient they are
    • EagleEdge: There is a paper on a dataset from Uber, how to estimate the user value for time and value for the service, based on surge pricing updates (Using Big Data to estimate consumer surplus: The case of Uber)
  • Censorship resistance
    • Vitalik’s “training wheels milestone” ⇒ user must be able to exit
    • Do we understand the economics of that? What does a user pay for when using the manual execution? Can we quantify it?
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