Efficiency Upgrades - Starknet v0.14.1 deployed on mainnet, a key step toward real-time cost alignment and sustainable decentralization [1] - Starknet reduced the portion of blocks used for non-user-facing data, allocating more space to user transactions [1] - Blocks now close every 2 seconds when the network is quiet, preventing unnecessary fee adjustments and improving congestion transparency [2] - Network consistently reaches 80% gas target [3] Fee Mechanism Improvements - EIP-1559-style mechanism implemented to keep fees more predictable, with gas prices expected to converge toward target levels [2] - Gas fees fully cover user costs while remaining industry-standard low, with simple transfers reported as sub-cent [2] - Fees now respond more directly to network activity, creating a fairer and more transparent system where users pay proportionally to network congestion [3] Technical Updates - Starknet transitioned from Poseidon to BLAKE hash for DECLARE transactions [3] - CASM hashes now take less space [3]

Project Overview - Archer DAO was launched in 2020 with the goal of creating a new revenue stream for Ethereum miners by realizing profits from MEV [1] - In 2021, the project evolved into Eden Network to continue supporting miners after EIP-1559 significantly impacted their revenue potential [1]

Coinbase's Conor Grogan estimates at least 913,111 ETH ($3.43B) has been permanently lost due to user errors, making up 0.76% of total supply. With 5.3M ETH burned via EIP-1559, over 5% of all ETH ($23.4B) is effectively destroyed. Grogan notes the real figure may be higher, excluding lost keys and forgotten wallets.https://t.co/koG6ZZLHjp ...