I'm still wondering why TAIKO had to be spending this much on Blobs for base sequencing when existing competitors like Arbitrum is spending $1k daily (anyways not for base sequencing tho).
Some analysts have argued that with base sequencing of transactions on Ethereum mainnet, TAIKO might be see more secured transactions done in real-time - a factor that might attract more users to the network.
However, I believe if that's not realized soon enough, the high gas fee might not break even in time and may consequently lead to existing network users looking for cheaper alternatives.
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