Long-term plans for Gas Price Floor

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forum.arbitrum.foundation

TL;DR:

User MidnightLightning initiated a discussion on the enforced floor gas price on the Arbitrum One and Nova chains, seeking clarity on its purpose and suggesting a governance proposal to potentially reduce it. The discussion promotes transparency but also highlights a lack of understanding about the reasons behind the gas floor price, which could impact the chain's security if altered.

What is this about?

This discussion was initiated by MidnightLightning, who raised questions about the enforced floor gas price on the Arbitrum One and Nova chains, which are currently set at 0.1 gwei and 0.01 gwei respectively. The user sought clarity on the reasons behind this enforcement, suggesting it might be to prevent potential attack vectors, spamming, or DoSing of the chain. They also proposed several assumptions and questions for discussion, including the possibility of a governance proposal to reduce the gas floor price at a certain rate1.

How is the community reacting?

The community's reaction is not explicitly mentioned in the summaries. However, the fact that MidnightLightning initiated this discussion suggests that there is a level of interest and engagement in the topic. The user's questions and assumptions indicate a desire for more transparency and understanding of the reasons behind the enforced gas floor price.

Why this is positive?

The discussion is positive as it encourages transparency and understanding of the reasons behind the enforced gas floor price. It also opens up the possibility of a governance proposal to reduce the gas floor price, which could potentially benefit end-users. Furthermore, MidnightLightning's suggestion to update the documentation or step down the limits indicates a proactive approach to addressing the issue1.

Why this is negative?

The negative aspect of this discussion is the lack of clarity and understanding about the reasons behind the enforced gas floor price. This could potentially lead to confusion or misunderstanding among the community members. Additionally, if the gas floor price is indeed necessary for preventing potential attack vectors, any changes to it could potentially risk the security/usability of the chain1.

Posted 4 months ago

Last reply 4 months ago

Summary updated a month ago

Last updated 08/12 04:40