Maybe. What I see happening is…

Maybe. What I see happening is the block subsidy decreasing, and the larger tx paying a bit more, and the smaller tx paying a bit less. This will be based on a kind of "mexican standoff" where the AI tries to guess the fees larger players will pay for priority tx, while watching what everyone else does.

In this environment, the security budget issue is somewhat mitigated, and there can be another set of trade offs between a decentralized node network and more block space.

Although this again involves trade-offs compelling arguments are:

- makes any spam disruption more expensive for the spammer
- allows L1/L2 interaction more cheaply or lightning channels
- includes the poorest in the world to on-chain tx

This is obviously controversail, but there is logic behind it. As such it might be possible to get back to a reasonable number of 1sat/vbyte tx, though most cheap tx will get batched at higher layers.

We'll know alot more in the next epoch, as AI starts to kick in (or doesnt!).