Reflecting on the development history of Ethereum technology, I can't help but feel emotional. From the initial concept to today's Fusaka upgrade, every step embodies the wisdom and effort of countless developers. The recent surge in blob fees actually reflects the true cost of network resource usage. In the past, blob fees were almost free, leading nodes to bear verification costs without reasonable returns. Over time, this could potentially impact the health of the network. Now, with the introduction of the baseline mechanism through EIP-7918, linking blob fees to L1 execution fees, it can both reflect actual resource consumption and regulate network traffic through price adjustments, achieving multiple benefits.

Looking back at Ethereum's development, each major upgrade has triggered short-term fluctuations but ultimately propelled the ecosystem's significant progress. I believe this Fusaka upgrade will be no exception. Incorporating blob fees into the ETH burn mechanism is even more exciting; in the coming years, it could contribute 30-50% of the total burn volume, further strengthening ETH's deflationary properties.

As an old friend who has witnessed Ethereum's journey from 0 to 1, I believe technological innovation is always the core driver pushing the industry forward. Although the short-term increase in blob fees may impact some applications, in the long run, a pricing mechanism based on real costs is essential to ensure sustainable network development. For project teams, how to optimize their applications under the new fee structure will be an important topic in the near future. Let's wait and see what kind of transformation and opportunities this upgrade will bring to the Ethereum ecosystem.