Thanks for posting this. Improvements in the efficiency of the gas units needed is a big help. I’m still not sure why the models for BTC, monero, etc for bonded custodians don’t work for ethereum.
Perhaps the team should also explore L2 solutions like zk-SNARKS and/or zk-Rollups which have privacy increasing side effects also.
Lots of ideas here but I fear we’re going to have to see a sharp decline in people using Incognito due to high fees. What’s worse is that new people won’t know of this high exit fee until they experience it for the first time—then they will be very angry.
Even though I read read the teams announcement on on this thread entitled "What to expect with new unshielding fees, " I was still completely blindsided at what to expect.