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Can you believe it’s already been 6 months since the Dencun upgrade and the launch of blobs? The Dencun upgrade brought us the much-anticipated blobs via EIP-4844, which have improved the Layer 2 users’ experience by making transactions cheaper and more efficient. Let’s take a moment to review the progress blobs have made over the past half-year:
These numbers only scratch the surface of the significant impact blobs have had on the Ethereum ecosystem, enhancing both efficiency and usability. https://preview.redd.it/pqtqqq9lx1jd1.png?width=1943&format=png&auto=webp&s=6f719b1ecfa02165576a23fb3fe201a74ec46061 The momentum around blobs is growing, with more and more submitters joining in. We now have a robust ecosystem that includes Base, Optimism, Arbitrum, Taiko, Scroll, Blast, Linea, Starknet, Zora, Zircuit, Kroma, and many more. This growing network of L2s is making Ethereum more efficient, affordable, and driving innovation across all layers and dApps. EIP-4844 also introduced a smart mechanism that adjusts the blob base fee according to supply and demand. Recently, we’ve seen the reaching the current target – 3 blobs per block. This dynamic fee model is designed to keep blob processing efficient and optimize block space. 🔗 Check out more details here: dune.com/hildobby/blobs Before EIP-4844, there was a lot of uncertainty around pricing. But now, it’s clear that blobs have surpassed expectations. Comparing the cost of blobs to calldata on Rob's dashboard shows just how much cheaper blobs are. Explore the data and see the difference for yourself: dune.com/0xRob/blobs dune.com/0xRob/blobs https://preview.redd.it/azbjmlrzx1jd1.png?width=910&format=png&auto=webp&s=a34ba27634b1bb27e0b8fb74821305ce887803e6 A huge thank you to everyone who contributed to making this upgrade a reality on the Ethereum mainnet! submitted by /u/irina_everstake |