This article explores the potential and impact of the emerging EIP-4844 blob market, akin to the gas pricing mechanism of EIP-1559. The author introduces a solution for preconfirmed blob transactions and invites community participation in the experiment. The blob market could provide a better transaction experience for L2 users, a reliable packaging experience for rollups, and a stable future for the Ethereum roadmap. However, the broadcast and review of blob transactions may be influenced by timing games and censorship. By utilizing blob preconfirmation relays, the blob sidecar broadcasting delay issues on the Holesky testnet can be improved. This research offers a potential solution for the entire community.
3/20/2024, 10:34:13 PM
In this article, Primev presents data and insights from the emerging blob market, focusing on posting strategies of blob producers like Optimism and Base, and quantitatively analyzing for strategy efficiency metrics.
5/6/2024, 5:37:28 AM
This article discusses the issue of insufficient Blob space faced by Ethereum L2. As L2 chains grow, multiple L2s compete for limited Blob storage, leading to soaring fees and increased user costs.
1/25/2025, 10:50:36 PM
This article demonstrates whether the mismatch between price and demand can be alleviated by increasing the minimum base fee for Blobs. Overall, this adjustment has limited impact on transaction costs, especially for efficient Blob submitters, the fee increase is minimal.
10/10/2024, 6:57:42 PM
If you've been following cryptocurrencies throughout the bear market, you've probably heard of Ethereum's "Rollup-based" roadmap. Through EIP-4844, the Ethereum mainnet introduces the new concept of blobs to support these scaling solutions.
Yes, blobs.
But what exactly does "blob" mean, and how does it assist Ethereum's long-term plans for scaling via rollup? Let's dive in.
12/24/2023, 12:58:21 PM
Gate Research Daily Report: On April 2, Bitcoin price rose by 2.14% to $84,672, while Ethereum price increased by 2.90% to $1,883. Ethereum's weekly blob fees hit a new low since the Dencun upgrade. Long-term holders who entered between 2020 and 2022 continue to hold their Bitcoin with conviction. Sonic's TVL surpassed $1 billion. BlackRock received UK regulatory approval to become a crypto asset firm. The Trump administration is proposing "Bitcoin Bonds" to expand Bitcoin reserves.
4/2/2025, 11:52:48 AM
BlobScriptions, introduced by Ethereum, use blob technology to make data storage and transmission cheaper and more efficient. Like Bitcoin's inscriptions, BlobScriptions let users embed different types of data directly onto the Ethereum blockchain. When this blob feature was launched, it temporarily increased Ethereum gas fees. In this article, we will explain what BlobScriptions are and how they work in a straightforward way.
7/31/2024, 9:37:33 AM
This article provides a detailed explanation of the principles and implementation details of EIP-7706. This proposal draws on the Blob gas pricing mechanism from EIP-4844 to further reduce the operational costs of Layer 2 (L2). It helps readers quickly understand the latest developments in the Ethereum Gas mechanism.
6/5/2024, 2:36:20 PM
This article examines Ethereum's Pectra upgrade (Prague/Electra) coming in March 2025. The upgrade introduces key changes: raising the maximum validator stake to 2048 ETH, enhancing execution and consensus layer interactions, adding BLS12-381 curve support, optimizing blob transactions, and enabling EOA account code settings. These changes will reshape staking distribution, validator operations, cross-chain functionality, and user experience.
2/12/2025, 8:50:34 AM
The EIP-7706 proposal aims to reduce the operating costs of Ethereum L2, change the economic model, and introduce a dual pricing model of Base fee and Priority fee. EIP-4844 proposes Blob Transaction to stabilize transaction fees and will be implemented in 2024. The gas model in Ethereum will also increase restrictions as the network develops, such as the consumption of calldata. This helps L2 development and reduces sequencer costs. This article will introduce the latest Ethereum Gas Fee mechanisms.
5/27/2024, 10:39:01 AM
This article delves into the upcoming Dencun upgrade on the Ethereum network, with a specific focus on the EIP-4844 proposal and its impact on the Ethereum ecosystem, particularly Layer 2 technology and Data Availability (DA).
2/28/2024, 9:05:27 AM
This article provides an in-depth analysis of EigenDA's operations and market position as the largest data availability solution (AVS) in the Ethereum ecosystem. It explores EigenDA's design mechanisms, how it reduces costs and improves efficiency through its unique structure, and its competitive advantages in the data availability services market. The article also discusses the demand for data availability services, cost-effectiveness, and their impact on Ethereum network scalability.
9/9/2024, 7:18:28 AM
This article analyzes the lending mechanisms and architectural designs of different protocols, and also examines the strengths and weaknesses of various approaches, as well as the challenges faced by the industry.
12/31/2023, 1:35:39 PM
As L2 fees decrease, more unique applications will choose to build on L2. The Cancun upgrade is an important milestone in Ethereum’s scalability journey, heralding a new era of increased activity on the L2 chain.
3/20/2024, 10:53:42 PM
Explore Walrus, Sui blockchain's innovative decentralized storage solution. Developed by Mysten Labs, Walrus is designed for efficient storage of large and multimedia files, combining the advantages of full replication systems and RS (Reed-Solomon) encoding. Utilizing the new programming language Move and erasure coding technology, it ensures high availability and reliability. Walrus supports flexible data access, is compatible with multiple blockchain platforms, and provides a cost-efficient storage solution. Learn how Walrus is changing blockchain data storage and opening new possibilities for decentralized applications.
11/1/2024, 3:22:51 PM