Ethereum fees poised for rebound amid L2, blob uptick
In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March. Go to Source
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In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March. Go to Source
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates. Go to Source
The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail. Go to Source
Users will be able to earn restaking yield from layer-2 tokens on EigenDA. Go to Source
This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place. Go to Source
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade to the Ethereum network has helped … Read more
Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing … Read more
In the aftermath of the recent Dencun upgrade and the deployment of EIP-4844, there has been a noticeable decline in transaction fees across various Layer 2 (L2) networks. This development marks a significant step forward in addressing the issue of high transaction costs within the Ethereum ecosystem. During the last hour (9:00–10:00 UTC+8), several L2 … Read more
The Dencun upgrade was seamlessly integrated into the Ethereum mainnet at 9:55 Eastern Time (ET) on March 13, 2024. The upgrade officially went live at Beacon slot 8626176. Ethereum’s Leap Forward with Dencun Upgrade Expected to drastically lower the transaction costs for layer two (L2) networks, Dencun introduces vital improvements aimed at boosting Ethereum’s scalability. … Read more