"BLOBS"

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In the last day, we finally saw blobs spike up in volume and the fee market activate as the blobscriptions protocol start.

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.

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.

Walrus (WAL) is a groundbreaking decentralized storage platform built specifically for managing large binary data files, known as "blobs," within the Sui blockchain ecosystem.This article explores what Walrus (WAL) is, its unique features, the experienced founding team behind it, and how it differentiates itself from other decentralized storage solutions.

The historical growth issue in Ethereum scalability highlights that the accumulation of new blocks and transactions is the biggest bottleneck. Historical growth is limited by network I/O and node storage space, differing from state growth issues. The article mentions that although the Dencun hard fork introduced blobs to slow down historical growth, it remains a challenge. The EIP-4444 proposal suggests that each node should only keep one year of history, significantly reducing storage burden and stabilizing storage needs.

Ethereum's scaling strategy has evolved from sharding and layer 2 protocols to a rollup-centric approach. The current roadmap proposes a division of labor between L1 and L2: L1 serves as a robust foundation layer, while L2 is responsible for ecosystem expansion. Recent achievements include EIP-4844 blobs increasing L1 data bandwidth, and multiple EVM rollups reaching stage 1. Future goals include achieving 100,000+ TPS, maintaining L1 decentralization, ensuring some L2s inherit Ethereum's core properties, and maximizing interoperability between L2s. Key research areas include data availability sampling, data compression, and cross-L2 interoperability.

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.

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.

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.

The article discusses the challenges brought by the ever-growing storage demand of Ethereum, particularly the inconsistency in storage behavior among full nodes. To solve this problem, the EIP-4444 and EIP-4844 standardized historical data deletion schemes are proposed. The article introduces the Ethereum Portal network and the EthStorage network as solutions, the former being a lightweight P2P network and the latter an incentivized modular storage network, both aiming to provide decentralized, Ethereum-aligned data storage and access. The article also proposes future development plans, including a decentralized Ethereum state network, proof of storage for dynamic-sized data, and decentralized access from browsers.

There has for a long time been interest in the concept of multi-dimensional gas, and with EIP-4844 we actually have multi-dimensional gas working on Ethereum today. This post explores the benefits of this approach, and the prospects for increasing it further.

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.

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.

This article explores how the Dencun upgrade will further promote the prosperity of the L2 ecosystem.

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.