Let's talk about the Cancun upgrade and blobs.
EIP-4844 introduced a new transaction type that carries blobs. Each blob contains 4,096 units of 32-byte data, or about 128 KB.
Put simply, blobs are cheap because their data is stored for only about 18 days, doesn't need to be stored permanently, and isn't processed by the EVM, putting much less pressure on nodes.
When Layer 2 networks submit blob data to the mainnet, the blob fees are also paid in $ETH .
Don't put all your funds behind a single bet.
#ETH
Just my personal opinion, not investment advice.
EIP-4844 introduced a new transaction type that carries blobs. Each blob contains 4,096 units of 32-byte data, or about 128 KB.
Put simply, blobs are cheap because their data is stored for only about 18 days, doesn't need to be stored permanently, and isn't processed by the EVM, putting much less pressure on nodes.
When Layer 2 networks submit blob data to the mainnet, the blob fees are also paid in $ETH .
Don't put all your funds behind a single bet.
#ETH
Just my personal opinion, not investment advice.
