“Blob” often comes up in Ethereum upgrades. What exactly does it contain?
First, what it is: blobs have a separate fee market. The blob base fee adjusts automatically based on the gap between usage and the target, and is also burned.
How it works: “Proto-Danksharding” is a preliminary version of full Danksharding. First, the blob transaction format and fee mechanism are established, and capacity is gradually expanded later.
When Layer 2 networks submit blob data to the mainnet, the blob fee is also settled in $ETH .
Don’t put all your funds into one project.
#ETH
First, what it is: blobs have a separate fee market. The blob base fee adjusts automatically based on the gap between usage and the target, and is also burned.
How it works: “Proto-Danksharding” is a preliminary version of full Danksharding. First, the blob transaction format and fee mechanism are established, and capacity is gradually expanded later.
When Layer 2 networks submit blob data to the mainnet, the blob fee is also settled in $ETH .
Don’t put all your funds into one project.
#ETH