What’s Layer 2 all about? Don’t panic—the class rep is here:
In March 2024, Ethereum’s Dencun upgrade introduced blob data (EIP-4844), making it much cheaper for Layer 2s to submit data to mainnet.
Layer 2s save money by compressing many transactions and submitting them to mainnet together, so the mainnet costs are shared across all those transactions.
Learning this won’t make me stronger right away, but it can help me avoid a few basic mistakes.
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