Proto-danksharding – DIGIT INFO

Vitalik Buterin Explores Blobs and Parallelization in L2 Rollup Analysis

DIGIT — Fri, 29 Mar 2024 22:35:00 +0000

In a recent deep dive into Ethereum’s future scalability and infrastructure, Ethereum co-founder Vitalik Buterin discusses the latest introduction of blobs and their significant role in the evolution of layer two (L2) rollups. This pivotal development marks a transition towards more efficient internal scaling and parallelization within Ethereum’s ecosystem, according to Buterin. Scaling Ethereum: Buterin […]

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Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

DIGIT — Thu, 28 Mar 2024 19:23:27 +0000

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 […]

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Ethereum’s Dencun Upgrade Goes Live, Promises Lower Fees and Enhanced Scalability

DIGIT — Wed, 13 Mar 2024 17:10:24 +0000

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. […]

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Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559

DIGIT — Mon, 12 Feb 2024 10:00:34 +0000

Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million ether (3.2%) have been removed from the network since the adoption of EIP-1559, which changed how fees are calculated. EIP-1559 Burns […]

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Ethereum’s proto-danksharding to make rollups 10x cheaper – Consensys zkEVM Linea head

DIGIT — Fri, 08 Sep 2023 09:20:44 +0000

Consensys zkEVM Linea head Nicolas Liochon says speed and execution will continue to increase as it tweaks its Ethereum layer 2 scaling solution.

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Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’

DIGIT — Fri, 09 Dec 2022 20:30:27 +0000

According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the network’s staked ethereum withdrawals. Ethereum Devs Aim for Hard Fork Target ‘Around March-ish’ On […]

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Vitalik: L2 transaction fees need to be under 5c to be ‘truly acceptable’

DIGIT — Wed, 04 May 2022 02:08:58 +0000

Despite Layer-2s offering relatively cheap transactions, Vitalik Buterin said that all transactions need to be under $0.05 to be truly acceptable.

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