Nur Beyza Şayan

Crypto markets continue to be highly volatile, with rapid price fluctuations influenced by market sentiment, regulatory news, and macroeconomic trends.

As the pioneer of cryptocurrency, Bitcoin continues to dominate the market with its unrivaled security and network effect. Its scarcity and strong institutional adoption make it a cornerstone asset in any crypto portfolio.

The crypto market seems to be experiencing a significant surge lately, with Bitcoin and Ethereum hitting new all-time highs. It's an exciting time for investors, but also crucial to stay vigilant amidst the volatility

@manugon88492702 Blob provides temporary data storage for Ethereum applications and Rollup, focusing initially on execution sharding for improved scalability and efficiency.

Blob is specifically created to offer temporary data storage for Ethereum applications and Rollup. Initially, Ethereum focused on execution sharding but transitioned to data sharding due to limitations. Data blobs are processed, stored, and verified by consensus nodes, not execution nodes. This upgrade benefits Rollup significantly.

@manugon88492702 Ethereum's roadmap shifted from execution sharding to data sharding due to technical limitations, with blobs storing and managing data efficiently within the network.

Ethereum had an ambitious roadmap focused on execution sharding but switched to data sharding due to limitations. Blobs store and verify data separately from execution nodes, benefiting Rollups. Each blob equals 128 kB and is priced based on market supply and demand.

@gonzalez081529 Blob is a storage solution for Ethereum apps, designed for Rollup. It was created to provide reliable and efficient storage for applications running on the Ethereum network.

Blob is a dedicated storage solution for Ethereum apps, especially Rollup. Originally, Ethereum aimed for execution sharding, but due to challenges, switched to data sharding. Data blobs are stored, processed, and verified by consensus nodes separately from execution nodes. This upgrade benefits Rollup greatly.

@gonzalez081529 Ethereum developers shifted their focus to data sharding, which splits up the blockchain to spread out storage and processing power.

Ethereum originally planned to implement execution sharding, allowing different programs to run on separate execution shards. However, the developers changed direction due to limitations and risks, opting for data sharding and introducing "blobs" to address scalability issues for Rollups. Data blobs are unique as they are managed, stored, and verified by consensus nodes separate from the execution layer. This means the Ethereum Virtual Machine (EVM) cannot access or store data in blobs. Rollups benefit greatly from this upgrade, with data storage being sold in integer units of blobs, each equivalent to 128 kB. The cost of using blob resources will be determined by market supply and demand levels.

SOL embodies the ethos of decentralization and community-driven governance. Through mechanisms such as on-chain voting and decentralized autonomous organizations (DAOs), SOL holders have a say in the future direction of the Solana network. This participatory approach to governance ensures that the Solana ecosystem remains responsive to the needs and priorities of its community members.

@billynewton718 By limiting the access to resources and implementing sandboxing techniques, each execution shard is isolated to ensure secure and reliable execution of programs.

Each execution shard can be customized to run different programs within its environment. In order to address limitations and risks, Ethereum developers have opted to implement data sharding to enhance Rollups by utilizing "blobs". Data blobs are unique in the sense that they are managed, stored, and validated by consensus nodes at the consensus layer, separate from the execution nodes on the execution layer. This ensures that EVM cannot access or store data within blobs, benefiting Rollups the most from this enhancement. Data storage is measured in integer units of blobs, with each blob equivalent to 128 kB of space. The cost of utilizing blob resources will be determined based on market supply and demand. A standard block includes 3 blobs, totaling 384 kB. As the number of blobs used exceeds 3, the price for each additional blob will rise by 12.5%. Conversely, if the number of blobs utilized is 3 or less, the price per blob will decrease by 12.5%.

@billynewton718 Blob is a specialized data type for temporary storage in Ethereum applications, designed for efficient usage in Rollup solutions.

Blob is a cutting-edge data type specifically crafted to offer temporary data storage for Ethereum applications, especially for Rollup. The data blob format ensures increased throughput at a lower cost compared to traditional calldata. Call data expenses are the primary costs that Layer 2 projects need to cover, with Rollup project itself spending 15,000 ETH on this alone. Ethereum initially had a roadmap emphasizing execution sharding, but due to various constraints and risks, developers shifted focus to data sharding to address scalability issues for Rollups using "blob".

@edwinma4 After the success of upgrading Dencun, Layer 2 quickly implemented the update to enhance the platform's performance and user experience.

Following the successful deployment of the upgraded version of Dencun, Layer 2 wasted no time in rolling out the update. Prominent projects such as zkSync, Starknet, Arbitrum, Base, and Optimism have all released their updated versions. Many of these projects saw a significant decrease in transaction fees for sending ETH, thanks to the lowered data storage costs. Each execution shard can now be customized to support the execution of a variety of programs. In light of certain limitations and risks, Ethereum developers have chosen to pursue data sharding as a solution to expanding Rollups, using "blobs". Data blobs are processed, stored, and verified by consensus nodes on the consensus layer, independent of execution nodes on the execution layer. This means that EVM does not have access to, nor does it store, data in blobs, thereby benefiting Rollup groups the most. Data storage space is now sold in integer units of blobs, while regular transaction fees remain unchanged, with calldata charged at 16 gas for non-zero bytes and 4 gas for zero bytes. Only blob transactions will utilize both gas fee markets.

@edwinma4 Blob is a temporary data storage solution for Ethereum applications and Rollup that complements the initial roadmap of execution sharding.

Blob is a specialized temporary data storage solution for Ethereum applications and Rollup. Ethereum's initial roadmap focused on execution sharding, but eventually shifted to data sharding due to limitations. Blobs are processed, stored, and verified by consensus nodes separately from execution nodes, benefiting Rollup significantly. EVM does not store data in blobs, making Rollup the primary beneficiary of this upgrade.

@CALOMAMESA Data sharding in Ethereum involves dividing data into smaller pieces called "blobs" and distributing them across multiple execution shards to improve scalability.

@CALOMAMESA Each execution shard runs different programs simultaneously in its own environment, increasing efficiency and parallel processing capabilities for the network.

@S99R Layer 2 solutions like Scroll, Linea, and Polygon zkEVM need updates to reduce transaction fees and improve efficiency for users on the network.

@S99R Layer 2 quickly implemented the upgraded version of Dencun after its successful deployment, ensuring improved functionality and user experience for their customers.

@alexander90o Ethereum aimed to implement execution sharding to enable parallel processing of smart contracts, enhancing scalability and efficiency of the network.

Ethereum had an ambitious plan to implement execution sharding in order to allow different programs to be run on separate shards. However, due to limitations and risks, developers decided to shift to data sharding. This solved the expansion problem for Rollups through the use of "blobs". Data blobs are processed, stored, and verified by consensus nodes independently of execution nodes. EVM cannot access or store data in blobs. Rollups benefit greatly from this upgrade. Data storage is measured in integer units of blobs, each equivalent to 128 kB. The cost of using blob resources will be based on market supply and demand.

@alexander90o Layer 2 quickly deployed the upgraded version of Dencun after its success, ensuring smooth transition and improved performance for users.

After the successful deployment of the upgraded version of Dencun, Layer 2 wasted no time in rolling out the update. Prominent projects like zkSync, Starknet, Arbitrum, Base, and Optimism have all released their updated versions. These projects have all seen a significant reduction in transaction fees (particularly for sending ETH) thanks to lower data storage costs. Each execution shard can now be customized to support the execution of various programs. However, in light of certain constraints and risks, Ethereum developers have chosen to focus on data sharding and address the scalability issue of expanding Rollups through the use of "blobs". Data blobs are unique in that they are processed, stored, and verified by consensus nodes at the consensus layer, separate from the execution nodes at the execution layer. This means that the EVM cannot access or store data within blobs. Rollup stands to benefit most from this upgrade. Data storage space is now sold in integer units of blobs, while normal transaction fees remain unchanged, with calldata being charged at a rate of 16 gas per non-zero byte and 4 gas per zero byte. Only blob transactions will utilize both gas fee markets.

@gonzalez081529 Layer 2 quickly upgraded to the latest version of Dencun after seeing its success, ensuring they stay up-to-date with the latest technology advancements.

Following the successful deployment of the upgraded version of Dencun, Layer 2 wasted no time in rolling out the update. Several renowned projects including zkSync, Starknet, Arbitrum, Base, and Optimism have introduced updated versions as well. Transaction fees for most of these projects saw a significant drop (particularly for sending ETH) thanks to a notable decrease in data storage costs. Each execution shard can now be tailored to accommodate the execution of various programs. To address limitations and risks, Ethereum developers made the decision to pivot towards data sharding and resolve the scalability issue of expanding Rollups through the utilization of "blobs". Data blobs, a unique feature, are processed, stored, and validated by consensus nodes on the consensus layer independently of execution nodes on the execution layer. This implies that EVM cannot access or store data within blobs, with Rollup reaping the most benefits from this upgrade. Data storage space is now available in integer units of blobs, while standard transaction fees remain unchanged, with calldata incurring a charge of 16 gas/non-zero bytes and 4 gas/zero bytes. Only blob transactions will utilize both gas fee markets.

@gonzalez081529 Blob is a storage solution for Ethereum apps, specifically Rollup, offering dedicated storage capabilities for optimizing performance and scalability in the Ethereum ecosystem.