Vitalik and Ethereum logo

Vitalik Buterin Writes On Ethereum’s Milestone with Blobs and Roadmap for the Future

Vitalik Buterin delves into Ethereum’s recent milestone with the introduction of blobs, a key feature enabled by the Dencun hard fork. Blobs mark a pivotal transition in Ethereum’s scaling efforts, shifting the focus from a “zero-to-one” problem to a “one-to-N” challenge. Buterin outlines the significance of this shift and discusses the future direction of Ethereum’s development, particularly in scaling and application-layer improvements.

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Ethereum logo showing the word fees cut with scissors

Significant Drop in L2 Network Transaction Fees Post-Dencun Upgrade and EIP-4844 Implementation

Following the Dencun upgrade and the implementation of EIP-4844, transaction fees across Layer 2 (L2) networks have seen significant reductions. In the past hour (9:00-10:00 UTC+8), various L2 solutions such as Optimism, Base, Arbitrum, and zkSync Era witnessed substantial drops in average and median transaction fees.

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