Everything will probably change with the introduction of EIP 4844, the cost of transactions will drop 10 times!😍 Read opinion one of threaders .
Get ready for the future🔮
Sharding: a new stage for Ethereum
Ethereum plans to expand using sharding: we break the blockchain into smaller parts and process more transactions. But this creates problems, for example, the difficulty of executing code between shards
What is Sharding?
Sharding represents database partitioning or systems for several resources. IN Ethereum it means dividing the network to increase efficiency and bandwidth⚙
The core of the Ethereum structure
Imagine Ethereum like a huge computer storing data and executing programs. Now it sometimes works slowly. Multiple data duplication nodes makes it work expensive and inefficient🖥
Code EIP-4844: the answer to the problem
EIP-4844, also known as proto-dankshardingoffers an innovative solution. It represents a new type of transaction that accepts "blobs" of data - big blocks stored in Ethereum for a limited time.
The power of blobs
"Blobs" change the rules of the game. They allow dApps merge transactions and send them as one blobwhich reduces commissions.
Reduced Fees: A Win for All
With transactions for commission blobs become much below, making dApps more accessible to users. It does dApps more accessible and can stimulate wider adoption Ethereum
Ethereum Acceleration and Scalability
Thanks to grouping Ethereum transactions be able to process them at a faster rate by increasing throughput. EIP-4844 prepares the ground for a complete Danksharding, taking scalability to the next level
Second level transformation
At the moment, second-level transactions cost from $0.02 to $0.35.
Thanks to EIP-4844, transactions can cost just a few fractions of a cent, which is a game-changer for second-tier applications, allowing them to compete web 2
Forward to a Better Ethereum😎
EIP-4844 embodies the innovative spirit of Ethereum. It addresses scalability issues directly, creating the conditions for a more efficient, affordable, and reliable Ethereum network.
Based thread : Inna