A separate fee market for blob data introduced by EIP-4844 that operates independently from Ethereum's regular gas fee market.
A separate fee market for blob data introduced by EIP-4844 that operates independently from Ethereum's regular gas fee market. Blob fees have their own base fee that adjusts based on blob demand. This prevents data-heavy L2 transactions from competing with regular users for block space.
The Ethereum Improvement Proposal that introduced blob transactions (proto-danksharding) in the Dencun upgrade of March 2024.
The minimum gas price required for a transaction to be included in an Ethereum block.
A new transaction type introduced with Ethereum's EIP-4844 upgrade that lets Layer 2s post data to Ethereum much more cheaply.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The way Ethereum and many other chains track balances.
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