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The Ethereum Improvement Proposal that introduced blob transactions (proto-danksharding) in the Dencun upgrade of March 2024.
Definition
The Ethereum Improvement Proposal that introduced blob transactions (proto-danksharding) in the Dencun upgrade of March 2024. It created a new type of transaction that carries large data blobs at much lower cost than regular calldata. This slashed Layer 2 fees by 90% or more.
Related Terms
An Ethereum upgrade (EIP-4844) that introduced blob transactions as a stepping stone toward full danksharding.
A new transaction type introduced with Ethereum's EIP-4844 upgrade that lets Layer 2s post data to Ethereum much more cheaply.
A secondary network built on top of a Layer 1 to improve scalability.
Application Binary Interface.
A way to make crypto wallets behave more like normal apps by turning every account into a smart contract.
The Ethereum standard for account abstraction without changing the core protocol.
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