Analysis: Most L2s reduce L1 costs by more than 90% after adopting EIP-4844 blobs
2024-06-13 04:46
Odaily News According to data shared by crypto data analyst Kofi on the X platform, the adoption of EIP-4844 blobs has reduced L1 costs by more than 90% for most L2s. Note: L1 cost = Gas and Blob fees for batched transactions + Gas fees for proof verification transactions. As costs have dropped by an order of magnitude, L2 has the ability to reduce the Gas fees charged to users, and the cost of conducting ordinary transactions (such as ETH transfers or Uniswap transactions) on most L2s has dropped by more than 90%. It is worth mentioning that Manta, Orderly, Lyra, Hypr, and Aevo publish batches on Celestia instead of using EIP-4844 blobs.
