Bitcoin

Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’



Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented 'Blob Contention'Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […]



READ SOURCE

Business Asia
the authorBusiness Asia

Leave a Reply