Ethereum

Gnosis

<h2 id="key-points"> Key Points </h2> 
<ul> 
 <li> Gnosis Chain has implemented the Dencun upgrade, introducing type 3 blob transactions to scale dapps. </li> 
 <li> Blob.Fm, a content-based platform, was the first dapp to utilize blobs on the Gnosis Chain network. </li> 
</ul>  
<p>The Gnosis Chain team has successfully launched a version of the Dencun upgrade on their network. </p> 
<p>This has led to the activation of type 3 blob transactions on the sidechain, a step aimed at enhancing the scalability of decentralized applications (dapps). </p> 
<h2 id="blobs-and-dapps">Blobs and Dapps</h2> 
<p>Blob.Fm, a platform centered around content, was the first dapp on the Gnosis Chain to take advantage of blobs. </p> 
<p>Gnosis Chain, previously known as xDai Chain, functions as a sidechain in conjunction with <a href="https://crypto.ro/en/cryptocurrencies/ethereum/">Ethereum</a>. </p> 
<p>It is managed by GnosisDAO and boasts a total value locked exceeding $320 million. </p> 
<p>It serves as a host for various dapps like Balancer, Spark, Aave, Aura, and more. </p> 
<h2 id="the-dencun-upgrade">The Dencun Upgrade</h2> 
<p>Stefan George, the co-founder of Gnosis Chain, announced the activation of Dencun. </p> 
<p>He mentioned that blobs can now be used to scale Gnosis or to post images using blob.fm. </p> 
<p>These blob transactions, also known as EIP-4844 or protodanksharding, are set to go live on the Ethereum mainnet with the activation of the Dencun upgrade. </p> 
<p>This is scheduled to occur at epoch 269568, which is set for 13:55 UTC on the following day. </p> 
<p>Blobs will serve as an additional feature on the network, enhancing data availability without affecting the existing Ethereum infrastructure. </p> 
<p>This will lead to more affordable transactions across Layer 2 rollups. </p> 
<p>The ultimate goal of this upgrade is to make decentralized applications more cost-effective and accessible for users on Layer 2s. </p>

Gnosis Chain Launches Blobs Before Ethereum’s Dencun Upgrade Goes Live

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