Arbitrum

Optimism

zkSync

<p>The post <a href="https://coinpedia.org/crypto-live-news/layer-2-blockchain-solutions-cost-drop-amidst-ethereums-dencun-upgrade/" rel="noopener noreferrer nofollow">Layer 2 Blockchain Solutions Cost Drop Amidst Ethereum’s Dencun Upgrade</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs of transactions on layer 2 solutions. The upgrade allows storing data in “blobs” instead of the expensive call data.The average cost of layer 2 solutions- Optimism has dropped to nearly 4 cents, Coinbase’s layer 2 solution fell to 3 cents, while Arbitrum declined to 40 cents. The average fee on zkSync and Zora also fell. Optimism, Arbitrum, and zkSync can now store data in blobs instead of expensive call data at a lower cost. It is believed that the blob mechanism will eventually lead to a 90% slide in transaction costs on layer 2 solutions.</p>

Layer 2 Blockchain Solutions Cost Drop Amidst Ethereum’s Dencun Upgrade

CoinPedia News

发布于 2024年3月14日的其他文章

Ankr Unveils Major Expansion of DePIN Network and Welcomes New Strategic Partners

Raffle Coin (RAFF) Explodes With Ripple (XRP) Hedge Fund Rush Amid Telegram IPO & Toncoin (TON) G...

Dogecoin Price Prediction: Doge Pumps 10% As Elon Musk Sees Tesla Purchases With Dogecoin, But Tr...

News Digest 03.13.24

Ethereum Dencun Upgrade Sparks Optimism for Lower Transaction Costs

High Expectations for Crypto Market as Bitcoin Halving Approaches

订阅我们免费的电子期刊，获取每日最新加密领域动态！