blobs

ChainCatcher news, according to official sources, the newly appointed co-executive directors Hsiao-Wei Wang and Tomasz StańCzak have released a joint statement outlining their development priorities for the upcoming year for the first time. The statement indicates that the Ethereum Foundation will focus on three main areas: mainnet scalability, expanding Blobs, and improving user experience (including layer two network interoperability and application layer).The foundation will continue to uphold four core values: anti-censorship, open-source innovation, privacy protection, and security. The two executive directors stated that they will strengthen internal operations of the foundation, enhance developer and user experience, improve ecosystem coordination, and commit to maintaining Ethereum as a decentralized public good. In addition, the foundation will also strengthen collaboration with layer two networks to achieve synergistic development of the entire ecosystem through optimized architectural design and interoperability.

ChainCatcher news, Ethereum Foundation Co-Executive Directors Hsiao-Wei Wang and Tomasz Stańczak jointly published an article titled “The Next Chapter of the Ethereum Foundation”, which states that major directions have been set for the next 12 months, including scaling the Ethereum mainnet, expanding blobs, and enhancing user experience, including L2 interoperability + application layer. This means improving the interoperability and coordination between the mainnet and L2, UX, DevEx, allowing applications and L2 to gain more presence and attention at Devcon, and expanding their information through communication channels.

ChainCatcher message, Vitalik stated on Warpcast that the Blob has quietly "entered price discovery," with recent total fees averaging about 10 ETH per day.

ChainCatcher news, according to Cointelegraph, Ethereum co-founder Vitalik Buterin urged for an increase in the "number of blobs" introduced during the Dencun upgrade to further expand the network and enable Layer 2 protocols to increase capacity.In a discussion following the latest developer call, Vitalik revealed that the current usage rate of blob space is nearing 75%, and there is a need to increase the number of blobs through the EIP-7623 proposal. He stated, "I think the entire ecosystem is ignoring the fact that it is uncomfortably close to the limit."It is reported that blob space is a dedicated data storage area introduced by EIP-4844 (also known as proto-danksharding) aimed at improving the scalability of the network. The number of blobs refers to the number of blobs that can be included in each Ethereum block. The current goal is to have 3 blobs per block, with a maximum of 6, but Vitalik is now advocating for an increase to 4 blobs per block, with a maximum of 8, so that each block can store more data.

ChainCatcher message, regarding Vitalik's response to "Ethereum is becoming increasingly decentralized in validation, but centralized control," a community user mentioned, "Sending 32MB of data to 4 nodes requires 1Gbit of upstream bandwidth, and if the network needs 4 hops, it requires 4Gbits of bandwidth. Additionally, considering data propagation, the upstream bandwidth requirement could double, reaching 2.5GBit/s." This was not directly addressed.Vitalik Buterin stated that we do not need a single participant to broadcast all blobs. These blobs are already in the mempool, and there are many distributed broadcasting options. There are still quite a few steps to achieve the complete DAS for the 16 MB goal, and there are no plans to persist until a satisfactory solution is found.

According to ChainCatcher news, RISC Zero, a zero-knowledge proof software developer, is collaborating with Celestia to build a zkVM-based cross-chain bridge called "Blobstream Zero." Blobstream Zero will enable Rollups and applications to ZK prove and verify the data availability (DA) of Celestia across any chain by connecting Celestia's modular data availability layer with Ethereum, Optimism, Bitcoin, Solana, and more.Blobstream Zero will conduct on-chain verification across all major chains, starting with Ethereum and gradually expanding to Optimism, Arbitrum, Solana, and Bitcoin, with more features to be launched in the coming months. Blobstream Zero will also allow applications to combine their execution ZK proofs with recursive DA light client proofs and inclusion proofs to optimize existing and new use cases.

ChainCatcher news, the modular blockchain network Celestia announced on social media that Blobstream has launched on the Ethereum mainnet. Developed by Succinct Labs, Blobstream streams the commitment of Celestia's data root to on-chain Ethereum light clients, providing permissionless high-throughput data availability (DA) for Ethereum Layer 2 (L2), ensuring security through cryptoeconomic guarantees rather than reputation or hidden trust assumptions. Blobstream is also available on celenium.io, allowing anyone to track the on-chain commitments of Celestia's data root.It is reported that Blobstream was previously known as the Quantum Gravity Bridge (QGB), serving as a bridge between Celestia and Ethereum (or its EVM L1 chain) to facilitate the transfer of data and assets between the two networks.

ChainCatcher message, Blast indicates on X that it will support the upgrade of blobs at 2 PM Pacific Time on May 27. After the upgrade, users will pay lower gas fees, while Dapps will receive more gas fee revenue. Infrastructure providers should upgrade to the latest Blast node that supports 4844.

ChainCatcher news, according to official information, BNB Chain has updated the opBNB roadmap, introducing support for transactions carrying blobs to the network through BEP-336, thereby reducing the data costs of opBNB Layer 1.

ChainCatcher news, at the 2024 Hong Kong Web3 Carnival, Ethereum co-founder Vitalik Buterin delivered a keynote speech titled "Building on Ethereum in the 2020s." He stated that EIP-4844 lays the foundation for future scalability through DAS (Data Availability Sampling). The current DAS can accommodate 3 blobs (approximately 375 kB), the next phase of PeerDAS will support 8-16 blobs (approximately 1-2MB), and the final complete DAS can accommodate 128 blobs (approximately 16MB).

ChainCatcher news, the modular blockchain network Celestia announced on platform X that Blobstream has launched on the Base mainnet, allowing developers to continue building within the "same ecosystem" and create customizable high-throughput block space. Blobstream, developed by Succinct Labs, is a unidirectional data proof bridge that enables Ethereum L2 and L3 to use Celestia as modular data validation. It uses DA proofs and the Merkle root of batched Celestia block data to prove the existence of rollup data on Celestia.Developers can now start integrating the new Ethereum rollup framework with Blobstream to expand any ecosystem. It is important to note that Blobstream is still in its early stages and is experimental software; users should assume the risks of using Blobstream.It is reported that Blobstream was previously known as the Quantum Gravity Bridge (QGB), which serves as a bridge between Celestia and Ethereum (or its EVM L1 chains), facilitating data and asset transfers between the two networks.

ChainCatcher news, Celestia Labs has launched the Ethereum modular data availability (DA) solution Blobstream. Blobstream allows L2 developers in the Ethereum ecosystem to integrate with Celestia, which provides dedicated blobspace with pricing independent of Ethereum Gas costs, thereby maximizing data throughput.