• Written by: Crypto Breaking News
• Thu, 28 Mar 2024
•   United Kingdom

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 [...]The post Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented Blob Contention appeared first on Crypto Breaking News.

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 [] Source: Bitcoin.com

The post Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented Blob Contention appeared first on Crypto Breaking News.