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Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented Blob Contention

Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented Blob Contention
© Copyright Image: Crypto Breaking News

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.

Read more: https://www.cryptobreaking.com/ethereum-blob-inscriptions-exceed-40-triggering-unprecedented-blob-contention/

Text source: Crypto Breaking News

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