Ethereum is flooded with transactions with BLOB objects similar to Ordinals
On March 27, the volume of space usage in Ethereum blocks for BLOB transactions reached 100% due to the placement of "inscriptions" on the blockchain, similar to Bitcoin Ordinals.
On March 27, the volume of space usage in Ethereum blocks for BLOB transactions reached 100% due to the placement of "inscriptions" on the blockchain, similar to Bitcoin Ordinals.
As widely predicted, it looks like March 27, 2024 will be remembered as the day that the ‘blobs are free EIP-4844 launch discount’ party came to a close – courtesy of Blob Inscriptions. 100% expected. And yet still breathtaking to observe. Follow along @ https://t.co/Ctj3QWHYgh pic.twitter.com/ZdCO0dcbte
— Matt Cutler?? (@mcutler) March 27, 2024
The option became possible after the activation of the Dencun update on the mainnet on March 13. One of the main components of the upgrade in the form of EIP-4844 allowed L2 networks to dramatically reduce fees due to BLOB transactions.
However, arrays of binary data began to be actively used for the implementation of "labels". According to the dashboard on Dune, almost 40% of the total number of BLOBS is used for this.
As noted in The Block, this happens despite the "ephemerality" of the inscriptions — the data is stored for 18 days. They can only remain in full archive nodes.
Source: https://forklog.com/news/ethereum-navodnili-tranzaktsii-s-blob-obektami-po-analogii-s-ordinals
