Voted Coins

Author Topic: Vitalik Buterin proposes calldata limit per block to lower ETH gas costs  (Read 370 times)

Offline codehash

  • Sr. Member
  • *
  • Activity: 415
  • points:
    13676
  • Karma: 90
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 09, 2022, 10:41:58 AM
    • View Profile

  • Total Badges: 18
    Badges: (View All)
    Third year Anniversary Second year Anniversary 10 Posts
Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.

Buterin’s post on the Ethereum Magicians forum, EIP-4488, highlights concerns regarding high transaction fees on Layer-1 blockchains for rollups and the considerable amount of time to implement and deploy data sharding:

“Hence, a short-term solution to further cut costs for rollups, and to incentivize an ecosystem-wide transition to a rollup-centric Ethereum, is desired.”
https://cointelegraph.com/news/vitalik-buterin-proposes-calldata-limit-per-block-to-lower-eth-gas-costs

Altcoins Talks - Cryptocurrency Forum


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


Offline Noverteno

  • Legendary
  • *
  • Activity: 1327
  • points:
    41140
  • Karma: 153
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: July 18, 2024, 10:18:48 AM
    • View Profile

  • Total Badges: 20
    Badges: (View All)
    Fourth year Anniversary Third year Anniversary 10 Posts
Re: Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
« Reply #1 on: November 27, 2021, 03:45:56 PM »
If there is such concern of Buterin, it means that there was really no confidence that the improvements in Ethereum 2.0 would reduce the total payment for gas on the network. The good news is that this problem is generally solvable. This is still the most problematic practical issue that needs to be resolved in any case, otherwise the ethereum network will not work. I hope all will be ok.

Altcoins Talks - Cryptocurrency Forum

Re: Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
« Reply #1 on: November 27, 2021, 03:45:56 PM »

This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod