![]() ![]() ![]() In fact, the Ethereum network has used danksharding in the past.Ī schematic overview of blob-carrying transactions introduced by EIP-4844. Certain Layer-2 rollups currently use blobs to increase transaction throughput. Sharding is a method that theoretically improves scalability by dividing a blockchain network into smaller units called ‘shards.’ Such a system enables multiple shards to process transactions in parallel, drastically improving scalability.ĭanksharding is a basic version of sharding that stores large amounts of data into a ‘blob’ that is then attached to a transaction. It notes that while EVM execution can’t access the data, it’s possible for it to access the commitment.ĮIP-4844 implements the transaction format necessary for sharding without actually sharding transactions. The proposal introduces a new type of ‘blob-carrying’ transaction that contains large amounts of data. Vitalik Buterin, Dankard Feist, Diederik Loerakker, and other key Ethereum developers proposed EIP-4844 in February 2022. I highly recommend having a basic understanding of sharding, rollups and other key Ethereum concepts before continuing further. I’m showing you everything you need to know about the up and coming Ethereum improvement proposal and how it can optimize Ethereum. Today’s article discusses EIP-4844 and the concept of proto-danksharding. Doing so has monumental effects for Ethereum’s transaction throughput, network congestion, and gas fees. The concept involves attaching small blobs of data that the Ethereum Virtual Machine (EVM) can’t process, but can access. The Ethereum Foundation now seeks to solve the main obstacle to the project’s mass adoption with a new Ethereum Improvement Proposal (EIP).ĮIP-4844 can potentially lower gas fees by up to 10x to 100x times less by introducing proto-danksharding. The Merge has done wonders for Ethereum, drastically lowering energy consumption as well as the rate of newly minted tokens. ![]()
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