EIP-4844: How this update revolutionizes Ethereum

Why EIP-4844 Really Changes the Game

Are you tired of high fees on Ethereum? This is exactly the problem that EIP-4844 aims to solve, an improvement proposal launched during the Cancun upgrade. If you regularly trade or use decentralized applications, this technology should directly enhance your experience.

EIP-4844, also known as proto-danksharding, is not just a simple technical update. It is a concrete solution to the two chronic ills of Ethereum: exorbitant fees and slow transactions during network congestion.

Blobs: The Secret to Reducing Costs

The real innovation behind EIP-4844 lies in the introduction of “blobs” of data. Imagine the blobs as optimized data containers, temporarily attached to transactions but not processed by the Ethereum Virtual Machine (EVM).

Why is it important? These blobs disappear after a short period, so they do not permanently clutter the blockchain. This mechanism allows for the transport of much more data without increasing transaction fees or overloading the network. It is a brilliant innovation for optimizing available space.

How does EIP-4844 actually work

At the heart of the system, EIP-4844 performed a simple yet powerful task: it assembles these blobs onto Ethereum blocks. By increasing the data capacity that each block can handle, the proposal accelerates transactions and makes them more efficient.

Think of it this way: you add an extra lane to a congested highway. Suddenly, traffic flows more smoothly. That's exactly what EIP-4844 does for Ethereum.

The concrete benefits for users

Faster transactions: With EIP-4844, you will process your operations faster on Ethereum. Latency decreases, and the experience improves.

Split fees: The new blob architecture creates an economical pathway for transferring more data. The result? Significantly reduced transaction costs, making Ethereum accessible to many more users.

This improvement has a particular impact on solution layers (Layer 2), which can now publish their data in a much more affordable way.

EIP-4844: a step towards Danksharding

EIP-4844 is just the beginning of the journey. It paves the way for full Danksharding, a future evolution of Ethereum capable of handling a massive volume of transactions without sacrificing decentralization or security.

Currently, proto-danksharding lays the foundations. In the future, Danksharding will exponentially amplify these capabilities. EIP-4844 is therefore the springboard towards an infinitely more powerful and scalable Ethereum.