A short note on Ethereum's upcoming Fusaka upgrade and what it means for Blobs on Mainnet
again a lot of big words to describe what's happening on Ethereum (PeerDAS, BPO, Gaslimit) - so here's a quick & simple blob recap to add context to the data and coming upgrade:
> march 2024: "Dencun" upgrade goes live, introduces blobs as (temporary) data storage for L2s
> this makes L2 trx fees cheaper, increasing their margins (less paid to the L1)
> blob adoption stabilizes, fees for L2s go so low that ETH becomes inflationary again (less fees to L1 also means less ETH burned)
> may 2025: "Pectra" upgrade goes live, doubles number of blobs on L1
> this (again) makes L2 trx fees cheaper
> so while utilization of blobs goes up, ETH L1 gets even less fees now
> december 2025: "Fusaka" upgrade (should) go live, finally addressing value accrual to L1
> fusaka: sets floor on blob price + ties it to L1 gas, more aggressive pricing that hopefully generates more income to L1 and burns more ETH
1.2K
3
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.


