Blob Data

Definition ∞ Blob data refers to a specific type of transaction data used in certain blockchain architectures, notably Ethereum’s Danksharding upgrade. This data is designed to be cheaper to store and process compared to traditional transaction calldata. It allows for the inclusion of larger amounts of information within blocks without excessively increasing gas costs for users.
Context ∞ The current discussion around blob data is largely driven by its integration into Ethereum’s roadmap, particularly with the introduction of EIP-4844. This feature aims to significantly reduce transaction fees for Layer 2 scaling solutions by providing a more cost-effective method for data availability. The success of this implementation is seen as a crucial step toward enhancing Ethereum’s scalability and overall utility.