EIP-4844

Definition ∞ EIP-4844, also known as “Proto-Danksharding,” is a proposed Ethereum Improvement Proposal designed to substantially decrease transaction fees for layer-2 scaling solutions. It introduces a novel transaction format that incorporates “blobs” of data, which are more cost-effective for rollups to post to the Ethereum mainnet than existing methods. This mechanism aims to lower the operational costs associated with using decentralized applications by reducing data availability expenses.
Context ∞ EIP-4844 represents a pivotal upgrade within Ethereum’s scalability roadmap, specifically addressing the cost of data availability for rollup solutions. Its successful integration is anticipated to yield significant reductions in layer-2 transaction fees, thereby improving user experience and promoting wider adoption of decentralized applications built upon the Ethereum network.