Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’

Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented 'Blob Contention'Following the debut of the Dencun upgrade and Ethereum blobs, enthusiasts have devised methods to embed data akin to how Ordinal inscriptions operate. Since this development, inscription-based activities now account for over 40% of blob transactions, leading to a significant increase in network activity. This uptick has resulted in a congestion of blob transactions, pushing […]

source https://news.bitcoin.com/ethereum-blob-inscriptions-exceed-40-triggering-unprecedented-blob-contention/

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