Blobs go live on Gnosis Chain ahead of Ethereum’s Dencun upgrade

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Quick Take

Gnosis Chain developers activated blob transactions to scale dapps on the network.
Blob transactions, part of EIP-4844, will be implemented on Ethereum with the Dencun upgrade tomorrow.

The developers at Gnosis Chain deployed a version of the Dencun upgrade on the network, activating type 3 blob transactions on the sidechain to help further scale dapps.

Content-based platform Blob.Fm was the first Gnosis Chain dapp to leverage blobs on the network, demonstrating their use case.

Gnosis Chain, formerly known as xDai Chain, operates as a sidechain alongside Ethereum and is overseen by GnosisDAO. It has a total value locked of over $320 million, hosting dapps like Balancer, Spark, Aave, Aura and others.

“Dencun is activated. Now you can use blobs to scale Gnosis or post funny pictures using blob.fm,” said Stefan George, co-founder of Gnosis Chain.

These blob transactions, also called EIP-4844 (or protodanksharding), are planned to go live on the Ethereum mainnet with the Dencun upgrade activated at epoch 269568, tomorrow at 13:55 UTC.

Blobs will be an additive feature on the network, increasing data availability without impacting the existing Ethereum infrastructure, resulting in cheaper transactions across Layer 2 rollups. The end result is that the upgrade would help make decentralized applications more cost-efficient and accessible for users on Layer 2s.

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Vishal Chawla is The Block’s crypto ecosystems editor and has spent over six years covering tech protocols, cybersecurity, artificial intelligence and cloud computing. Vishal likes to delve deep into blockchain intricacies to ensure readers are well-informed about the continuously evolving crypto landscape. He is also a staunch advocate for rigorous security practices in the space. Before joining The Block, Vishal held positions at IDG ComputerWorld, CIO, and Crypto Briefing. He can be reached on Twitter at @vishal4c and via email at [email protected]