Blobs go live on Gnosis Chain ahead of Ethereum’s Dencun upgrade | Headlines | News | CoinMarketCap
03/12/2024 12:22The developers at Gnosis Chain deployed a version of the Dencun upgrade on the network, activating type 3 blob transactions on the sidechain to help …
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 …