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RE: LeoThread 2024-02-10 03:39

in LeoFinance • 4 months ago

🧵 1/4: Ethereum's upcoming Duncan upgrade introduces "proto-danksharding," enhancing Layer 2 solutions like zkSync & others. Lower fees expected, making transactions more affordable. #crypto

4 months ago in LeoFinance by
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     4 months ago  

    🧵 2/4: Proto-danksharding incorporates off-chain 'data blobs', increasing data capacity for Layer 2s without affecting block processing times. A crucial development for scalability.

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       4 months ago  

      🧵 3/4: With Duncan, zkSync aims to reduce transaction fees significantly. Fees on zkSync currently average $0.20, but this upgrade could potentially bring the cost down to under $0.10 per transaction.

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         4 months ago  

        🧵 4/4: Matter Labs, the core contributor to zkSync, has implemented code enhancements and rolled out Boojum, a STARK-based proof system, improving performance and data compression. EIP-4844 plays a key role in these developments.

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