Ethereum Core Developer: EIP-4844 to Reduce Transaction Fees to $0.01

WikiBit 2024-03-12 18:37

Ethereum Core Developers: Introducing EIP-4844 on Wednesday to Reduce Ethereum Transaction Fees to $0.01

Ethereum core developer eric.eth announced on the X platform that EIP-4844 will be released on Wednesday, reducing Ethereum transaction fees to $0.01.

Earlier reports indicated that the Ethereum Foundation announced the Dencun mainnet upgrade, expected to be activated on the Ethereum mainnet on March 13, 2024, at 21:55 Beijing time, at block height 269568. This upgrade introduces a temporary data blob with EIP-4844, also known as protodanksharding, which is expected to help reduce L2 transaction fees.

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