Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’
![Ethereum Blob Inscriptions Exceed 40%, Triggering Unprecedented ‘Blob Contention’](https://www.cryptonewsvest.com/wp-content/uploads/2024/03/Ethereum-Blob-Inscriptions-Exceed-40-Triggering-Unprecedented-‘Blob-Contention.jpg)
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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 […]
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