🚀 Base Unveils 2024 Roadmap to Enhance On-Chain Transaction Efficiency
#Base #2024Roadmap #OnChainTransactions #TransactionCosts #DataAvailability #PeerDAS #PectraUpgrade #Throughput #GasTarget #NetworkBandwidth #Developers #Community #Scalability #BlobCapacity #NetworkHealth #FairCompensation
According to Odaily, Base has announced new developments in its 2024 roadmap aimed at reducing on-chain transaction costs and improving data availability to support global user participation in the on-chain economy. The project team plans to introduce the PeerDAS protocol through the upcoming Pectra upgrade to increase data capacity and reduce network bandwidth requirements. Since its launch last year, Base has quadrupled its throughput and increased the gas target per block from 2.5 Mgas/s to 10 Mgas/s. Starting from late September, Base commits to increasing the gas target by 1 Mgas/s weekly to achieve a long-term goal of 1 Ggas/s. This strategy aims to provide developers and the community with a predictable scaling path while ensuring the network's healthy development. Base also emphasized the importance of increasing blob capacity to support its expansion plans and proposed raising the minimum price for blob data to ensure network health and fair compensation.#Base #2024Roadmap #OnChainTransactions #TransactionCosts #DataAvailability #PeerDAS #PectraUpgrade #Throughput #GasTarget #NetworkBandwidth #Developers #Community #Scalability #BlobCapacity #NetworkHealth #FairCompensation
🚀 Ethereum Update Enhances Validator Efficiency and Reduces Network Bandwidth
#Ethereum #ValidatorEfficiency #Staking #PectraUpdate #NetworkBandwidth #Blockchain #Crypto #Cryptocurrency #ETH
According to Odaily, Ethereum core developer timbeiko.eth announced on the X platform that the upcoming Pectra update will introduce features to improve the effective balance of validators for stakers. This development allows smaller operators to directly enhance their staking value, while larger operators can consolidate validators to reduce bandwidth usage in the peer-to-peer network. Additionally, the update eliminates the pre-merge proof-of-work follow distance, shortens the delay in processing validator deposits, and introduces execution layer-triggered withdrawals, thereby establishing a more trustless staking structure.#Ethereum #ValidatorEfficiency #Staking #PectraUpdate #NetworkBandwidth #Blockchain #Crypto #Cryptocurrency #ETH