https://blog.cfelde.com/tags/layer3/Recent content in Layer3 on Blog of Christian FeldeHugoen-USTue, 02 Apr 2024 10:35:20 +0000https://blog.cfelde.com/2024/04/what-about-l3/Tue, 02 Apr 2024 10:35:20 +0000https://blog.cfelde.com/2024/04/what-about-l3/<p>Like I mentioned on LinkedIn a couple of weeks back, <a href="https://www.linkedin.com/feed/update/urn:li:activity:7173613984665722880/" title="">Dencun/4844 was Ethereum’s broadband moment</a>. The blob transactions enabled by that hardfork network upgrade enabled a new type of storage space for unstructured data.</p> <p>Very soon after this change, we saw transaction prices on Layer 2s, like Arbitrum, Base, and Optimism drop significantly, often over 10x cheaper than prior to the upgrade. As Ethereum mainnet continues building on these new rails, additional transaction bandwidth will be unlocked, supporting further growth among the L2s.</p>