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zkSync, a Layer 2 solution on Ethereum, introduced a 4844 blob resulting in over 50% reduction in fees. The impact of this blob on zkSync's fee markets will be observed in the coming days. Other developers also celebrated the 'Ethereum Blob Day' and noted the significant fee reduction. Optimism implemented the blob, reducing transaction fees from $0.32 to $0.0004. The community sees this as a step towards scaling Ethereum and making transactions more affordable.
Feel like blobs just took Ethereum to the broadband era.
Ethereum is scaling. Welcome to the era of the blobs. https://t.co/5TVoXf7GPt
Crazy reduction in fees thanks to 4844/blobs And remember, this is only the beginning! https://t.co/H22HHJpcJZ