A proposal to change the blob gas target and max values on Ethereum comes seven months after blobs were introduced in the blockchain’s Dencun upgrade in March.
Ethereum developers are set to implement an Ethereum Improvement Proposal (EIP) to optimize blob-carrying transactions in a bid to improve network scalability in the upcoming Pectra fork.
EIP-7742 will create a mechanism for the Ethereum consensus layer to “dynamically” set the blob gas target and max values, Galaxy Digital’s vice president of research, Christine Kim, posted to X on Oct. 17 after attending Ethereum’s “All Core Devs” meeting.
Blobs are large, but temporary, chunks of data embedded in Ethereum transactions that aim to make Ethereum layer 2 transactions cheaper.
