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Written by
Jesus Perez Crypto Plaza / DragonStake
Jesus Crypto Plaza 🌳
Nov 7
EIP-7918: Restoring Economic Balance to Ethereum’s Blob Market
Introduction — A Market That Lost Its Price SignalAfter the Dencun upgrade (EIP-4844) introduced blobs — Ethereum’s new data-availability market for Layer-2 rollups — the network achieved one of its greatest technical milestones in years: a ten-fold improvement in scalability. But economically, Dencun also created an imbalance. The new blob market functioned too well from an efficiency standpoint and too poorly from a pricing one. Within days of launch, blob fees collapsed to near zero, remai...
