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Bankless

ROLLUP: Blobs Arrive | BTC New High | ETH ETF? | Bankless 4th Birthday

Mar 15, 2024

01:18:09

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Snipd AI

Discussions on the arrival of 'blobs' in Ethereum, Bitcoin hitting a new high, potential ETH ETF, DeFi rates, and meme coins' impact on the market. Exploration of layer two solutions, retail interest in meme coins, and the innovative use of blobs in crypto platforms. Talks on enhancing Ethereum efficiency with blobs space, innovations in layer two solutions, and MEV challenges in blockchain technology.

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Podcast summary created with Snipd AI

Quick takeaways

EIP 4844 introduced blob space, leading to significantly lower fees on layer 2 solutions.

Arbitrum saw a 90% gas fee reduction by leveraging blob space and ArbOS Atlas.

Layer 2 projects showcased alignment in optimizing gas fees through blob space adoption.

Deep dives

Layer 2 Fees Plunge After Ethereum Upgrade

The recent Denhoun hard fork introduced EIP 4844, bringing blob space to Ethereum layer one. This upgrade significantly lowered transaction fees on layer 2 solutions utilizing this feature. Transactions on layer 2 platforms like ZKSync, Arbitrum, Optimism, and Zora saw drastic reductions in fees, some dropping from dollars to mere cents. This upgrade acted as a catalyst for layer 2 projects to optimize gas fees and increase transaction throughput, ushering in a new era of scalability and efficiency.

1.

Introduction

2min

2.

Crypto Price Movements, Ethereum ETF Debate, and Solana Developments

5min

3.

Topics on Plants, Chair, and PrimeStake Restaking Protocol

2min

4.

Bitcoin, Litecoin, and Ethereum Price Analysis

8min

5.

Layer Two Performance and Retail Interest in Meme Coins

2min

6.

Exploring Meme Coins, Crypto Projects, and ETF Approvals

15min

7.

Exploring the Innovative Use of Blobs in Crypto Platforms

4min

8.

Enhancing Ethereum Efficiency with Blobs Space

19min

9.

Innovations in Layer Two Solutions and Sponsorship Highlights

5min

10.

Innovations in Blockchain Technology and MEV Challenges

13min

11.

Playful Car Conversation about Naming Children and Bitcoin Investing

3min

Bankless Weekly Rollup 2nd Week of March, 2024

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🔗CELO | CEL2 COMING SOON https://bankless.cc/Celo

🗣️TOKU | CRYPTO EMPLOYMENT SOLUTION https://bankless.cc/toku

🛞MANTLE | MODULAR LAYER 2 NETWORK https://bankless.cc/Mantle

⚖️ARBITRUM | SCALING ETHEREUM ⁠https://bankless.cc/Arbitrum

------

TIMESTAMPS & RESOURCES

0:00 Intro

7:48 Markets 9:00 Bitcoin’s market cap surpassed Silver this week https://companiesmarketcap.com/assets-by-market-cap/ https://twitter.com/robustus/status/1767164377969340419 https://l2beat.com/scaling/data-availability

18:09 Movers of the Week - Memecoins? https://twitter.com/econoar/status/1767170724446552159 https://twitter.com/blknoiz06/status/1766680047547494658 https://twitter.com/FTI_DA/status/1767969299350610040 https://x.com/RyanSAdams/status/1766827037149343951

26:40 U.S. CPI rose faster than expected last month https://www.cnbc.com/2024/03/12/cpi-inflation-report-february-2024-.html 26:58 Why are DeFi rates so high? https://twitter.com/ErikVoorhees/status/1766326070545162321 https://twitter.com/haydenzadams/status/1766669255100055866 https://twitter.com/ethena_labs/status/1768023077932380257

29:33 ETF Watch! https://dune.com/hildobby/btc-etfs https://dune.com/queries/3382000/5674971 https://twitter.com/zerohedge/status/1768022702294470855 https://twitter.com/JSeyff/status/1767206535879389332 https://twitter.com/jchervinsky/status/1767175990285857006 https://x.com/jchervinsky/status/1767187618876305628 https://x.com/orb_land/status/1767278815791722629

38:28 Blobs arrived to Mainnet, L2 Fees plummet! https://x.com/parithosh_j/status/1767973626987606190 https://x.com/RyanSAdams/status/1767913396777767361 https://twitter.com/sproule_/status/1767960271853686879 https://twitter.com/zksync/status/1767983026443579448 https://twitter.com/argenthq/status/1767917028013224370 https://x.com/Optimism/status/1768090982862803203 https://twitter.com/liamihorne/status/1768068293787615288 https://x.com/brian_armstrong/status/1768091017021116562 https://twitter.com/jessepollak/status/1768071129854562698 https://x.com/TrustlessState/status/1768074308482400556 https://x.com/js_horne/status/1768075186824163698 https://fees-growthepie.streamlit.app/ https://x.com/arbitrum/status/1767912321618505954 https://dune.com/0xRob/blobs https://twitter.com/liamihorne/status/1767962414312521844 https://x.com/lightclients/status/1767957828969349148 https://x.com/TrustlessState/status/1768243873430552801 https://x.com/TrustlessState/status/1762589707756548566

1:01:59 Swell announced their Restaked Rollup https://twitter.com/swellnetworkio/status/1767889656451047505

1:03:00 Tensor introduced the TNSR token https://twitter.com/TensorFdn/status/1767616700609171508

1:03:25 Jito is getting rid of Mempool?! https://twitter.com/jito_labs/status/1766228889888514501 https://www.coindesk.com/business/2024/03/08/solana-client-developer-jito-announces-end-of-mempool-function/ https://twitter.com/smyyguy/status/1766234020076011865 https://twitter.com/jon_charb/status/1765923336138211353

1:08:59 Saylor has no chill https://x.com/MEMECOETH/status/1767690213877252485

1:10:18 Raises and BVC Investments https://twitter.com/EclipseFND/status/1767212277285969979 https://twitter.com/clique2046/status/1768277734113907127

1:12:27 David demo signing up for it while RSA highlights https://open.spotify.com/show/1y0zqrWsFxmCYcTnV7ExUn We recently celebrated 4 years https://x.com/RyanSAdams/status/1768269073354231826

1:14:22 MEME of the Week Name kids after what you love https://x.com/abbeyjazzy/status/1767890031824216551

1:15:27 Moment of Zen https://www.youtube.com/watch?v=B5if2hthPCs

------ Not financial or tax advice. See our investment disclosures here: https://www.bankless.com/disclosures ⁠

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