Predictions and Preparations for Ethereum Upgrade 4844

By Scroll
Mar 14, 2024, 5:03 PM
twitter

A prediction about Ethereum 4844 suggests Blob will be cheaper than calldata on mainnet.​ Users urged to be cautious with L2 upgrades, conduct audits and have backup plans.​ Scroll has prepared for the upgrade to reduce fees, maintain security.​ Concern raised about projects launching without audits, testnets or proper security measures in the current bullish market.​

Sources

My slightly controversial prediction about 4844: 1) Blob will be 3-5x cheaper than calldata (the number comes from Goerli testnet), Polymarket doesn鈥檛 have big enough counter party. Hopefully, there won鈥檛 be blob-inscription to further compete with Rollups 馃槀 2) It鈥檚 super

vitalik.eth
vitalik.eth
@VitalikButerin

Polymarket is predicting that blobs (~125 kB) will cost ~0.001 ETH. Today, 125 kB calldata costs ~30 gwei per gas * 16 gas per byte * 125000 gas ~= 0.06 ETH And if you think polymarket's guess that blobs will be 60x cheaper is over-optimistic, you can use the market to hedge!

Image
166
Reply
Read more about Scroll

Stablecoins for Loan Payments: A New Financial Frontier

**Innovative loan payment strategies using stablecoins** are emerging in the DeFi space. @CupOJoseph from @NeriteOrg discusses how users can maximize compound interest by: - Depositing funds in high-yield vaults (up to 10% APY) - Streaming earned interest directly to loan payments - Automating debt reduction through yield optimization This represents a significant evolution from traditional stablecoin models, which historically faced challenges with negative interest rates in traditional banking systems. *Learn more in the latest Stable School podcast.*

HoneyPop DEX Launches on Scroll with Liquidity Incentives

HoneyPop, a new decentralized exchange, has launched on the Scroll network. The platform offers: - Token swapping functionality - Liquidity pool exploration - Up to 6x multiplier rewards on Scroll Marks for liquidity providers Users can participate in selected liquidity pools to earn enhanced rewards. The launch follows the earlier introduction of Syrup Pool staking features. *To get started, connect your wallet and explore available pools at HoneyPop.*

Curve Finance Introduces Enhanced Liquidation Protection

Curve Finance is implementing new liquidation mechanics to better protect user collateral during market volatility. The update aims to reduce the risk of unnecessary liquidations and provide more stability for borrowers. Key features: - Improved liquidation threshold calculations - Enhanced collateral protection mechanisms - More resilient during market turbulence This development follows industry trends toward safer DeFi lending, similar to SmartCredit.io's recent implementation of liquidation probability tracking and preventive collateral adjustment features.

Stablecoins at a Crossroads: Centralized vs Decentralized Paths

The stablecoin ecosystem is evolving along two distinct trajectories: - **Centralized Path**: Stablecoins backed by traditional bank-held collateral - **Decentralized Path**: Fully autonomous, blockchain-based collateralization Industry experts @svobodamichael from Liquity Protocol and @mariamagenes1 discuss these diverging approaches in our latest podcast. This follows recent insights from Triton, highlighting how stablecoins have evolved from ideological debates to practical yield optimization and collateral strategies. Listen to the full discussion to understand which path might dominate or if both models will coexist in the future ecosystem.

Payment Infrastructure Fundamentals and the Future of Stablecoins

**Key requirements for robust payment infrastructure:** - Fast and definitive transaction finality - Low, predictable fees enabling micropayments - Mathematical security guarantees - Scalable throughput - Open access architecture **Stablecoins and payment applications require:** - Cost-effective transaction processing - Ethereum-level security without high fees - Seamless contract deployment - Enterprise-grade reliability Scroll is developing infrastructure to meet these demands, focusing on ZK security and settlement certainty. The platform aims to support the growing Open Economy while maintaining performance as adoption increases. *The future of payments requires infrastructure that doesn't just work today, but scales effectively with increased usage.*