What is Proto-Danksharding?

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The Blockchain Guy

The Blockchain Guy

Жыл бұрын

EIP 4844, also known as Proto-Danksharding, is an ethereum improvement proposal that is set to take place sometime within the next year. It will establish data blobs, blob carrying transactions, multi-dimensional fee markets, and KZG commitments in preparation for full Danksharding. This video is a quick overview of everything that will be included in EIP 4844.
More good stuff: / vander_meiden

Пікірлер: 34
@BriansCryptoJourney
@BriansCryptoJourney 4 ай бұрын
The Dencun upgrade is what ETH needed. Now the Layer II's will benefit tremendously. This will be exciting for L2/L3 solutions like Loopring. Especially as Vitalik supports loopring and its fundamentals.
@The1U22
@The1U22 10 ай бұрын
This was exactly what I was looking for, amazing video
@willd4686
@willd4686 Жыл бұрын
Great video! Need more resources like this 😊
@neq442
@neq442 Жыл бұрын
Very well explained
@DGGardenes
@DGGardenes Жыл бұрын
Well explained!!
@VarounsVlogs
@VarounsVlogs Жыл бұрын
this was a pretty awesome video, great explanation
@TheBlockchainGuy
@TheBlockchainGuy Жыл бұрын
Glad it helped!
@cryptoman206
@cryptoman206 10 ай бұрын
Danksharding doesn’t decrease tx fees its sole purpose is to make l2s settling tx on l1 cheaper. A simple swap on a dex will b the same depending on demand. Danksharding doesn’t change the shit UX when demand is high
@gxwmfc
@gxwmfc 5 ай бұрын
please make more videos like this on the more popular cryptos like chainlink, avalanche, solana, etc! very helpful.. subscribed!
@_.xxx1234._
@_.xxx1234._ Жыл бұрын
Great video thanks! Super bullish on eth even more now!
@TheBlockchainGuy
@TheBlockchainGuy Жыл бұрын
Thanks! Me too, so many good things happening! (not financial advice haha)
@joaogalhardo6180
@joaogalhardo6180 Жыл бұрын
Where did you get the data for the pie chart of L2 costs (mentioning more than 90% of costs go to L1 CALLDATA fees
@sayandcode
@sayandcode 6 ай бұрын
Nice channel
@jeremyblanchard4379
@jeremyblanchard4379 6 ай бұрын
Great video! 2:54 I think the "proto" in proto-danksharding instead signifies that this is a preliminary or initial version of the danksharding feature.
@samvimes
@samvimes Жыл бұрын
Thank you
@dexterous187
@dexterous187 Жыл бұрын
What about reducing txs fees on Ethereum?
@TheBlockchainGuy
@TheBlockchainGuy Жыл бұрын
The only reason transaction feeds would be reduced from eip-4844 as far as I understand is that L2s would no longer be competing for blockspace. However is an important step in full sharding which WILL reduce fees be an order of magnitude on ethereum mainnet
@wapane7721
@wapane7721 Жыл бұрын
Danksharding is concerned less with reducing transaction fees on the Ethereum mainnet and more on providing more data for rollups so that there is enough space for many to exist at once and all post their transactions to the mainnet for cheap. Eth's new roadmap is now a lot more rollup focused which unfortunately means mainnet fees will remain more or less the same for the foreseeable future. The idea is that in the future most transactions will take place on Layer 2 networks anyways so mainnet fees shouldn't really matter.
@jonathanshiff562
@jonathanshiff562 8 ай бұрын
Defi companies won’t use L2’s.
@alewa808
@alewa808 5 ай бұрын
Why do they make layer2 fees cheaper? Layer1 fees is the problem... They should make the layer1 fees cheaper instead of layer2 fees?
@jonathanshiff562
@jonathanshiff562 8 ай бұрын
This was proposed in 2018. Still waiting.
@cngz3.3
@cngz3.3 4 ай бұрын
order of magnitude:)
@jackinlee6768
@jackinlee6768 5 ай бұрын
the video was in order of magnitude
@nickb3968
@nickb3968 Жыл бұрын
Can you do a show on what happens if Tethercoin goes the way of FTX and it's impact on the crypto market?
@TheBlockchainGuy
@TheBlockchainGuy Жыл бұрын
I like the idea of a video like this but it might be a little bit before I make it. As of right now, it seems like Tether isn't facing any immediate threats. But that could change and if things start to get dicy again I'll def make one!
@nickb3968
@nickb3968 Жыл бұрын
@@TheBlockchainGuy they admitted in their NY fine settlement they don't have 1 to 1 USD....
@lukedays
@lukedays Жыл бұрын
Eth is really at its baby stages. I just hope they don’t fuck everything.
@themistoclesofathens4178
@themistoclesofathens4178 Жыл бұрын
everything about this seems a bad idea, I think ETH is running into a dead end
@TheBlockchainGuy
@TheBlockchainGuy Жыл бұрын
Agree to disagree, I feel the opposite!
@abi.hockeycop
@abi.hockeycop Жыл бұрын
If you don't trust Eth then stay in your BTC relm.
@themistoclesofathens4178
@themistoclesofathens4178 Жыл бұрын
@@abi.hockeycop >implying only BTC is PoW there are modern iterations frendo, and I am not staying contained anywhere, I adopt the broader view so I can back the winning horse and change my bets accordingly
@jonathanshiff562
@jonathanshiff562 8 ай бұрын
Why devote resources to making L2’s cheaper when L1 fees are $7??? Ethereum leadership sucks.
@thedude5599
@thedude5599 5 ай бұрын
i moved 297 000 USD worth of ETH on the main net last week and it cost 1.83 not 7
@markus_EU_AT
@markus_EU_AT 6 ай бұрын
That useless video does not explain proto danksharding even remotely. #clickbait
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