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How Ethereum Is Faring Since Its Major Pectra Upgrade

Not only has ETH's price surged, but Ethereum's Pectra upgrade has made a sizable impact on the network ecosystem. Here's how.

A month after the Pectra upgrade, key indicators on Ethereum have begun to reveal the promise and pitfalls of the network's most ambitious technical overhaul since the 2022 "merge."

One of the major features that the Pectra upgrade brought was expanding the Ethereum blockchain's capacity for handling "blobs," which are units of "ephemeral data storage," helping keep larger amounts of it on the consensus layer, according to a definition from the Protocol developer team.

A blob is a dedicated data structure that can store larger amounts of data. More blobs means transactions, layer-2 networks, and rollup operations could get even cheaper.

How Ethereum Is Faring Since Its Major Pectra Upgrade

Not only has ETH's price surged, but Ethereum's Pectra upgrade has made a sizable impact on the network ecosystem. Here's how.

A month after the Pectra upgrade, key indicators on Ethereum have begun to reveal the promise and pitfalls of the network's most ambitious technical overhaul since the 2022 "merge."

One of the major features that the Pectra upgrade brought was expanding the Ethereum blockchain's capacity for handling "blobs," which are units of "ephemeral data storage," helping keep larger amounts of it on the consensus layer, according to a definition from the Protocol developer team.

A blob is a dedicated data structure that can store larger amounts of data. More blobs means transactions, layer-2 networks, and rollup operations could get even cheaper.

https://decrypt.co/323998/how-ethereum-faring-since-major-pectra-upgrade