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coinpedia 2024-03-14 12:29:31

Layer 2 Blockchain Solutions Cost Drop Amidst Ethereum’s Dencun Upgrade

The post Layer 2 Blockchain Solutions Cost Drop Amidst Ethereum’s Dencun Upgrade appeared first on Coinpedia Fintech News Ethereum’s Dencun upgrade went live on Wednesday, introducing a mechanism to reduce costs of transactions on layer 2 solutions. The upgrade allows storing data in “blobs” instead of the expensive call data.The average cost of layer 2 solutions- Optimism has dropped to nearly 4 cents, Coinbase’s layer 2 solution fell to 3 cents, while Arbitrum …

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