Vitalik: 'Blob Expansion, Ethereum (ETH) Core Development Upgrade Priority'

Source
JH Kim

Summary

  • Vitalik Buterin emphasized Blob expansion as an important upgrade priority in Ethereum core development.
  • Blob was mentioned as a new transaction type aiming to improve transaction processing speed and reduce transaction costs.
  • The current ETH price is trading at $3,284.48 on the Binance USDT market, down 4.02% from the previous day.

Vitalik Buterin, the founder of Ethereum (ETH), stated on the 8th (local time) via his X (formerly Twitter) that priorities need to be set for Ethereum core development upgrades.

He explained, "For example, if we have to choose between increasing the Blob (a new transaction type introduced to improve transaction processing speed and reduce transaction costs) target from 3 to 6 and other improvements of Pectra, I think Blob should be prioritized."

Meanwhile, ETH is trading at $3,284.48, down 4.02% from the previous day, based on the Binance Tether (USDT) market at 03:47 on the 9th.

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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