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

Source
JH Kim
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  • 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.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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