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The Superchain by Optimism is a horizontally scalable system that involves multiple blockchains working together. Unlike traditional designs, this system allows for parallel running of blockchains, thereby increasing efficiency. By utilizing Layer 2 technology, Superchain creates a secure multi-chain ecosystem where resources can be exchanged seamlessly. This decentralized platform ensures standardization and eliminates the need for building new validator sets or producers for each chain. Superchain competes with other ecosystems like Cosmos, Avalanche, and Polkadot by offering a unified technology stack and communication capabilities across its OP Chains. Developers can easily create cross-chain applications that are compatible with the entire Superchain network.
The Optimism Foundation envisions a decentralized web by expanding the blockchain ecosystem, replacing centralized entities with permissionless protocols. The superchain by Optimism is truly scalable and horizontal, requiring multiple blockchains to participate. Synchronizing a blockchain's hardware requirement increases with its computational tasks, necessitating parallel operation for horizontal scalability. However, traditional designs have limitations, as each chain introduces a new security model, heightening systemic risk. Developing new chains is costly due to building validator sets or new block producers. By utilizing Layer 2 to create a multi-chain ecosystem, resources can be exchanged as commodities, allowing developers to build cross-chain applications without concerns of systemic risks.
Each execution shard is capable of supporting the execution of different programs within a specific environment. However, in light of limitations and risks, Ethereum developers have opted to focus on data sharding as a solution to scaling Rollups through the use of "blobs". Data blobs are unique in that they are managed, stored, and validated by consensus nodes independently of execution nodes. This means that EVM is unable to interact with or store data within blobs, making Rollups the primary beneficiary of this enhancement. Data storage is measured in integer units of blobs, with each blob equivalent to 128 kB. The cost of utilizing blob resources will be determined by market supply and demand, with a standard allocation of 3 blobs per block (equal to 384 kB). Prices will increase by 12.5% for each additional blob used beyond 3, and decrease by 12.5% if the number of blobs used is 3 or fewer.
Some Layer 2 solutions like Scroll, Linea, Polygon zkEVM have yet to be upgraded, resulting in higher transaction fees compared to other Layer 2s. The Dencun update and the introduction of blob have helped ease the burden on the Ethereum network, ensuring decentralization and security. Following the successful deployment of the upgraded Dencun version, many Layer 2s have swiftly rolled out updates. Projects like zkSync, Starknet, Arbitrum, Base, and Optimism have seen decreased transaction fees due to lower data storage costs. Transaction fees for regular activities have remained the same, while blob transactions utilize gas fee markets.
@cyrustequila The Blob is a new data type for temporary storage in Ethereum, ideal for applications like Rollup that require efficient data handling at a low cost.
@cyrustequila Blob is a specialized data type for temporary storage in Ethereum apps like Rollup, providing faster throughput for processing transactions and improving overall efficiency.
Blob is a unique tool for Ethereum applications, especially Rollup, offering temporary data storage. Previously, Ethereum focused on execution sharding but shifted to data sharding for Rollups due to limitations. Data blobs, verified by consensus nodes, help expand Rollups without burdening EVM.
@sweet_love24 Layer 2 quickly deployed the upgraded version of Dencun. The update was successful, prompting the immediate rollout of the update to other projects.
@Foreverysecond Unupgraded Layer 2 solutions like Scroll, Linea, and Polygon zkEVM are experiencing higher transaction fees compared to their upgraded counterparts.
@ravs800001 Layer 2 quickly updated their platforms like zkSync, Starknet, Arbitrum, Base after the successful deployment of Dencun upgraded version, enhancing scalability and performance for users.
@maria25311 Layer 2 quickly implemented the new version of Dencun after a successful deployment, ensuring their systems are up-to-date and running efficiently.
@federico_loquis Layer 2 solutions like Scroll, Linea, and Polygon zkEVM need to be updated to reduce transaction fees and improve scalability for users.