Vitalik Buterin praised Starknet for more efficient blob usage, aiding in reducing Ethereum's costs.
Optimization of Blob Usage
Vitalik Buterin highlighted Starknet, a leading L2 solution, for improving gas efficiency for blobs. He believes Ethereum can boost its blob capacity but networks should aim for more efficient usage.
Blob Economy and Competition
Buterin's statement comes amid increased blob usage, with some blocks filled to max capacity. Starknet spends just $970 to rent Ethereum, while Base spent $18.41K. Even with such costs, Starknet is not the best example of a blob economy, maintaining about 10K active addresses.
Impact on Ethereum and Market
According to Buterin, the current situation pushes L2 to find ways to lower fees. However, Ethereum critics believe the main blockchain should try to scale similarly to Solana. An ongoing issue is Ethereum's price lagging below $3,200 despite Bitcoin's highs.
Optimizing blob usage becomes crucial for Ethereum and L2 networks, especially in a growing market and competition. Buterin's viewpoint might set a direction for future solutions.
