Decrypt: Pectra's Ethereum impact

Ethereum's Pectra upgrade has dramatically reduced transaction costs on the network. The most significant change involves "blobs" - data storage units that help layer-2 networks operate more efficiently.

In the Decrypt article "How Ethereum Is Faring Since Its Major Pectra Upgrade" Ulyana Skladchikova, head of product, described Pectra's influence on scalability.

"The near-zero cost of blobs has been a major unlock for Ethereum scalability," she explained, making it "more cost-efficient for layer-2s to post data and enable high-throughput, low-cost rollups to flourish."