Reading Time: 2 minutes
An Ethereum developer has put the whole script of the Bee Movie on the blockchain and paid $14 for the action
The developer said that he wanted to showcase the low transaction costs brought about by the recent Dencun upgrade
He conducted the upload 13 minutes after the upgrade went live on March 13
Ethereum developer Dan Cline has moved to showcase that the promises made by the recent Ethereum upgrade are true by uploading a full Bee Movie script for only $14. Cline conducted the upload a few minutes after the upgrade went live on March 13. Known as Dencun, the upgrade had been in testing for some months and promises to lower the costs of transacting Ethereum on layer 2s, a promise that has been well received by the crypto community.
The First Bee Movie Script on Ethereum
In an X post, Cline said he was the first to get “the first Bee Movie on mainnet.” He also revealed that he interacted with data blobs when uploading the script. According to on-chain data, the script was embedded on the blockchain at 2:08 PM UTC.
Blob morning!
I didn’t get the first blob, but as far as I can tell I DID get the first BEE MOVIE on mainnet
Also used:
* mcopy
* tstore
* tload
* blobbasefeehttps://t.co/eYDeSIGOmv https://t.co/a55qXmuECr pic.twitter.com/iS81ZukWtQ
— Dan Cline (@Rjected) March 13, 2024
The upgrade’s major feature is proto-danksharding, a function meant to lower transaction costs for entities using Ethereum scaling layers like Optimism, Arbitrum and Polygon. The upgrade also brings with it data blobs that temporarily store data and are “the first milestone towards full Ethereum sharding.”
At @EthereumDenver we hacked together a full data-blob-transaction prototype! (a.k.a. mini-danksharding)
Data blobs are the first milestone towards full ethereum sharding, enabling rollups like @optimismPBC to grow 100x in capacity.
Here’s a tweet thread about the prototype 🧵
— proto.eth (@protolambda) February 20, 2022
The script will however not live on the chain forever since the blobs expire after less than two weeks. According to Consensys, “after the expiry, the specific data within the blob will no longer be retrievable.”
He’s Not the Only One
Although Cline was the first, he wasn’t the only one to upload the script. A16z’s Mason Hall also did the same and paid $5.
Just posted the entire Bee Movie script to Ethereum for $5.
We love the blobs pic.twitter.com/3HOvA5hWlx
— Mason Hall (@0xMasonH) March 13, 2024
Dencun’s arrival comes as Ethereum co-founder Vitalik Buterin is exploring more ways to improve the network’s scalability. He has, for example, proposed to increase the Ethereum gas limit and to make the blockchain lighter.
With Dencun now live, it’s to be seen whether it’ll fully live up to its promises once more layer 2s embrace data blobs.
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : FullCrypto – https://fullycrypto.com/bee-movie-script-uploaded-to-ethereum-through-blobs?utm_source=rss&utm_medium=rss&utm_campaign=bee-movie-script-uploaded-to-ethereum-through-blobs
