What does EIP 4844 mean for Ethereum rollups?

The Dencun hard fork, which is anticipated to launch in March 2024, will see multiple Ethereum Improvement Proposals (EIPs) go live on the Ethereum mainnet.

Among them, EIP-4844, also known as proto-danksharding, has been gaining particular interest.

In today’s Ethereum ecosystem, layer-2 scaling solutions like rollups play a crucial role in improving transaction throughput and reducing costs. These rollups “inherit” security from Ethereum by having the execution layer nodes store a temporary copy of the network’s ledger and history. This process allows for the verification of transaction accuracy.

Read more: Rollups saved Ethereum users a boatload of gas fees: Report


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