Ethereum (ETH) Fees Might Drop by 100x as EIP 4844 Upgrade 'Considered for Inclusion'

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Ethereum (ETH) Fees Might Drop by 100x as EIP 4844 Upgrade 'Considered for Inclusion'
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Ethereum $ETH L2 fees might drop by 100x as EIP4844 is now 'considered for implementation' w/ TimBeiko

This step highlights developers' commitment to accelerate the implemenation of this proposal. EIP 4844 or Proto-danksharding is part of Ethereum's rollup-centric scaling roadmap.

It reconsiders the data logistics on Ethereum's second-layer scaling solutions with roll-ups to make its usage 10-100x cheaper. Also, as it streamlines data processes, the implementation of Proto-danksharding is set to advance the throughput of Ethereum mainnet.Meanwhile, Ethereum developers did not come to an agreement about the exact timeline of EIP 4844 implemenation. This part of its roadmap will be discussed during upcoming ACD calls.

Also, a crucial step was taken toward the activation of a withdrawal mechanism from Ethereum on the PoS staking contract. As of now, this instrument is being stress tested in devnets. Ethereum developer Marius van der Wijden shared that another important proposal, EIP 4758, might be implemented soon. It removes the Selfdestruct function from Ethereum's tech design.PLEASE DON'T USE SELFDESTRUCT IN NEW CONTRACTS MOVING FORWARD!

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