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On March 13, 2024, at 7:25:35 PM, Ethereum block number 19426587 was published. This block marked the first appearance of the blob_gas_used and excess_blob_gas keys in block headers, indicating that EIP-4844 was now in action.

screenshot of first block with EIP-4844 showing header extension queried using ethRPCtoREST

Impact Analysis

What was going to be changed from then, can be answered best by those who were most excited about it, who were already waiting for it and literally jumped on making use of it.

Daily Blob Transaction volume

  • So Starknet and zkSync-era were the early adopters.
  • Base, Arbitrum and Optimism followed it and represented the majority.
  • Linea and Scroll were laggards, becoming significantly visible after 17 days (April 1st) and 46 days (April 29th), respectively.

Top Blob Submitters

Blob submitters vs Total blob transactions graph

Here are the addresses of the top blob submitters, ranked by the number of blob transactions submitted:

Blob submitters addresses Name (from etherscan)
0x5050f69a9786f081509234f1a7f4684b5e5b76c9 Base: Batch sender
0xc1b634853cb333d3ad8663715b08f41a3aec47cc Arbitrum: Batch submitter
0x6887246668a3b87f54deb3b94ba47a6f63f32985 Optimism: Batcher
0xa9268341831efa4937537bc3e9eb36dbece83c7e Linea (probably, unidentified on etherscan)
0xcf2898225ed05be911d3709d9417e86e0b4cfc8f Scroll: Batch committer
0x0d3250c3d5facb74ac15834096397a3ef790ec99 zkSync era: Batcher
0x2c169dfe5fbba12957bdd0ba47d9cedbfe260ca7 Starknet: Operator
0x625726c858dbf78c0125436c943bf4b4be9d9033 -
0x99199a22125034c808ff20f377d91187e8050f2e -
0xc70ae19b5feaa5c19f576e621d2bad9771864fe2 -

Gas Fee Reduction

Average gas fee before and after dencun upgrade

So, how did it affected rollups? How much reduction in transaction prices it caused effectively?

Average is calculated for two months before dencun upgrade and two months after upgrade -
Before = 13th January 2024 - 12th March 2024 and
After = 14th March 2024 - 13th May 2024

Arbitrum

Arbitrum

Optimism

Optimism

Base

Base

zkRollups

zkSync

scroll

Percentage Change in Average Gas Fee

Name Before After % change
Arbitrum 0.318 0.035 -88.9937 %
Optimism 0.549 0.092 -83.2423 %
zkSync 0.219 0.042 -80.8219 %
Base 0.467 0.225 -51.8201 %
Scroll 1.017 0.714 -29.7935 %

Arbitrum shows the biggest drop in gas fee spent per transaction.

Average Normal gas vs Blob gas used per transaction

Daily average gas_used and blob_gas_used

There is a downward trend observed from the end of March and beginning of April in average number of blob gas used on daily basis which seems random but can be completely justified looking at average blob gas price during the same period.

Average blob_gas_price and gas_price

Transaction count before and after eip4844

Acknowledgement : Following 4 charts are taken from Dencun Dashboard by @obchakevich_analytics.

Transactions count on Base

Transactions count on Arbitrum

Transactions count on Optimism

Transactions count on zkSync

Above visualizations confirm that decreased gas fee has positively impacted user engagement and rollups adoption i.e., eip-4844 turns out to be a successful step towards economical scalability.