Crypto News

Ethereum Rollups Will Be 5X Cheaper, Meet EIP4488!

While the debate rages on around increasing block sizes and reducing block times to provide a band-aid level urgent fix for L1 scaling, Ethereum developers are considering more medium to long-term solutions. Ethereum rollups are the standard when it comes to L2 scaling solutions. Now it appears that they are about to 5 times cheaper, thanks to a new Ethereum Improvement Proposal EIP-4488 penned by the cofounder Vitalik Buterin himself along with Ansgar Dietrichs – research and development engineer at ConsenSys on Nov 23.