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🧠 Ethereum Foundation Talks Blob Fee Mechanism! 🚀 In the latest Ethereum AMA, researcher Davide Crapis shared that the target for blob fees won’t be lowered. The current setup is meant to price congestion, so low prices during low congestion are acceptable. He suggested tweaks to improve price discovery, like minor fee adjustments. Dankrad Feist also chimed in, noting that Ethereum is creating a new DA market with competitors like Celestia and Avail focusing on price. While blob fees won’t drastically affect protocol revenue, scaling efforts are crucial. Feist questions if blob fees are the ultimate value capture for Ethereum. Stay tuned as Ethereum evolves! 💡 ❤️ Like 🫂 Follow 🗳 Share #BlobFees #CryptoInnovation #Binance #Scaling #DataAvailability
🧠 Ethereum Foundation Talks Blob Fee Mechanism! 🚀

In the latest Ethereum AMA, researcher Davide Crapis shared that the target for blob fees won’t be lowered. The current setup is meant to price congestion, so low prices during low congestion are acceptable. He suggested tweaks to improve price discovery, like minor fee adjustments.

Dankrad Feist also chimed in, noting that Ethereum is creating a new DA market with competitors like Celestia and Avail focusing on price. While blob fees won’t drastically affect protocol revenue, scaling efforts are crucial. Feist questions if blob fees are the ultimate value capture for Ethereum.

Stay tuned as Ethereum evolves! 💡

❤️ Like 🫂 Follow 🗳 Share
#BlobFees #CryptoInnovation #Binance #Scaling #DataAvailability
What exactly is meant by the term "Data Availability"?Blockchain technology offers trustless, unchangeable data exchanges, but discovering and verifying blockchain data is difficult. This article discusses data availability, its importance, issues, and solutions. Data Availability: What Is It? For blockchain networks to function, data availability is crucial so that all users can access and validate the data recorded on the network. Information about the ledger's current state, blocks, and transactions are all part of this. There are a number of established methods for ensuring data availability. The Data Availability Committees (DAC), Data Availability Layers (DAL), and Data Availability Sampling (DAS) are among the most often used data availability mechanisms. Data Availability Layers On-chain or off-chain data availability layers (DALs) are specialized storage solutions. Data availability is separated from other blockchain processes like transaction execution. Data sharding and erasure coding (EC) improve data accessibility in DALs. Data sharding divides databases into smaller pieces for storage and processing. Erasure coding partitions data and offers redundancy for recovery. These methods can recreate full data even if sections are destroyed or unavailable. Data Availability Sampling Blockchains use data availability sampling to ensure all nodes may obtain the essential data without downloading and verifying the complete dataset. This method lets low-resource nodes validate transactions and maintain network integrity. Divide the blockchain data into smaller parts. Some chunks can be randomly selected by nodes instead of the complete dataset. This decreases node workload because they only handle a portion of the data. Some data chunks are verified by nodes to probabilistically validate the complete dataset. Probabilistic verification assumes that if the sampled chunks are available, the remainder of the data is too. Data Availability Committees Blockchain networks have a data availability committee (DAC) comprising trusted nodes. DACs’ main job is to ensure that transactions and state changes are properly recorded and accessible to network participants. Decentralized voting selects DAC members to reduce single points of failure and centralization problems. In Layer 2 scaling solutions like rollups, DACs control off-chain computing data. DACs help assure data availability across shards in sharded blockchains. Data Availability and Its Critical Role In order for nodes to validate new blocks and transactions, data availability is critical in many parts of the block verification process. 1. Block propagation. The entire network is notified whenever a new block is formed. All nodes must be able to access this block in order for block verification to work. 2. Verifying transactions. At this stage, we verify that each transaction in the block follows the rules of the network. Nodes cannot execute these validations properly unless they have access to full transaction data. 3. Verification of block headers. In order to ensure that the new block properly refers and connects to the prior block, data availability is crucial. Nodes can then verify its chain-addability in this way. 4. Consensus mechanism compliance. By using a consensus mechanism like Proof of Work (PoW) or Proof of Stake (PoS), nodes verify that the block follows the rules of the blockchain. For this verification to work, certain block details like hash and difficulty must be readily available. Concerns Regarding the Availability of Data Problems with interoperability Different blockchain networks are coming up with their own methods to make data available as the technology behind blockchain continues to advance constantly. In spite of the fact that this has the potential to encourage innovation, it may also give rise to difficulties concerning cross-chain activities, which refer to the manner in which several blockchain systems interact with one another. The trade-off between scalability and security It is possible that increasing the availability of data will result in decreased security, but it may also improve scalability. Prior to the installation of data availability solutions, it is essential to take into consideration the various implications that these solutions may have. In addition, the blockchain trilemma describes the traditional trade-off that must be made between scalability and security capabilities. #Blockchain #DataAvailability -- Disclaimer: The information provided herein is offered "as is" for illustrative and informational purposes only, with no representation or warranty whatsoever. This information is not intended to vouch for financial, legal, or other professional advice, nor does it endorse the purchase of any particular product or service.

What exactly is meant by the term "Data Availability"?

Blockchain technology offers trustless, unchangeable data exchanges, but discovering and verifying blockchain data is difficult. This article discusses data availability, its importance, issues, and solutions.
Data Availability: What Is It?
For blockchain networks to function, data availability is crucial so that all users can access and validate the data recorded on the network. Information about the ledger's current state, blocks, and transactions are all part of this.
There are a number of established methods for ensuring data availability. The Data Availability Committees (DAC), Data Availability Layers (DAL), and Data Availability Sampling (DAS) are among the most often used data availability mechanisms.
Data Availability Layers
On-chain or off-chain data availability layers (DALs) are specialized storage solutions. Data availability is separated from other blockchain processes like transaction execution.
Data sharding and erasure coding (EC) improve data accessibility in DALs. Data sharding divides databases into smaller pieces for storage and processing. Erasure coding partitions data and offers redundancy for recovery. These methods can recreate full data even if sections are destroyed or unavailable.
Data Availability Sampling
Blockchains use data availability sampling to ensure all nodes may obtain the essential data without downloading and verifying the complete dataset. This method lets low-resource nodes validate transactions and maintain network integrity.
Divide the blockchain data into smaller parts. Some chunks can be randomly selected by nodes instead of the complete dataset. This decreases node workload because they only handle a portion of the data.
Some data chunks are verified by nodes to probabilistically validate the complete dataset. Probabilistic verification assumes that if the sampled chunks are available, the remainder of the data is too.
Data Availability Committees
Blockchain networks have a data availability committee (DAC) comprising trusted nodes. DACs’ main job is to ensure that transactions and state changes are properly recorded and accessible to network participants. Decentralized voting selects DAC members to reduce single points of failure and centralization problems.
In Layer 2 scaling solutions like rollups, DACs control off-chain computing data. DACs help assure data availability across shards in sharded blockchains.
Data Availability and Its Critical Role
In order for nodes to validate new blocks and transactions, data availability is critical in many parts of the block verification process.
1. Block propagation. The entire network is notified whenever a new block is formed. All nodes must be able to access this block in order for block verification to work.
2. Verifying transactions. At this stage, we verify that each transaction in the block follows the rules of the network. Nodes cannot execute these validations properly unless they have access to full transaction data.
3. Verification of block headers. In order to ensure that the new block properly refers and connects to the prior block, data availability is crucial. Nodes can then verify its chain-addability in this way.
4. Consensus mechanism compliance. By using a consensus mechanism like Proof of Work (PoW) or Proof of Stake (PoS), nodes verify that the block follows the rules of the blockchain. For this verification to work, certain block details like hash and difficulty must be readily available.
Concerns Regarding the Availability of Data
Problems with interoperability
Different blockchain networks are coming up with their own methods to make data available as the technology behind blockchain continues to advance constantly. In spite of the fact that this has the potential to encourage innovation, it may also give rise to difficulties concerning cross-chain activities, which refer to the manner in which several blockchain systems interact with one another.
The trade-off between scalability and security
It is possible that increasing the availability of data will result in decreased security, but it may also improve scalability. Prior to the installation of data availability solutions, it is essential to take into consideration the various implications that these solutions may have. In addition, the blockchain trilemma describes the traditional trade-off that must be made between scalability and security capabilities.
#Blockchain #DataAvailability
--
Disclaimer: The information provided herein is offered "as is" for illustrative and informational purposes only, with no representation or warranty whatsoever. This information is not intended to vouch for financial, legal, or other professional advice, nor does it endorse the purchase of any particular product or service.
🚀 Newly Launched Project Analysis! Bitcoin Ecosystem Naming & DA Layer Project TNA Protocol (BN) 📈🚀 TNA Protocol: Enhancing Bitcoin’s Usability 🌐 🚀 Let's dive into key features and potential of $BN in this captivating thread! 🧵👇 1️⃣ Introduction: TNA Protocol ($BN) is a decentralized naming system built on Bitcoin, offering human-readable names linked to Bitcoin addresses. It integrates seamlessly with Bitcoin layer 2 solutions, expanding asset functionalities and usability. 2️⃣ Technology: TNA leverages a Sparse-Merkle Tree (SMT) structure and a Data Availability (DA) framework called TNA Core, enabling cross-chain interactions. It supports subname issuance, token-gated functionalities, and multiple asset types. 3️⃣ Whitepaper Analysis: The whitepaper highlights TNA’s decentralized naming system, cross-chain interactions, and governance through the $BN token. It also outlines a roadmap for wallet integration, multi-asset support, and a name marketplace. 4️⃣ Use Case: The $BN token enables governance, transaction fees, and rewards within the TNA ecosystem. Users can create and trade unique names, interact with cross-chain assets, and participate in protocol governance. 5️⃣ Team and Leadership: Led by a team of experienced blockchain developers and cryptography experts, TNA Protocol’s leadership ensures continuous innovation and success in decentralized systems. Specific information about team is not available. 6️⃣ Partnerships: TNA partners with key industry players like Merlin Chain, Nubit, Bitlayer, Bouncebit, layer 2 solution providers and wallet developers, enhancing ecosystem integration and interoperability across blockchain networks. 7️⃣ Security and Audits: TNA is built on the Lightning Network and follows the standards of the Taproot Assets protocol. It leverages Taproot's Asset ID, Universes, and Asset Transfer mechanisms. It also utilizes its key data structure, the Sparse Merkle Tree (SMT), and further expands it to better suit domain name use cases. 8️⃣ Tokenomics: TNA Protocol’s $BN token has a supply of 2.1 billion, with allocations for the community, team, treasury, and strategic initiatives. The tokenomics ensure long-term ecosystem growth and sustainability. 9️⃣ Exchanges: $BN tokens are available on major exchanges like KuCoin, Gate.io and Bounce Launchpad, providing liquidity and accessibility for users to participate in the TNA ecosystem. 🔟 Recent Developments: TNA recently launched TNA Core v1, supporting data inscription and node consensus. Multi-asset functionality and wallet integration are now live, with a name marketplace launch on the horizon. 1️⃣1️⃣ Conclusion: TNA Protocol ($BN) is set to revolutionize the Bitcoin ecosystem with its decentralized naming service, robust technology, and strong partnerships. $BN token drives governance, rewards, and ecosystem utility. 🌟 If You find this thread useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @crypto_fossa 🦁🙏🏻 #bitcoin #BTC #Layer2Coin #DEFİ #DataAvailability $BTC {spot}(BTCUSDT) $STX {spot}(STXUSDT) $ORDI {spot}(ORDIUSDT)

🚀 Newly Launched Project Analysis! Bitcoin Ecosystem Naming & DA Layer Project TNA Protocol (BN) 📈

🚀 TNA Protocol: Enhancing Bitcoin’s Usability 🌐
🚀 Let's dive into key features and potential of $BN in this captivating thread! 🧵👇
1️⃣ Introduction: TNA Protocol ($BN) is a decentralized naming system built on Bitcoin, offering human-readable names linked to Bitcoin addresses. It integrates seamlessly with Bitcoin layer 2 solutions, expanding asset functionalities and usability.
2️⃣ Technology: TNA leverages a Sparse-Merkle Tree (SMT) structure and a Data Availability (DA) framework called TNA Core, enabling cross-chain interactions. It supports subname issuance, token-gated functionalities, and multiple asset types.
3️⃣ Whitepaper Analysis: The whitepaper highlights TNA’s decentralized naming system, cross-chain interactions, and governance through the $BN token. It also outlines a roadmap for wallet integration, multi-asset support, and a name marketplace.
4️⃣ Use Case: The $BN token enables governance, transaction fees, and rewards within the TNA ecosystem. Users can create and trade unique names, interact with cross-chain assets, and participate in protocol governance.
5️⃣ Team and Leadership: Led by a team of experienced blockchain developers and cryptography experts, TNA Protocol’s leadership ensures continuous innovation and success in decentralized systems. Specific information about team is not available.
6️⃣ Partnerships: TNA partners with key industry players like Merlin Chain, Nubit, Bitlayer, Bouncebit, layer 2 solution providers and wallet developers, enhancing ecosystem integration and interoperability across blockchain networks.
7️⃣ Security and Audits: TNA is built on the Lightning Network and follows the standards of the Taproot Assets protocol. It leverages Taproot's Asset ID, Universes, and Asset Transfer mechanisms. It also utilizes its key data structure, the Sparse Merkle Tree (SMT), and further expands it to better suit domain name use cases.
8️⃣ Tokenomics: TNA Protocol’s $BN token has a supply of 2.1 billion, with allocations for the community, team, treasury, and strategic initiatives. The tokenomics ensure long-term ecosystem growth and sustainability.
9️⃣ Exchanges: $BN tokens are available on major exchanges like KuCoin, Gate.io and Bounce Launchpad, providing liquidity and accessibility for users to participate in the TNA ecosystem.
🔟 Recent Developments: TNA recently launched TNA Core v1, supporting data inscription and node consensus. Multi-asset functionality and wallet integration are now live, with a name marketplace launch on the horizon.
1️⃣1️⃣ Conclusion: TNA Protocol ($BN) is set to revolutionize the Bitcoin ecosystem with its decentralized naming service, robust technology, and strong partnerships. $BN token drives governance, rewards, and ecosystem utility.
🌟 If You find this thread useful Repost it, Share it with friends & Follow us for More Latest Crypto Analysis, News, Updates & Crypto Insights @Crypto Simbha 🦁🙏🏻

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