Eip - 7516 : BLOBBASEFEE opcode

EIP proposes BLOBBASEFEE opcode for smart contracts to manage blob data costs efficiently. It enables trustless accounting and blob gas futures with a gas cost of 2, aligning with conventions, ensuring seamless integration and minimal impact on backward compatibility.

Kaushal Panpaliya

25 Jan 2024

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4 Min

By: Kaushal Panpaliya

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Ethereum EIP-7516 BLOBBASEFEE opcode EVM EIP EIP-3198 Technology

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Kaushal Panpaliya

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Eip - 7516 : BLOBBASEFEE opcode

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Eip - 7516 : BLOBBASEFEE opcode

Please become a free member to unlock this article and more content.

Author

Subscribe to join the discussion.

Read more

EF President Aya Miyaguchi Outlines New EF Direction

Vitalik Buterin Pushes Ethereum Privacy With Kohaku

Ethereum Foundation Advances Cross-Chain Intents with LI.FI Launch

Vitalik Buterin’s 2026 Vision for Ethereum Foundation

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