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

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

Ethereum

EIP 4844 or Proto-danksharding is the most anticipated upgrade to Ethereum (ETH) blockchain since the Merge acivation on mainnet. Yesterday, Ethereum Core Developers took an important step toward its activation.

EIP 4844 is now closer than ever: Why this is important for all dApps

According to the statement shared by Tim Beiko of Ethereum Foundation, yesterday, Nov. 24, 2022, the All Core Devs (ACD) call decided to change the status of EIP 4844 and four other proposals of its generation to “Considered for Inclusion,” or CFI.

As such, new dApps should not rely on this instrument, Mr. van der Wijden warned.

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