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Taiko Protocol spent 900 thousand dollars to purchase Blob within two weeks, far exceeding its competitor Optimism.

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Odaily
387Words
Jun 8, 2024

Since the end of May, the $Taiko Protocol has spent 900 thousand US dollars in less than two weeks to purchase Blob, in order to migrate user transactions to the Ethereum network. This expenditure far exceeds that of its competitors such as Optimism, whose daily Blob cost is less than 1000 US dollars. Blob was introduced as a new resource on the L2 network as part of the Ethereum upgrade in March, aiming to reduce the cost of executing Ethereum transactions. $Taiko Labs CEO Daniel Wang stated that this high expenditure was due to design decisions, not bugs.

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