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Ethereum introduces a new transaction format to reduce gas cha | DeFi Telegraph (eng) ( ICO reviews)

Ethereum introduces a new transaction format to reduce gas charges

Vitalik Buterin and developer Tim Beiko discussed the proposed solution to the data gas problem and current scaling issues.

"Some suggestions for adding" large binary object carry transactions" to the near-future hardforge will increase the scalability of accumulation before full segmentation is completed," Buterin said.

"[Large Binary Object Transfer Transactions]" contain a large amount of data that cannot be accessed by EVM execution, but can be accessed. The format is expected to be fully compatible with the future Danksharding specification.

Buterin claims that hardforward updates that will improve the scalability of accumulations in the near future are already in development.