What Are Blobscriptions?

Forward the Original Title ‘以太铭文又整新活，Blobscriptions是什么？’

After the “Bitcoin Stamps 2.0” of OLGA appeared in Bitcoin, Ethscriptions also formed the “Ethscriptions 2.0” of Blobscriptions. Co-founder of Ethscriptions @dumbnamenumbers tweeted early this morning Beijing time to announce the official launch of Blobscriptions.

The “Duck Rabbit” reference in this tweet is a meme favored by @dumbnamenumbers, who posted the image on the Base network last August.

At that time, he also received a reply from Base Protocol founder Jesse Pollak:

Jesse Pollak: Thanks for putting “Duck Rabbit” on Base

Through Etherscan, we can also see that @dumbnamenumbers himself typed a Blobscriptions version of “Duck Rabbit” before tweeting to announce the launch of Blobscriptions.

Therefore, a large number of players began to play the Blobscriptions version of “Duck Rabbit”. As the editor writes this article, Gas is already skyrocketing. According to the insufficient balance prompt in the picture below, the cost of purchasing a Blobscriptions version of “Duck Rabbit” at this time is approximately 0.1 ETH…

Since an Ethereum block can only pass 6 Blob data, if you enter it at this time, you need to wait for about 6 blocks.

(Source: ethernow.xyz)

So what are Blobscriptions?

What are Blobscriptions?

The “Blob” introduced in EIP-4844 allows anyone to store data on Ethereum at a price that is 10 to 100 times cheaper than calldata. This allows Ethereum Inscription to further reduce burning costs. According to @dumbnamenumbers, we can burn a 768 kb ether inscription for less than $5.

However, this “discount” comes at a price. Since Blob is a data type focused on storing Layer 2 transaction data (the purpose is to distinguish it from Layer 1 calldata to reduce Layer 2 transaction fees), Ethereum itself does not guarantee the availability of Blob data for more than 18 days.

@dumbnamenumbers specifically explained this - it doesn’t matter, our Ether Inscription indexer will store this data indefinitely.

In summary, Ether Inscription cleverly uses the new features of Ethereum to reduce burning costs for itself.

How to burn Blobscriptions?

Visit https://blobscriptions.io/ for Blobscription burning. After entering the website, we first click “Create a burner for me”, and then the website will generate a new wallet for us and import the private key to a Web3 wallet such as Metamask. After importing, remember to check whether it is consistent with the displayed address.

Then follow the steps below. Remember to transfer ETH to the new address to pay for the burning cost.

At present, I have seen people playing BLOB-20 Token. It should be the person in the picture below. He provides a tool specifically for creating BLOB20 Token, and everyone needs to identify the security by themselves.

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