Morph has the following points for the integration of EIP-4844:
Implementing DA based on Ethereum Solution and compatible with EIP-4844;
Implemented based on Morph’s unique optimistic-zkEVM state verification solution and compatible with EIP-4844;
Implemented Aggregating the ZK proof scheme and being compatible with EIP-4844;
This makes Morph superior to other L2s in terms of specific EIP-4844 compatibility, including:
Cost advantage compared to using external DA solutions;
Security advantage compared to OP Rollup that does not implement compatible state verification schemes (such as fraud proof);
The cost advantage compared to ZK Rollup that does not implement compatible aggregation ZK proof;
As the most important milestone of Ethereum in 2024, The Dencun upgrade will be carried out on March 13. The EIP-4844 included in this upgrade introduces blob-carrying transactions, which not only greatly improves the efficiency and accessibility of the Ethereum L2 network, but also marks the adoption of Proto- Danksharding is a critical step toward greater scalability.
Against this background, Morph, which is about to launch the Morph Holesky testnet, also plans to take the lead in providing users with an L2 transaction optimization experience after integrating EIP-4844, and will subsequently migrate it to the mainnet seamlessly.
This article will delve into the technical innovation of EIP-4844, its expected impact on the Ethereum ecosystem, Morph’s efforts in integrating EIP-4844, and discuss how it can support blockchain scaling and mass adoption. Provide key technical support.
EIP-4844 is the cornerstone of the Ethereum Dencun upgrade. It introduces a transaction model that carries Blobs, which means that in the future, L2 will no longer use the traditional calldata storage mechanism.
Carry Blob Transaction is designed to embed large amounts of transaction data into blobs, thereby storing large amounts of data off-chain while maintaining accessibility and verifiability on the chain, significantly Reduce the storage and processing burden on the Ethereum mainnet.
In short, this mechanism directly solves the L1 cost problem related to data availability, ensuring that the L2 platform can provide cheaper and faster transactions without affecting the security and decentralization based on Ethereum degree of ization.
The innovation of Blob carrying transactions is that it allows large data sets to be stored in a compressed temporary format, reducing storage on Ethereum The cost of data paves the way for higher transaction throughput and enhanced scalability, directly enabling the Ethereum ecosystem to support a wider range of applications and services.
This cost optimization will ultimately translate into lower gas fees for Ethereum L2 users and developers, because the DA cost of Ethereum L1 is a significant part of the fees paid by L2 users.
From a data perspective, after EIP-4844, it is expected that the L1 part of the transaction cost of Ethereum L2 will be reduced by about 50%-90%. Under ideal circumstances it might even be 99%.
Under the current situation of rising ETH prices and high mainnet Gas, the cost of ETH transfer on L2 is around 0.5 - 1 US dollars, which means that L2 integrating EIP-4844 is expected to reduce the cost to 0.005 - Between $0.1 USD.
Of course, the actual cost is related to different L2 solutions, ETH price, Gas and other factors. We will release the calculation results in the near future.
This cost improvement is decisive and means developers have greater flexibility and efficiency when building and deploying dApps. We expect that more complex, data-intensive, cost-sensitive applications will emerge on the existing Ethereum Layer 2, thus attracting a wider user base.
For end users, this means faster, cheaper transactions, and a smoother, more responsive experience when interacting with Ethereum-based Layer 2 services.
Mainstream Rollups are preparing to integrate EIP-4844 to take advantage of its advantages. Of course, this takes time and has certain technical difficulties - Rollups must carry out the main Network hard forks or contract agent upgrades also require an extensive testing phase to ensure that they can interact seamlessly with existing systems, and the governance process also requires consensus among developers, verifiers, and users.
Currently Optimism and Arbitrum have committed to EIP-4844 and will work closely with the community to test and deploy necessary updates.
Leading ZK-Rollups like zkSync and StarkWare are also exploring how to leverage blob-carrying transactions to further reduce costs and improve performance.
Different from the technical and governance obstacles faced by traditional Rollups, Morph’s flexible modular architecture and late-mover advantages enable it to quickly adapt to new standards, thus Efficiently integrate EIP-4844 to reduce the time and effort required to reduce DA costs and improve transaction efficiency.
There are currently many L2s on the market that do not build a data availability layer based on Ethereum. They often use external data availability layers.
External data availability layers typically store transaction data off-chain or on a dedicated chain designed for data availability (such as Celestia), providing an alternative to Ethereum’s native data availability mechanism.
While these solutions avoid high DA costs and improve scalability and efficiency, they operate independently of Ethereum’s core infrastructure, which means that the EIP-4844 upgrade specifically targets the Ethereum DA layer. Does not directly impact these external DA solutions and therefore benefits from them.
The emergence of the external DA layer is partly due to the promotion of VC and the demand for alternative DA solutions.
But the decision whether to use the Ethereum DA layer or an external DA layer should be based on the specific needs of L2, such as security, integration, cost and other considerations. For Morph, the strategy is to prioritize security and efficiency by closely aligning with the Ethereum infrastructure, while also paying close attention to cooperation with external DA solutions to explore potential development opportunities.
Through the upcoming Morph Holesky test network, Morph will be the first to provide users with an optimized trading experience of EIP-4844 and seamlessly integrate it Migrate to mainnet when launched in the future.
The first is the reduction in transaction costs, which is directly attributed to the more efficient data storage and processing capabilities provided by the new transaction model.
In addition, TPS will increase significantly, which is also consistent with Morph’s goal of supporting high-throughput, low-transaction-cost consumer applications, providing strong support for Morph’s vision.
Morph has the following key points for the integration of EIP-4844:
Implement the DA solution based on Ethereum and be compatible EIP-4844;
Implements Morph’s unique optimistic-zkEVM state verification scheme and is compatible with EIP-4844;
Implements aggregated ZK proof The solution is also compatible with EIP-4844;
This makes Morph superior to other L2s in terms of specific EIP-4844 compatibility, including:
Cost advantages compared to using external DA solutions;
Security advantages compared to OP Rollup that does not implement compatible state verification schemes (such as fraud proof);
Cost advantage over ZK Rollup that does not implement compatible aggregated ZK proof;
Morph will publish a technical article discussing EIP-4844 in Challenges faced in zkEVM integration, including compatibility of aggregated proofs and adopted solutions.
Integrating EIP-4844 will be the beginning of Morph’s continuous optimization of L2 experience, but it is far from the end. In the future, Morph will continue to improve L2’s performance for consumer applications and users. Adaptability.
After integrating EIP-4844, the following are Morph’s key development nodes and roadmap:
Mainnet online: Morph expected The mainnet will be officially launched in Q3 of 2024, and all key technologies and applications promised will be launched on the Holesky testnet;
Continue to grow the ecosystem: Morph will continue to attract diverse users groups and ecological partners, thereby expanding the utility and influence of the platform;
Continuous technological innovation: Morph plans to launch further optimization measures, promising to reduce costs, improve efficiency, and enrich user experience , to achieve a true consumer blockchain infrastructure;
Build a community and governance framework: Morph will launch a series of activities to enable users to deeply participate in and benefit from the development of Morph Profit and promote a more inclusive and participatory development process;
Morph is a consumer-oriented L2 blockchain that integrates OP and the advantages of ZK Rollups, providing unparalleled scalability and security, aiming to lay the foundation for a consumer-oriented, value-driven DApp ecosystem.
Through its signature features such as the decentralized sequence network, Responsive Validity Proof (RVP) system and modular design, we aim to leverage the security, usability and compatibility of the Ethereum network while , providing efficient and flexible expansion capabilities.
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