Polynomial Co-founder: Ethereum Pectra upgrade can only temporarily alleviate capacity issues
ChainCatcher news, according to CoinDesk, Gautham Santhosh, co-founder of the DeFi derivatives protocol Polynomial, stated that the Ethereum Pectra upgrade can only temporarily alleviate capacity issues. "55% of all blob space has already been consumed by L2. At the current growth rate, we are only a few months away from everything collapsing. It's like having 50 developing cities with only 3 lanes on the highway." The Ethereum Pectra upgrade is scheduled for March 2025 and is expected to increase the blob limit per block to 9.