Conduit Newsletter: October 24, 2024
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This week in Conduit
DA research: Cost per MB for Ethereum blobs vs. Celestia vs. Celestia SuperBlobs
How much is modular DA actually saving rollups? We analyzed nine months of DA activity for 32 rollups to find out. Read our blog for a comprehensive comparison of costs per MB of data posted via Ethereum blobs vs. Celestia and Celestia SuperBlobs — the bigger Celestia blobs solution launched in partnership with Conduit this past May.
OP Retro Funding Round 5: Conduit number one in R&D + tooling
Optimism announced results of round 5 of retro funding this week, and we’re excited to share that Conduit was among the top recipients. Conduit powers many of the biggest rollups on the Superchain, and we’ve collaborated with Optimism on several initiatives, from custom gas tokens to key handovers for enhanced decentralization.
Get Bridged USDC on Superbridge via Conduit Marketplace
Bridged USDC is on Conduit Marketplace. Superbridge is on Conduit Marketplace. And starting this week, they work better together. We’re excited to share that from now on, when you integrate Bridged USDC via the Marketplace, USDC will automatically show up in your Superbridge UI.
Blobs enter price discovery
Ethereum blob fees spiked Tuesday following the Scroll airdrop, rising from a base fee of “free” to $4.52. There’s no doubt that rollups are closely monitoring these developments, as a sustained increase in competition for blobspace would have major implications for DA setup.
Arbitrum Fast Withdrawals
Arbitrum Fast Withdrawals is ready for mainnet! Fast Withdrawals allows rollups to ditch the seven-day withdrawal period without implementing a third-party bridge. Conduit is excited to support this innovation for Arbitrum Orbit rollups.
Scale & Drinks at Devcon with Conduit, Proof of Play, and Privy: Thursday, November 14 at 6pm
If you’re heading to Bangkok for Devcon, you won’t want to miss this: Conduit is co-hosting an evening of drinks and discussion with our partners Proof of Play and Privy! Join us on Thursday, November 14 at 6pm. Register here and prepare to discuss the latest trends in onchain infra, scaling, and UX.
More from around the ecosystem:
- BOB introduced its Hybrid L2 vision to combine the best qualities of Bitcoin and Ethereum.
- Celestia announced results from its new Mammoth Mini testnet, which uses 88 MB blocks and achieved an average throughput of 27 MB/s — performance improvements that will be crucial to high-performance rollups on G2.
- Payments giant Stripe has acquired stablecoin platform Bridge for $1.1 billion, in a move that suggests the tradfi-crypto connection is set to expand.
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