Ethereum’s (ETH) temporary and cost-effective memory segments, or blobs, are being plagued by inscriptions. Nearly 40% of blobs are being utilized by text or image storage inscriptions, popular as Blobscriptions.
The arrival of blobscriptions on the
Ethereum sees rise in Ordinal-like inscriptions Data from crypto intelligence platform Dune Analytics shows that Ethereum blobs are being used to create inscriptions at a record rate. On March 27 and 28, there was a spike in inscriptions, embedding text or images in blobs or “memory segments” on the Ethereum blockchain.