Coinbase Joins Ethereum Foundation, Optimism To Improve ETH Transaction Speed and Cost

Crypto exchange Coinbase announced working with the Ethereum Foundation and Optimism teams to accelerate the EIP-4844 upgrade. The upcoming proto-danksharding or EIP-4844 upgrade will reduce gas fees and increase transaction speed on the Ethereum Layer-2 rollups. In fact, Coinbase is dedicating engineering resources and testing the EIP-4844 to further drive crypto adoption.