The Writing is on the Wall: Analyzing the Boom of Inscriptions and its Impact on Rollup Performance and Cost Efficiency

arXiv:2404.11189v1 Announce Type: new
Abstract: Late 2023 witnessed significant user activity on EVM chains, resulting in a surge in transaction activity and putting many rollups into the first live test. While some rollups performed well, some others experienced downtime during this period, affecting transaction finality time and gas fees. To address the lack of empirical research on rollups, we perform the first study during a heightened activity during the late 2023 transaction boom, as attributed to inscriptions - a novel …

arxiv cost cs.cr downtime efficiency evm impact live performance test transaction wall writing