A crypto project is using up whole Ethereum blocks and turning them into NFTs by MManoylov & Timccopeland
cost over 3.42 ETH in transaction fees. As of publication, VanityBlocks has minted only these two blocks.
One Ethereum block can hold between a few to several hundred transactions depending on the size of each transaction. Transactions on Ethereum are designed to cost more if they contain more code, which is used to deter spam. In this case, the code was designed to keep performing operations until it hits a certain amount of gas used .
The only transaction in each block is the one minting the NFT. The NFTs show the same image of a pair of eyes on a black background. In the NFT's metadata, it contains the block number that it was mined in. The concept is that each NFT represents the block that it was mined in, somehow making it represent a part of the Ethereum blockchain.
VanityBlocks taking up entire blocks on the Ethereum blockchain in one go uses of some of the scant space available for other crypto users. As a result, it may have resulted in increased short-term transaction costs for anyone else trying to make transactions at the same time. And due to the way Ethereum transaction fees
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