(1/5)
Transient Storage (EIP-1153)

EIP-1153 enables the use of temporary storage which will be persisted only for the scope of a particular transaction.

eips.ethereum.org/EIPS/eip-1153

This will be huge as it will allow for more efficient smart contracts, reduced gas fees, etc.

Your friendly neighborhood web3 guy..

https://arjun.wtf

(2/5)
Since the nodes won't have to store the transient data on disk after the transaction, it makes the transaction cheaper than otherwise.

This is useful for cases where the function needs to store data to be reused after a certain point of time within the same transaction.

(4/5) Opcodes Gas (Storage)
SLOAD (cold) - 2,100
SLOAD (warm) - 100

SSTORE (zero to nonzero) - 20,000
SSTORE (nonzero to nonzero) - 5,000
SSTORE (nonzero to zero) - 2,900
RSclear (nonzero to zero) - 15,000 upto max 20% of the gas cost of the transaction

(5/5) Opcodes Gas (Transient)
Transient storage introduces two new opcodes

TSTORE - 100
TLOAD - 100

Since it is cheaper to store and load transient storage, it allows for the developers to create highly gas efficient smart contracts.

(3/5)
Eg:
1. Reentrancy Locks - Contract maintains a flag to save the entry of the txn and check if the txn has been reentered again
2. Complex computations involves storing temporary data. Transient storage can help discard those data leading to significant gas reduction.
…etc