Core Ethereum Developers Set Date for Dencun Upgrade
Core Ethereum developers have agreed on a specific time to deploy the Dencun upgrade. According to Tim Beiko of the Ethereum Foundation, the upgrade is scheduled for activation at slot number 8626176, estimated to occur on 13 March at around 8:55 am ET.
Dencun Upgrade: Introducing Blob Transactions and Transient Storage
The Dencun upgrade will introduce the much-anticipated proto-danksharding feature through EIP-4844. This upgrade incorporates blob transactions and transient storage, among other technical enhancements.
EIP-4844: Enabling Off-Chain “Data Blobs”
EIP-4844 aims to incorporate off-chain “data blobs” into Ethereum transactions without affecting block processing times. These blobs are designed to support Layer 2 networks like zkSync, Optimism, and Arbitrum by addressing their data storage requirements.
Test Deployments Ensure Readiness for Main Network Deployment
Prior to the main network deployment, Dencun underwent a series of test deployments on Goerli testnet, Sepolia testnet, and Holesky testnet. These test phases were crucial in ensuring that the upgrade is ready for deployment on the main network.
Hot Take: Dencun Upgrade Marks an Exciting Milestone for Ethereum
The upcoming deployment of the Dencun upgrade is an exciting milestone for Ethereum. With its introduction of blob transactions and transient storage, as well as its support for Layer 2 networks, this upgrade promises to enhance Ethereum’s capabilities and pave the way for further innovation within the ecosystem.