Ethereum Developers Set March 13 as Target Date for Dencun Upgrade
Ethereum developers have finalized a target date of March 13 for the long-awaited Dencun upgrade, marking a significant milestone in the blockchain’s evolution. This upgrade represents the most substantial changes to Ethereum since April 2023.
Ethereum Dencun Upgrade Live On Holesky Testnet
The Dencun upgrade encompasses improvements in both the execution and consensus layers. A major component of Dencun is proto-danksharding (EIP-4844), which introduces “blobs” to enable the temporary storage and access of large amounts of off-chain data by Ethereum nodes. This innovation aims to alleviate storage demands and reduce transaction costs for Ethereum decentralized applications (dapps), benefiting Layer 2 rollup chains.
Dencun Network Upgrade Activated on Ethereum Goerli Testnet, Introducing Proto-Dank Sharding
The Dencun network upgrade was activated on the Goerli testnet, introducing several EIPs, including EIP-4844. This enables proto-dank sharding, which will significantly reduce transaction fees on Ethereum layer-2s. Proto-danksharding serves as the initial phase of a broader technical feature known as “danksharding,” aimed at scaling the Ethereum blockchain.
Confirmation of Upgrade Date and Future Plans
The Dencun upgrade on the main Ethereum network is scheduled to occur when the blockchain reaches slot 8626176, precisely at 13:55 UTC on March 13. Developers are already outlining plans for the next hard fork, Prague/Electra, which may incorporate “Verkle Trees,” a novel data structure intended to facilitate node storage of large amounts of data without compromising block validation capabilities.
Ethereum’s Continuous Evolution
With the impending deployment of Dencun, Ethereum continues to evolve, enhancing its capabilities to meet the growing demands of its user base and decentralized ecosystem.
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