Ethereum

2024

Foundation

Read

<p class="is-style-lead">The long-awaited Dencun upgrade has finally arrived for the Goerli testnet, although low participation resulted in it failing to be finalized in the expected time.</p> 
<p>The Dencun upgrade, which includes a major update known as “proto-danksharding” designed to help reduce <a href="https://crypto.news/tag/layer-2/" target="_blank" rel="noreferrer noopener">layer-2</a> transaction fees, went live on Ethereum’s <a href="https://crypto.news/tag/goerli/" target="_blank" rel="noreferrer noopener">Goerli</a> testnet on Jan. 17, <a href="https://x.com/TimBeiko/status/1747507319494316448?s=20" target="_blank" rel="noreferrer noopener">according</a> to Tim Beiko, community manager at Ethereum Foundation.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Goerli forked 🥳 <a href="https://twitter.com/parithosh_j?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@parithosh_j</a> currently monitoring things live: <a href="https://t.co/MGaF9S3Qth" target="_blank">https://t.co/MGaF9S3Qth</a></p>— timbeiko.eth ☀️ (@TimBeiko) <a href="https://twitter.com/TimBeiko/status/1747507319494316448?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 17, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Beiko acknowledged that the participation among validators for the upgrade was “not great,” but noted that a similar outcome “was expected.” It also appears the upgrade resulted in a “chain split” as not all validators synced with each other for the update.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">And it seems like we have a chain split! Client teams are looking into it, but it's likely to a while to pin down + fix the issues. Keep an eye out for updates!</p>— timbeiko.eth ☀️ (@TimBeiko) <a href="https://twitter.com/TimBeiko/status/1747513459074634225?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">January 17, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p> You might also like: <a href="https://crypto.news/ethereums-dencun-upgrade-the-next-major-step-in-scalability/"> Ethereum’s Dencun upgrade: the next major step in scalability </a> </p> 
<p>Following its deployment on Goerli, the next phase of the upgrade is scheduled to take place on Jan. 31 on the Sepolia testnet, with the Holesky testnet activating Dencun on Feb. 7. Once Dencun runs smoothly on all three testnets, the Ethereum Foundation plans to roll out the upgrade on the Ethereum mainnet by the end of Q1 2024.</p> 
<p>Dencun <a href="https://blog.ethereum.org/2024/01/10/goerli-dencun-announcement" target="_blank" rel="noreferrer noopener">marks</a> the final upgrade for the Goerli testnet. Subsequently, both the client and Ethereum Foundation testing teams will discontinue support for the Goerli testnet after the completion of the Dencun upgrade.</p> 
<p>The Dencun upgrade, known as EIP-4844, aims to increase blockchain space for data blobs and slash layer-2 rollup fees by activating proto-danksharding. This data storage expansion should scale Ethereum’s blockchain, enabling more transaction capacity without hiking gas fees.</p> 
<p> Read more: <a href="https://crypto.news/eth-developers-voice-concern-over-gas-limit-hike-proposed-by-vitalik-buterin/"> ETH developers voice concern over gas limit hike proposed by Vitalik Buterin </a> </p>

Dencun upgrade goes live on Ethereum’s Goerli testnet

crypto.news

Other articles published on Jan 17, 2024

Binance сожгла более 2 млн токенов BNB на $636 млн

Phishing scammers target users amid Socket Protocol chaos

Do Kwon Trial Postponed to Late March: Details

Coinbase vs SEC Pivotal Legal Showdown Today: More Details

Nym’s 2024 New Year Resolutions

Temporary relief for crypto businesses as IRS delays enforcement of reporting rules

Join our free newsletter for daily crypto updates!