Ethereum

<p>Ethereum developers are on the cusp of implementing the blockchain’s most substantial upgrade in a year, known as Dencun. This pivotal hard fork aims to introduce a technical feature called “proto-danksharding,” designed to alleviate transaction costs on layer 2s and enhance the affordability of data on the blockchain.</p>
<h2 class="wp-block-heading" id="ethereum-devs-release-dencun-testnet-upgrade-timeline">Ethereum devs release Dencun testnet upgrade timeline</h2>
<p>In a bid to ensure a seamless <a href="https://blog.ethereum.org/2024/01/24/sepolia-holesky-dencun" rel="noopener noreferrer nofollow" target="_blank">transition</a> to the main network, developers have meticulously planned a dress rehearsal for the protocol changes on two vital test networks: Sepolia and Holesky. The scheduled dates for these pivotal tests are Jan. 30 and Feb. 7, respectively. The recent successful upgrade on the Goerli testnet, despite encountering minor challenges, marked a critical milestone. The upcoming Dencun activation on Sepolia is slated for Jan. 30 at 22:51 UTC during epoch 132608. Should this phase unfold as anticipated, the final test is scheduled to occur on Holesky on Feb. 7 at 11:34 UTC, specifically during epoch 950272.</p>
<p>Assuming these tests progress smoothly, developers are keen on determining a deployment date for Dencun on Ethereum’s mainnet, with the current target set for the end of February or early March. Tim Beiko, the protocol support lead at the Ethereum Foundation, underscores the importance of updating nodes on either network at this juncture. Dencun represents more than just a routine upgrade; it holds the promise of substantial improvements for the Ethereum ecosystem.</p>
<h2 class="wp-block-heading" id="navigating-towards-mainnet-deployment-with-new-tests">Navigating towards mainnet deployment with new tests</h2>
<p>The introduction of proto-danksharding is poised to be a game-changer, specifically by reducing transaction costs on layer 2 solutions. This enhancement aligns with Ethereum’s ongoing efforts to address scalability challenges and make the network more efficient. As the Ethereum community eagerly awaits the unfolding of these developments, it’s essential to appreciate the meticulous testing and preparation underway. The dress rehearsal on Sepolia and Holesky serves as a crucial step in ensuring that Dencun’s deployment on the mainnet is as smooth and error-free as possible.</p>
<p>In the broader context of blockchain technology, hard forks like Dencun play a pivotal role in the evolution and improvement of networks. They provide an avenue for implementing significant upgrades and introducing new features, often driven by the collaborative efforts of developers and the community. The success of the recent upgrade on the Goerli testnet indicates that Ethereum’s development community is adept at navigating challenges and ensuring the stability of the network. It also reflects the resilience of decentralized systems, where iterative improvements can be made through consensus and collaboration.</p>
<p>As Ethereum continues to evolve, the Dencun upgrade exemplifies the commitment to addressing real-world issues such as transaction costs and data accessibility. The anticipation surrounding its deployment on the mainnet reflects the broader interest and engagement within the blockchain and cryptocurrency space. Ethereum’s Dencun <a href="https://www.cryptopolitan.com/dormant-ethereum-whale-returns-to-take-its-first-action-buys-eth-rival-priced-at-0-09/" data-type="post" data-id="451666" rel="noopener noreferrer nofollow">upgrade</a> represents a significant milestone in the ongoing development of the platform. With proto-danksharding at its core, this hard fork holds the promise of making Ethereum more scalable and cost-effective. As the community looks ahead to the dress rehearsals on Sepolia and Holesky, there is a collective optimism that Dencun will usher in a new era of efficiency and accessibility for the Ethereum blockchain.</p>

Ethereum devs set timeline for final Dencun testnet upgrade

Table of Contents

Cryptopolitan_News

Other articles published on Jan 25, 2024

Impending Expiration of $5.7 Billion in Bitcoin and Ethereum Options

EchoLink Launchpad on LBank Ends with Over 130M USDT in Investment, $ECHO Set for Listing

China’s rising crypto trend defies government restrictions

Core Scientific’s Stock Plummets 30% Post-Bankruptcy Relisting

Redditors Were Ahead Of Crowd In Buying Bitcoin Dip: Data

Surge in North Korean Crypto Attacks: Record Number Of Hacks, Yet Lower Total Loot In 2023

Join our free newsletter for daily crypto updates!