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<a href="https://bitcoinworld.co.in/highly-anticipated-ethereum-eth-dencun-upgrade-set-for-march-13/" title="Highly Anticipated Ethereum (ETH) Dencun Upgrade Set For March 13" rel="noopener noreferrer nofollow"></a>
Ethereum (ETH) developers announced plans to deploy the long-awaited Dencun upgrade on March 13th, aiming to significantly improve the network’s speed and affordability.&nbsp;
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Blobs are coming to mainnet at slot 8626176 .oO
 — timbeiko.eth <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2600.png" alt="☀" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@TimBeiko) <a href="https://twitter.com/TimBeiko/status/1755597708520501672?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 8, 2024</a>
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<a href="https://twitter.com/TimBeiko/status/1755597708520501672" rel="noopener noreferrer nofollow">This</a> comes days after the Dencun upgrade was successfully implemented on the Holesky testnet.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Almost 2 years later, protodanksharding is finally slotted to go live on Ethereum Mainnet March 13th! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/Kz9QkUWMMH" rel="noopener noreferrer nofollow">https://t.co/Kz9QkUWMMH</a>
 — liam.eth (@liamihorne) <a href="https://twitter.com/liamihorne/status/1755778197864829231?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 9, 2024</a>
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The key feature is “proto-danksharding,” a step towards a system called “danksharding” that streamlines data verification for transactions on Ethereum’s “layer-2” networks.&nbsp;
These networks already offer faster and cheaper transactions than the main Ethereum (ETH) network, but danksharding promises even further efficiency.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/ethereum-name-service-ens-considering-to-launch-own-layer-2/" aria-label="“Ethereum Name Service (ENS) Considering To Launch Own Layer-2” (Edit)" rel="noopener noreferrer nofollow">Ethereum Name Service (ENS) Considering To Launch Own Layer-2</a>
This upgrade addresses a major criticism of Ethereum: high gas fees and slow transaction speeds.&nbsp;
While layer-2 solutions like Optimism and Arbitrum provided some relief, Dencun aims to make them even more efficient and affordable.&nbsp;
Developers believe the fully implemented danksharding could eventually handle over 100,000 transactions per second at low costs.
Dencun represents the most significant upgrade since the Shanghai update last April, which allowed Ethereum stakers to withdraw their funds.&nbsp;
While both had economic implications, Dencun directly impacts the everyday usability of the Ethereum ecosystem.
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 Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.
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The post <a href="https://bitcoinworld.co.in/highly-anticipated-ethereum-eth-dencun-upgrade-set-for-march-13/" rel="noopener noreferrer nofollow">Highly Anticipated Ethereum (ETH) Dencun Upgrade Set For March 13</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Highly Anticipated Ethereum (ETH) Dencun Upgrade Set For March 13

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