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<a href="https://bitcoinworld.co.in/dencun-upgrade-is-vital-to-the-future-of-ethereums-network/" title="Dencun Upgrade Is Vital to The Future Of Ethereum’s Network" rel="noopener noreferrer nofollow"></a>
Ethereum (ETH) network is about to implement the much-debated <a href="https://blog.ethereum.org/2024/02/27/dencun-mainnet-announcement" rel="noopener noreferrer nofollow">Dencun upgrade</a>, a technological overhaul at the blockchain’s base layer intended to bolster network throughput and reduce transaction costs by implementing proto-danksharding.
Dencun will unlock expanded data capacity for L2 solutions like Optimism through access to blobs.&nbsp;
Tenderly Co-Founder and SVP Nebojsa Urosevic said Ethereum must adapt to skyrocketing transaction volumes without charging users a fortune as global adoption accelerates.
Urosevic, who has 10 years of experience in soft engineering and maintains a custom scalable Ethereum Virtual Machine (EVM) at Tenderly, believes this upgrade is critical to defi’s future and important to negating entry barriers for new users.&nbsp;
To ensure blockchain technology reaches a global scale, we must address these issues early on, especially as Ethereum’s network capacity becomes more limited.&nbsp;
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According to Urosevic,
“Sustainably scaling Ethereum will ensure there’s enough room for new applications to emerge without compromising the network’s security, decentralization, or user experience.”
<h3 id="span-style-font-weight-400-tapping-multi-chain-technology-for-ethereum-scalability-span">Tapping Multi-chain Technology for Ethereum Scalability</h3>
As Ethereum cannot be scaled infinitely without running into the blockchain trilemma, layered multi-chain solutions have proven to be an efficient path forward for long-term scalability, Urosevic shared with crypto.news.
“Over the years, the developer community has worked on many solutions for scaling Ethereum. While each of them has its benefits, optimistic and zero-knowledge rollups are the most promising, efficient, and secure ones,” said Urosevic.
Tenderly’s co-founder said Ethereum’s Dencun will incentivize these rollups to launch even more general-purpose and application-specific chains to cater to different types of users.&nbsp;
This seamless tooling portability, made cheaper by tackling throughput cost via Dencun, will be important to web2 companies as DeFi onboards more traditional firms en masse, according to Urosevic.
<h3 id="span-style-font-weight-400-improving-developer-infrastructure-for-widespread-adoption-span">Improving Developer Infrastructure For Widespread Adoption&nbsp;</h3>
Tenderly’s SVP remarked that evolving multichain ecosystems will ultimately foster additional levels of complexity.&nbsp;
However, the software veteran said providing web3 developers with standardized tools and practices while lowering the entry barrier for web2 builders could facilitate a frictionless community for innovators.&nbsp;
Should Dencun deliver on its promises, this solution would become easier to realize, Urosevic suggested.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/tether-usdt-announced-its-plan-to-run-on-the-celo-network/" aria-label="“Tether (USDT) Announced Its Plan To Run On The Celo Network” (Edit)" rel="noopener noreferrer nofollow">Tether (USDT) Announced Its Plan To Run On The Celo Network</a>
Urosevic said,
“Enabling the growth and development of the blockchain industry at a larger scale starts with supporting the ones building it. Ensuring a seamless experience for Web3 developers and equipping them with essential tools and infrastructure is a prerequisite for further innovation.”
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Dencun Upgrade Is Vital to The Future Of Ethereum’s Network

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