Blob

Arthur

Optimism

Read

<ul>
 <li>Ethereum Dencun upgrade slashes gas fees on Layer 2 chains.</li>
 <li>Success follows rollout on Ethereum mainnet, marking a scalability leap.</li>
 <li>Community reactions highlight ongoing concerns despite fee reductions.</li>
</ul>
<p>The recent completion of the <a href="https://consensys.io/ethereum-dencun-upgrade" target="_blank" rel="noopener noreferrer nofollow">Ethereum Dencun upgrade</a> marks a significant milestone for the Ethereum ecosystem, promising notably lower gas fees on Layer 2 (L2) Ethereum chains. This led to L1 user frustration as they just witnessed L2 users going from cheap gas fees to cheaper gas fees while L1 users are still stuck in a deep gas fees hole.</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">So this only effects layer 2s? <br><br>So happy for them…<br><br>They went from super fkn cheap to even cheaper!<br><br>Meanwhile I have to second mortgage my house to send out poker prizes on ETH…<a href="https://twitter.com/ethereum?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@ethereum</a> <a href="https://twitter.com/VitalikButerin?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@VitalikButerin</a> WTF guiz? <a href="https://t.co/wjhljzZPCF" rel="noopener noreferrer nofollow">pic.twitter.com/wjhljzZPCF</a></p>— MasterJew.eth (@skizdidlyidler) <a href="https://twitter.com/skizdidlyidler/status/1768369411814047749?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Following the successful rollout on the Ethereum mainnet on March 13 at 1:55 pm UTC, users have reported a remarkable reduction in median gas costs when transacting on platforms like Optimism after the Dencun upgrade.</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">Blob morning<br><br>Median gas cost to swap on Optimism after Dencun <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f534.png" alt="🔴" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/wwaxbMISnO" rel="noopener noreferrer nofollow">pic.twitter.com/wwaxbMISnO</a></p>— Uniswap Labs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f984.png" alt="🦄" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Uniswap) <a href="https://twitter.com/Uniswap/status/1768272248975057282?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 14, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Anticipated as the most crucial hard fork since the Merge, Dencun aims to substantially alleviate transaction fees on layer-2 networks and bolster Ethereum’s scalability. However, while celebrated as a step forward, <a href="https://cointelegraph.com/news/dencun-upgrade-live-ethereum-mainnet" target="_blank" rel="noopener noreferrer nofollow">Arthur Breitman</a>, co-founder of the Tezos blockchain, suggests that Dencun only addresses a fraction of the challenges faced by layer-2 solutions, cautioning that scalability issues persist despite the upgrade.</p>
<p>Dencun’s launch follows the <a href="https://cryptonewsland.com/ethereum-shanghai-upgrade-arrives-on-april-12-2023/" target="_blank" rel="noopener noreferrer nofollow">Shanghai upgrade</a> in April 2023, which facilitated the unstaking of Ether (ETH) for the first time post the network transition to a proof-of-stake system after the Merge.</p>
<p>Comprising nine Ethereum Improvement Proposals (EIPs), the <a href="https://cryptonewsland.com/ethereums-dencun-upgrade-set-to-revolutionize-ecosystem-altcoins-on-the-rise/" target="_blank" rel="noopener noreferrer nofollow">Dencun hard fork</a> merges elements from the Cancun upgrade, focusing on transaction management, and the Deneb upgrade, targeting consensus mechanisms.</p>
<p>While the community applauds the advancements, questions arise regarding when similar benefits will extend to Layer 1 protocols and express concerns over persisting high fees for certain operations on the Ethereum network.</p>
<p>The responses underscore the ongoing challenges faced by users and the pressing need for comprehensive solutions to ensure broader accessibility and affordability across the Ethereum ecosystem.</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/ethereums-dencun-upgrade-set-to-revolutionize-ecosystem-altcoins-on-the-rise/" rel="noopener noreferrer nofollow">Ethereum’s ‘Dencun’ Upgrade Set to Revolutionize Ecosystem: Altcoins on the Rise</a></li>
 <li><a href="https://cryptonewsland.com/nexus-chain-poised-to-revolutionize-blockchain-tech-ahead-of-ethereums-dencun-upgrade/" rel="noopener noreferrer nofollow">Nexus Chain Poised to Revolutionize Blockchain Tech Ahead of Ethereum’s Dencun Upgrade</a></li>
 <li><a href="https://cryptonewsland.com/ethereum-nears-4000-amid-altcoin-surge-what-fuels-eths-rally/" rel="noopener noreferrer nofollow">Ethereum Nears $4,000 Amid Altcoin Surge: What Fuels ETH’s Rally?</a></li>
 <li><a href="https://cryptonewsland.com/ethereum-upgrade-set-to-transform-network-price-surge-expected/" rel="noopener noreferrer nofollow">Ethereum Upgrade Set to Transform Network: Price Surge Expected</a></li>
 <li><a href="https://cryptonewsland.com/optimism-op-price-surge-by-2-91-as-bullish-sentiment-persists/" rel="noopener noreferrer nofollow">Optimism (OP) Price surge by 2.91% as Bullish Sentiment Persists</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/ethereums-successful-dencun-upgrade-leaves-l1-users-frustrated/" rel="noopener noreferrer nofollow">Ethereum’s Successful Dencun Upgrade Leaves L1 Users Frustrated</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Ethereum’s Successful Dencun Upgrade Leaves L1 Users Frustrated

Crypto News Land

2024년 3월 15일에 게재된 다른 기사

Dogecoin Whale Dumps 86M DOGE But Technical Traders Say There Is Reason To Be Optimistic

Bitcoin mining difficulty hits all-time high as BTC price tumbles

WEMIX Privacy Policy Update

Cryptocurrency Stellar Falls More Than 7% In 24 hours

From $100 investment to $10,000 revenue - Best Crypto Picks for March

Bitcoin retreats from record high amid analyst warnings of 20% market correction

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!