Grayscale's ETF outflows have once again decelerated, contrasting with other funds experiencing robu

Skip to content
AZC.News
en EN
BTC Coin BTC
3.82%

ETH Coin ETH

2.57%

USDT Coin USDT

0.02%

BNB Coin BNB

1.11%

SOL Coin SOL

-0.52%

XRP Coin XRP

5.50%

USDC Coin USDC

0.01%

ADA Coin ADA

1.75%

AVAX Coin AVAX

1.45%

DOGE Coin DOGE

5.94%

BTC Coin BTC

3.82%

ETH Coin ETH

2.57%

USDT Coin USDT

0.02%

BNB Coin BNB

1.11%

SOL Coin SOL

-0.52%

XRP Coin XRP

5.50%

USDC Coin USDC

0.01%

ADA Coin ADA

1.75%

AVAX Coin AVAX

1.45%

DOGE Coin DOGE

5.94%

Search...

Home > News

Published: 28/02/2024

-
Author: Leexim

Ethereum’s Dencun Upgrade Set to Launch March 13
Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its debut on the Ethereum mainnet on March 13th.

Azcnews
The Dencun upgrade brings a host of improvements designed to enhance the efficiency and scalability of the network, with a standout enhancement being the integration of EIP-4844, commonly referred to as protodanksharding. This innovation marks a significant stride in Ethereum’s continuous efforts to scale, introducing ephemeral data blobs that promise a substantial reduction in transaction fees at Layer 2 (L2).

To illustrate, envision EIP-4844 as expanding lanes on a congested highway. Ethereum, at times, faces congestion, resulting in high costs and slow transaction speeds during peak usage. By incorporating data blobs, the network gains the capacity to seamlessly accommodate more traffic, ultimately diminishing costs and wait times for users.

The introduction of ephemeral data blobs signifies a pivotal advancement in Ethereum’s scalability roadmap, presenting a solution that not only boosts current network performance but also lays a solid foundation for future upgrades. This strategic decision aligns seamlessly with Ethereum’s overarching goal of cultivating a more accessible, sustainable, and user-friendly blockchain ecosystem.


A standout feature of the Dencun upgrade is its implementation of “proto-danksharding,” aimed at reducing transaction costs on auxiliary “layer-2” networks built upon Ethereum by providing dedicated storage space for data.

The decision to proceed with the Dencun upgrade was formally announced during the all core developers consensus layer call 127, just a day after the successful integration of the upgrade into the Holesky testnet—the third and final test network—with a seamless process and no glitches.

Related: Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma

The scheduled implementation of the Dencun upgrade on the main Ethereum network, commonly referred to as a “hard fork,” is contingent upon the blockchain reaching slot 8626176. This significant event is anticipated to take place at 13:55 UTC on March 13, pending developer ratification and confirmation through the open-source software platform GitHub.

The recent bullish trend in ETH, with a notable surge to $3,200, marked a milestone not seen in almost two years. As the Ethereum community eagerly awaits the mainnet activation of the Dencun upgrade, stakeholders, developers, and users alike are expressing optimism about the potential positive impact these changes may have on the network’s overall functionality and efficiency.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Read Less
5.0/5

(1 vote)
Leave a Reply
Your email address will not be published. Required fields are marked *

Comment *

Twitter

Telegram

Name *

Save my name, email, and website in this browser for the next time I comment.

LATEST

Azcnews (2)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Price Could Reach $200,000 Next Year

Analyst Peter Brandt predicts that Bitcoin could surge to $200,000 at the peak of this cycle, equivalent to a nearly fourfold increase for BTC.

Azcnews (1)
Research | Editor Choice 28/02/2024

What is QNA Token? QnA3 Integrated AI Technology DApp

What is QNA Token? QnA3 stands as a Web3-driven knowledge-sharing platform with AI support, endorsed by Binance, and with a confirmed airdrop for the community.

Azcnews (5)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Experiences a Surge in Trader Interest

The popularity of Bitcoin trading on exchanges is on the rise, fueled by a sustained increase in the average investor's profits.

Azcnews (3)
News | Blockchain | Editor Choice | Policy & Regulations 27/02/2024

Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma

Some users on X praised Buterin for championing open-source software, while others highlighted certain issues associated with Linux.

Azcnews (1)
News | Altcoin | Editor Choice 27/02/2024

OKX to List QnA3.AI’s GPT Token on its Spot Market

Today, February 27, 2024, OKX, a leading cryptocurrency exchange and Web3 technology company, revealed its most recent advancements.

Top views
1
OKX to List QnA3.AI’s GPT Token on its Spot Market
2
Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma
3
Analyst Forecasts Bitcoin to Reach $100,000 by 2024
4
SOL Price Plummets, Buy the Dip Opportunity
5
Analyst Predicts Potential Upsurge for XRP
6
Record-Low Outflows for GBTC Amid Bitcoin Price Surge
7
What is QNA Token? QnA3 Integrated AI Technology DApp
8
Ethereum Surges to Highest Level in 2 Years, Reaching $3,200
9
Bitcoin Surges to $55,000 as ETF Capital Inflows Set Record
10
Crucial Bitcoin Trading Levels to Watch
About AZC.NSkip to content
AZC.News
en EN
BTC Coin BTC

3.82%

ETH Coin ETH

2.57%

USDT Coin USDT

0.02%

BNB Coin BNB

1.11%

SOL Coin SOL

-0.52%

XRP Coin XRP

5.50%

USDC Coin USDC

0.01%

ADA Coin ADA

1.75%

AVAX Coin AVAX

1.45%

DOGE Coin DOGE

5.94%

BTC Coin BTC

3.82%

ETH Coin ETH

2.57%

USDT Coin USDT

0.02%

BNB Coin BNB

1.11%

SOL Coin SOL

-0.52%

XRP Coin XRP

5.50%

USDC Coin USDC

0.01%

ADA Coin ADA

1.75%

AVAX Coin AVAX

1.45%

DOGE Coin DOGE

5.94%

Search...

Home > News

Published: 28/02/2024

-
Author: Leexim
Ethereum’s Dencun Upgrade Set to Launch March 13
Ethereum's Dencun upgrade, after a successful activation across all testnets, is set to make its debut on the Ethereum mainnet on March 13th.

Azcnews
The Dencun upgrade brings a host of improvements designed to enhance the efficiency and scalability of the network, with a standout enhancement being the integration of EIP-4844, commonly referred to as protodanksharding. This innovation marks a significant stride in Ethereum’s continuous efforts to scale, introducing ephemeral data blobs that promise a substantial reduction in transaction fees at Layer 2 (L2).

To illustrate, envision EIP-4844 as expanding lanes on a congested highway. Ethereum, at times, faces congestion, resulting in high costs and slow transaction speeds during peak usage. By incorporating data blobs, the network gains the capacity to seamlessly accommodate more traffic, ultimately diminishing costs and wait times for users.

The introduction of ephemeral data blobs signifies a pivotal advancement in Ethereum’s scalability roadmap, presenting a solution that not only boosts current network performance but also lays a solid foundation for future upgrades. This strategic decision aligns seamlessly with Ethereum’s overarching goal of cultivating a more accessible, sustainable, and user-friendly blockchain ecosystem.


A standout feature of the Dencun upgrade is its implementation of “proto-danksharding,” aimed at reducing transaction costs on auxiliary “layer-2” networks built upon Ethereum by providing dedicated storage space for data.

The decision to proceed with the Dencun upgrade was formally announced during the all core developers consensus layer call 127, just a day after the successful integration of the upgrade into the Holesky testnet—the third and final test network—with a seamless process and no glitches.

Related: Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma

The scheduled implementation of the Dencun upgrade on the main Ethereum network, commonly referred to as a “hard fork,” is contingent upon the blockchain reaching slot 8626176. This significant event is anticipated to take place at 13:55 UTC on March 13, pending developer ratification and confirmation through the open-source software platform GitHub.

The recent bullish trend in ETH, with a notable surge to $3,200, marked a milestone not seen in almost two years. As the Ethereum community eagerly awaits the mainnet activation of the Dencun upgrade, stakeholders, developers, and users alike are expressing optimism about the potential positive impact these changes may have on the network’s overall functionality and efficiency.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.


Read Less
5.0/5

(1 vote)
Leave a Reply
Your email address will not be published. Required fields are marked *

Comment *

Twitter

Telegram

Name *

Save my name, email, and website in this browser for the next time I comment.

LATEST

Azcnews (2)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Price Could Reach $200,000 Next Year

Analyst Peter Brandt predicts that Bitcoin could surge to $200,000 at the peak of this cycle, equivalent to a nearly fourfold increase for BTC.

Azcnews (1)
Research | Editor Choice 28/02/2024

What is QNA Token? QnA3 Integrated AI Technology DApp

What is QNA Token? QnA3 stands as a Web3-driven knowledge-sharing platform with AI support, endorsed by Binance, and with a confirmed airdrop for the community.

Azcnews (5)
News | Bitcoin | Editor Choice 28/02/2024

Bitcoin Experiences a Surge in Trader Interest

The popularity of Bitcoin trading on exchanges is on the rise, fueled by a sustained increase in the average investor's profits.

Azcnews (3)
News | Blockchain | Editor Choice | Policy & Regulations 27/02/2024

Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma

Some users on X praised Buterin for championing open-source software, while others highlighted certain issues associated with Linux.

Azcnews (1)
News | Altcoin | Editor Choice 27/02/2024

OKX to List QnA3.AI’s GPT Token on its Spot Market

Today, February 27, 2024, OKX, a leading cryptocurrency exchange and Web3 technology company, revealed its most recent advancements.

Top views
1
OKX to List QnA3.AI’s GPT Token on its Spot Market
2
Vitalik Proposes Open-Source Fix for Elon Musk’s Dilemma
3
Analyst Forecasts Bitcoin to Reach $100,000 by 2024
4
SOL Price Plummets, Buy the Dip Opportunity
5
Analyst Predicts Potential Upsurge for XRP
6
Record-Low Outflows for GBTC Amid Bitcoin Price Surge
7
What is QNA Token? QnA3 Integrated AI Technology DApp
8
Ethereum Surges to Highest Level in 2 Years, Reaching $3,200
9
Bitcoin Surges to $55,000 as ETF Capital Inflows Set Record
10
Crucial Bitcoin Trading Levels to Watch
About AZC.News

About Us
Contact Us
Advertise
Recruitment
Market

Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge

Research
Glossary
Earn

Airdrop
Social Community

Copyright 2024 © AZ Coinerews

About Us
Contact Us
Advertise
Recruitment
Market

Analytics
Top Crypto Exchange
Top Cryptocurrency
Knowledge

Research
Glossary
Earn

Airdrop
Social Community

Copyright 2024 © AZ Coiner