📝Hi, I’m 10, this is the popular science branch of the #区块链发展史 series, this issue’s content: What to do to upgrade Cancun!
The Cancun upgrade is the next planned upgrade for the Ethereum blockchain, which aims to improve its scalability, security, and usability. The upgrade consists of two parts: Cancun and Deneb. Cancun is an upgrade to the execution layer, responsible for processing smart contracts and transactions. Deneb is an upgrade to the consensus layer, responsible for securing the network and validating blocks.
The core feature of the Cancun upgrade is EIP-4844, also known as Proto-Danksharding. This is a proposal that introduces a new way to store and retrieve off-chain data through Ethereum nodes. This will enable second-layer scaling solutions, such as rollups, to access more data at a lower cost and increase the network's transaction throughput.
Proto-Danksharding is a prelude to full Danksharding, the final stage of the ETH 2.0 roadmap. Danksharding will split the Ethereum network into multiple parallel chains, called shards, which can communicate and share data with each other. This will further improve the scalability and performance of the network.
The Cancun upgrade is expected to go live in late 2023 or early 2024, but no specific date has been given. The Ethereum Foundation said it will release a testnet at least two months before the upgrade. The upgrade will require a hard fork, which means that all nodes must update their software to the latest version, otherwise they will be left on an incompatible chain.
The Cancun upgrade is an important milestone for Ethereum as it will pave the way for full Danksharding and unlock the potential of second-layer technologies. By reducing gas fees and increasing transaction speeds, the upgrade will improve user experience and promote innovation on the Ethereum platform.
Most of the article content comes from the Internet. If there are any errors, please leave a comment and let me know. Thank you!
Table of contents of blockchain development history series: https://twitter.com/0x10_btc/status/1698385515752599652