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Dencun is an update or the next stage in the development of Ethereum, representing a major step towards scaling the network. The highlight of this update is the EIP-4844 proposal, nicknamed Proto-Danksharding. An exact rollout date has not yet been set, but the update is expected to launch before the end of 2023.

Now let's discuss what Proto-Danksharding is in the context of Ethereum and its practical application.

Proto-Danksharding introduces a new type of transaction - “blob transfer transaction”, which will allow L2 rollups to work more efficiently with data and expand block storage. This transaction adds data that is not available to the Ethereum Virtual Machine (EVM). One blob can process the amount of data equivalent to 3-6 current Ethereum blocks. After Proto-Danksharding, theoretically, a maximum of 28,520 blobs can be processed daily.

This update mechanism aims to increase the availability of transactions through a new way of entering data into blocks. As a result, the network becomes more adaptive, allowing users to reduce commission costs by up to 90%. OP Labs, the team behind the Optimism protocol, predicts a reduction in the cost of rollup transactions on the main network by at least 20 times.

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