👉👉👉 #Ethereum's 'Dencun' Upgrade Goes Live on Second #Testnet , With Just One Remaining
The Ethereum #blockchain has achieved a significant milestone with the deployment of the "Dencun" upgrade on the second of its three test networks, bringing the much-anticipated "proto-danksharding" feature a step closer to reality.
Proto-danksharding aims to lower transaction costs for layer-2 blockchains and make data availability more economical by introducing a compartmentalized space for data called "blobs." As the number of layer-2 chains built on Ethereum continues to grow rapidly, this upgrade is considered crucial for supporting the ecosystem's expansion.
The Dencun upgrade on the Sepolia testnet took place on Thursday at 22:51 UTC and finalized at 23:10 UTC. Sepolia is the second of three testnets where Dencun is being simulated. Earlier this month, Dencun was deployed on the Goerli testnet, although it initially failed to finalize.
The final Ethereum testnet, Holesky, is scheduled to undergo the Dencun upgrade on February 7. Following successful testing on Holesky, developers will determine the activation date for Dencun on the Ethereum mainnet.
Dencun, initially projected for the final quarter of 2023, represents the most significant upgrade for Ethereum since the Shapella upgrade in March 2023, which enabled the withdrawal of staked ether ($ETH ).
Source - coindesk.com
