London, Shanghai, Cancun… What did each of these Ethereum upgrades solve?
Definition: The Cancun upgrade (Dencun) on March 13, 2024, introduced blob data, significantly reducing the cost for Layer 2 networks to submit data to the mainnet.
Why it matters: In recent years, Ethereum upgrades have focused on several areas: switching to proof of stake, optimizing the fee mechanism, and lowering data costs for Layer 2 networks.
$ETH It has been Ethereum’s native coin for paying Gas since the mainnet launched in 2015.
Markets are always full of surprises. Decide in advance what you’ll do if your judgment turns out to be wrong.
#ETH
Definition: The Cancun upgrade (Dencun) on March 13, 2024, introduced blob data, significantly reducing the cost for Layer 2 networks to submit data to the mainnet.
Why it matters: In recent years, Ethereum upgrades have focused on several areas: switching to proof of stake, optimizing the fee mechanism, and lowering data costs for Layer 2 networks.
$ETH It has been Ethereum’s native coin for paying Gas since the mainnet launched in 2015.
Markets are always full of surprises. Decide in advance what you’ll do if your judgment turns out to be wrong.
#ETH
