📐 Blockchain Industry | Ethereum’s Development History
· Definition: The Dencun upgrade on March 13, 2024 introduced blob data, significantly reducing the cost of submitting data from layer 2 networks to the mainnet.
· How to understand it: Ethereum upgrades are generally hard forks: node operators must upgrade their clients in advance, and the new rules take effect simultaneously at the agreed block or epoch.
· Note: Some platforms may temporarily suspend deposits and withdrawals around major upgrades, so allow extra time when planning transfers.
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