Ethereum Update: Dencun Upgrade on the Horizon
Ethereum's journey to a more scalable and efficient network continues! The Dencun upgrade, expected in Q1 2024 (which has already passed), is a major step forward.
Key benefits of Dencun:
Lower fees: Proto-danksharding, a key feature of Dencun, aims to reduce gas fees on layer-two (L2) transactions, making it more affordable to use Ethereum applications.
Increased scalability: The upgrade paves the way for future sharding implementation, which will significantly increase the network's capacity to process transactions.
Ethereum's successful Merge to Proof-of-Stake last September (you can mention September 2022) was a game-changer, making the network more energy-efficient and secure. Dencun builds on this progress, setting the stage for even wider adoption of Ethereum.
Stay tuned for further developments!
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