$ETH Everybody get ready on 13 March 2024 to Etherium break records due to
The Ethereum blockchain has seen significant upgrades in recent times, enhancing its scalability, efficiency, and security. These improvements address the blockchain trilemma - the challenge of balancing security, decentralization and scalability.
These ongoing enhancements are crucial for improving network performance while keeping costs low.
The upcoming Ethereum Cancun-Deneb ("Dencun") hard fork upgrade is set to be deployed on the mainnet on March 13.
This upgrade will prioritize scalability, efficiency and security through various Ethereum Improvement Proposals (EIPs), notably EIP-4844 for proto-danksharding. This proposal aims to optimize gas fees and enhance network scalability.
