New update

The update was deployed on the Ethereum mainnet around 16:55 Moscow time. The price of the second largest cryptocurrency by capitalization has changed slightly since then, adding 0.05%.

What is Dencun

Dencun is the general name for an update to the Ethereum network, which is actually divided into two separate innovations: Deneb and Cancun. Deneb is the brightest star in the constellation Cygnus, and Cancun is a city in Mexico.

Deneb

Deneb is an update to the consensus level (Beacon chain) on which blocks are formed. It consists of a series of Ethereum Improvement Proposals (EIPs). There are five of them in total:
- EIP-4788: Enable consensus layer summary in Ethereum Virtual Machine (EVM);
- EIP-4844: proto-dunksharding aimed at increasing network scalability.
- EIP-7044: permanent access to the signed validator output from staking;
- EIP-7045: increased block attestation time for validators;
- EIP-7514: Update the maximum growth of validators from exponential to linear by reducing the epoch churn limit.