Shanghai Update
The evolution in Ethereum's roadmap came with the Shanghai Update, launched in April 2023. This update, notable for introducing EIP-4895, brought a crucial innovation by allowing ETH validators to unlock staked funds on the network. As a direct result, staked ETH and associated rewards became readily accessible, leading to a substantial increase in ETH liquidity in the cryptocurrency market.
The Merge
The "Merge" update involved a fundamental transition of Ethereum's consensus mechanisms from Proof of Work (PoW) to Proof of Stake (PoS). This change resulted in a more sustainable and energy-efficient Ethereum.
The Surge
The "Surge" aims to increase Ethereum's processing capacity to up to 100,000 transactions per second through the implementation of Sharding, a scalability technique.
Dencun Fork
The Dencun update on the Ethereum Mainnet brings with it the implementation of six Ethereum Improvement Proposals (EIPs) focused on execution logic. Among these, EIP-4844 stands out for introducing innovative functionality specifically tailored for second-layer solutions, promising a significant reduction in transaction fees.
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