Ethereum Dencun upgrade: opening up a new path for second-layer network transactions 🚀💥

Recently, an important upgrade of Ethereum, the Dencun upgrade, has been launched on the Goerli testnet. This is an upgrade that provides more space and efficiency for Ethereum's second-layer transactions. This article will introduce the content, significance and impact of the Dencun upgrade to help readers understand the latest developments and prospects of Ethereum. 🌐📈

What is the Dencun upgrade? 🔍

The Dencun upgrade is an upgrade of the execution layer and consensus layer of Ethereum, including multiple improvement proposals, such as EIP-4844, EIP-1153, EIP-6780, EIP-4788, EIP-5656, and EIP-7516. These improvement proposals involve Ethereum's transaction format, operation codes, storage, verifiers, signatures, etc., aiming to improve the scalability, security and sustainability of Ethereum. 💪🔒

The core of Dencun upgrade is EIP-4844, also known as Proto-Danksharding or Shard Blob Transactions. This proposal introduces a new transaction type called Blob transaction, which can store more data unlike ordinary transactions. That is limited by Calldata. Blob transactions are mainly used to store second-tier transaction data, such as Rollups, which can reduce the cost of second-tier transactions and improve the throughput of second-tier transactions. Blob transaction data will be automatically deleted after a certain period of time. It will not occupy Ethereum’s storage space permanently. 🌊💾

The Dencun upgrade also includes some other improvements, such as:

😲 EIP-1153: Add transient storage opcodes for reading and writing temporary data within the block, reducing storage costs and gas consumption.

🔀 EIP-6780: Modify the function of the SELFDESTRUCT opcode so that it can only be used in the same transaction to prepare for the future introduction of Verkle Tree.

⛽️ EIP-4788: Modify the Gas calculation method of the SLOAD opcode so that it is proportional to the storage usage to prevent storage abuse and waste.

⚙️ EIP-5656: Modify the exit mechanism of the verifier so that it can voluntarily exit at any time without waiting for the minimum exit delay, improving the flexibility of the verifier.

🔒 EIP-7516: Modify the growth rate of the number of validators so that it is inversely proportional to the block time of the beacon chain, keeping the number of validators within a reasonable range and improving the security of the network.

The Dencun upgrade is an important milestone in the Ethereum upgrade roadmap. It prepares for Ethereum’s future sharding and data availability sampling, and also opens up new space and efficiency for Ethereum’s second-layer transactions. 🌈 ⚡️

How will the Dencun upgrade affect the network? 🌐📈

The Dencun upgrade will have some positive impacts on the Ethereum network, mainly reflected in the following aspects:

🔓 Reduce the cost of second-layer transactions: Since Blob transactions can store more data and do not need to be saved permanently, the data availability cost of second-layer transactions will be greatly reduced, thereby reducing the total cost of second-layer transactions. According to Ethereum researchers It is estimated that after the Dencun upgrade, the fees for second-layer transactions may be reduced by more than 10 times, which will promote more users and projects to adopt Ethereum's second-layer solutions.

⚡️ Improve the throughput of Layer 2 transactions: The introduction of Blob transactions will provide more space and efficiency for the Layer 2 network, allowing more transactions to be performed on the Layer 2 network, thereby improving the overall throughput. This is very important for Ethereum This is an important development for everyone, because with the explosive growth of applications such as DeFi and NFT, network throughput has become a key bottleneck.

🔒 Improve the scalability and security of the network: The Dencun upgrade includes many improvements to storage, validators and Gas calculations, which will improve the scalability and security of Ethereum. By optimizing storage and reducing storage abuse, Ethereum The storage resources of the forum can be used more effectively, and the adjustment of the exit mechanism and number growth rate of validators will improve the stability and attack resistance of the network.

Overall, the Dencun upgrade will bring better user experience, lower fees and higher throughput to Ethereum’s second-layer transactions, while also laying a solid foundation for Ethereum’s scalability and security. Foundation. This will further promote the development and innovation of Ethereum and provide support for more application scenarios.#Ethereum; #Dencun升级 #aisi #BRC20铭文