Ethereum's Dencun Upgrade Final Test Successful, Mainnet Launch Imminent

The final test of the Dencun upgrade on the Holesky testnet marks a significant step towards addressing Ethereum's scalability and cost issues.

The Dencun upgrade underwent its final test on the Holesky testnet, signaling readiness for mainnet deployment.
Developers aim to significantly reduce transaction costs and enhance scalability with the Dencun upgrade, featuring 'proto-danksharding'.
The upgrade is expected to allow the Ethereum network to handle over 100,000 transactions per second.
Ethereum developers will set a date for the mainnet launch, anticipated in late February or early March.
This marks Ethereum's most significant upgrade since 'the merge' in 2022, moving towards a more efficient and scalable blockchain.