Ethereum's Dencun Upgrade Set for March 13, Promises Lower Fees and Enhanced Performance
The Dencun upgrade, introducing proto-danksharding, is expected to significantly reduce transaction costs and improve data handling on Ethereum.
- Ethereum's Dencun upgrade, scheduled for March 13, will introduce proto-danksharding, aiming to make Layer 2 solutions like zkSync more affordable.
- Proto-danksharding, or EIP-4844, will allow for the inclusion of more data in Ethereum transactions without affecting block processing times, potentially reducing transaction fees ten-fold.
- The upgrade is anticipated to enhance the performance of Layer 2 networks by enabling increased data capacity and more efficient data handling.
- zkSync, leveraging the Boojum STARK-based proof system, will be able to publish more data to Ethereum, leading to larger batch sizes and cheaper transactions.
- The Dencun upgrade follows a series of successful test deployments, marking a significant milestone in Ethereum's development.