The long-awaited and anticipated next technological upgrade known as ethereum Dencun Update It is now scheduled to launch on the network's mainnet in a month.
ethereum Dencun Upgrade Goes Live in One Month
After Dencun was successfully deployed on the Holesky testnet on February 7, eth developers decided on the date and shared the information on ethereum/go-ethereum/releases/tag/v1.13.12″ target=”_blank” rel=”noopener nofollow”>Geth v1.13.12, also called Edolus. The ethereum Dencun update, which will introduce Proto-Danksharding and blobs, will be released on March 13.
Proto-Danksharding aims to increase the amount of block space on ethereum layer 2 by implementing blob bearer transactions. Transactions that contain blobs are similar to standard transactions, except that they also contain additional data.
According to a previous report, proto-Danksharding will reduce the number of blobs in each block to 16, and each one will be no larger than 128 kilobytes (KB). As a result, it is planned to increase the block space by approximately 2 megabytes (MB).
The additional data space will allow both optimistic and zero-knowledge accumulators to publish commitments to transaction data on-chain. Also, it will provide the actual data in blobs instead of “calldata”.
Dencun update marks the biggest update ethereum has been introduced since the Shanghai update. The aforementioned Proto-Danksharding, also known as eth Improvement Proposal 4844 (EIP-4844), is considered the cause of the enthusiasm around the model.
In particular, the update on the main network will take place precisely in slot 8626176 on the date indicated above. However, developer approval and GitHub confirmation are still needed for the date.
They are expected to release their final versions of ethereum clients that include Dencun functionality before February 22. As a result, validators will have just two weeks to install updated versions of the client on their nodes.
When the Dencun model is completed, the capabilities of the ethereum network will be improved. More specifically, the network would be anticipated to process between 30,000 and 100,000 transactions per second (TPS).
Additionally, it should reduce gas prices, which have been a major bottleneck for the network since its introduction, processing between 13 and 60 TPS.
Dencun implemented on Holesky Testnet
Dencun Upgrade is currently on the Holesky testnet, which launched on Wednesday, February 7. Christine Kim, a lead developer, visited X (formerly Twitter) to confirm the testnet launch.
According to Kim, it will be the last one to launch on the testnet before the mainnet goes live. So far, Dencun was deployed on the Sepolia Testnet in January before transitioning to Holesky.
When eth upgrades are made, they undergo multiple test networks to confirm that they are ready to be launched on the mainnet. This is because each test network is designed to replicate the conditions of the main network. Because of this, developers can simply check for bugs and bugs, which are then fixed before they are made available to users and the public.
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