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Dencun update: Ethereum on its way to a cost-effective blockchain future by serfis3

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· @serfis3 ·
Dencun update: Ethereum on its way to a cost-effective blockchain future
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The Ethereum network has successfully implemented the Dencun update on the Goerli test network. This major achievement is part of Ethereum's strategy to implement cost-effective storage solutions on the blockchain.
The Dencun update, also known as "Cancun-Deneb," successfully launched on the Goerli test network on January 17 after a short four-hour delay caused by a technical glitch.
This upgrade promises significant benefits when deployed on the main network. Dencun's main feature, "proto-danksharding," aims to improve data availability and reduce transaction costs for Layer 2 blockchains such as Optimism, Base, Polygon zkEVM and others popular as alternatives for transaction processing on the Ethereum core network.
The growth of these networks has been limited by the high data transfer costs of the current structure. The update will also make changes to self-destruct operations and add new features for bridges and steaking pools.
Dencun's initial launch delay was caused by a chain split related to a bug in Ethereum's Prysm implementation that prevented synchronization with other nodes. The developers promptly fixed the problem.
The next major phase of Dencun testing is scheduled for January 30 on the Sepolia test network, followed by the Holesky test network on February 7. No date has yet been announced for the rollout of the update to the main network.

It is important to note that there is a negative attitude towards Ethereum, where concerns are expressed about data security and the efficiency of the project.

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