“Cancun-Deneb” (also known as “Dencun”) is an upcoming upgrade of Ethereum willstartThe test is scheduled for January 17th, according to the official Ethereum GitHub log. The upgrade will be rolled out to the Goerli testnet first, then to Sepolia on January 30 and Holesky on February 7. The Ethereum team has not yet announced when Dencun will go live on mainnet.
The new upgrade includes several tools intended to reduce fees, add new bridge and staking pool features, and limit usage. self-destruct in smart contracts
According to Dencun’s developer documentation, the upgrade will include Ethereum Improvement Proposal (EIP) 4844, also known as “proto-danksharding” which willhelpLayer 2 Rollup networks such as Arbitrum, Base, Polygon zkEVM, and others can temporarily store some transaction data. Using a new format called “blobs,” blobs can be deleted after 18 days, while the current practice is to consolidate data into a “CALLDATA” field and store it on the blockchain forever. Ethereum developers Believe proto-danksharding It will significantly reduce layer 2 transaction fees.
The upgrade also includes several other proposals, including EIP-1153, which will introduce the system. Like EIP-4788, it increases transparency by storing the root of each Beacon Chain block in a smart contract that can be queried through the application. Developers expect that the information provided by EIP-4788 will be used in new features for bridges and staking pools.
Ethereum upgrades usually require a few months of testing before being rolled out to the main network. The former, codenamed “Shapella,” began testing on February 7 and launched on the main network on April 12.
refer : cointelegraph.com
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