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    Home » Ethereum's Dencun upgrade goes live on the Sepolia testnet
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    Ethereum's Dencun upgrade goes live on the Sepolia testnet

    ZEMS BLOGBy ZEMS BLOGJanuary 31, 2024No Comments2 Mins Read
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    published 1 minute ago on

    The latest Ethereum specializations Upgrade Dencun It went live on the Sepolia testnet on Tuesday, and there's only one more testnet left before the expected “proto-danksharding” feature comes to fruition.

    Dencun published in Sepolia seem It was 22:51 UTC on Tuesday It's finished almost. “Bubbles are now flowing in Sipolia,” Parithosh Jayanthi, a DevOps engineer at the Ethereum Foundation, wrote in an article. mail on X. “Quiet testnet forks are the best!”

    Ethereum core developers posted the upgrade on Gurley testnet Advance this month. The upgrade is scheduled to begin on the third and final Holesky testnet on February 7. After the successful third testnet deployment, the Ethereum team is expected to set a mainnet launch date for Dencun.

    One of the expected features that Dencun is set to offer is proto-dankshardingwhich aims to reduce gas fees and improve scalability by introducing a new mechanism for storing compressed data called “blobs.”

    “A transaction that holds a pip is like a regular transaction, except it also holds an additional piece of data called a pip,” Vitalik Buterin, co-founder of Ethereum, wrote in an article. Community interpreter. “The blobs are very large (about 125 kilobytes), and can be much cheaper than similar amounts of communication data.”

    Ethereum's last major upgrade, ShabellaIt was held in March 2023, enabling users and validators to withdraw their ETH on the network.

    Disclaimer: The Block is an independent media outlet that provides news, research and data. As of November 2023, Foresight Ventures is the majority investor in The Block. Foresight Ventures is investing in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is a core program of Foresight Ventures. The Block continues to work independently to provide objective, influential and timely information about the cryptocurrency industry. Below are our current financial disclosures.

    © 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.



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