Ethereum Dencun Upgrade Explained
Discover Ethereum's Dencun upgrade and its key improvements for scalability and security.
The Dencun upgrade activates on Ethereum mainnet at epoch 269568, on March 13, 2024.
Understanding Cancun-Deneb Upgrade
The Dencun upgrade significantly improves Ethereum's scalability, efficiency, and security by modifying both the consensus and execution layers.
Major EIPs:
- EIP-1153: Transient storage opcodes
- EIP-4788: Beacon block root in the EVM
- EIP-4844: Shard Blob Transactions
- EIP-5656: MCOPY - Memory copying
- EIP-6780: SELFDESTRUCT limitation
- EIP-7044: Voluntary exits
- EIP-7045: Attestation slot
- EIP-7514: Epoch churn limit
- EIP-7516: BLOBBASEFEE
Proto-Danksharding
A core feature, ProtoDanksharding (EIP-4844), introduces ephemeral data blobs, enhancing transaction speed and reducing fees.
Blob-Carrying Transactions
Blobs allow additional transaction data storage off-chain, significantly lowering transaction costs.
Key Highlights
- Gas Fee Reduction: Lower transaction costs.
- Optimized Storage: Reduced on-chain storage.
- Enhanced Interoperability: Better Layer 2 integration.
- Scalability and Security: Improved network resilience.
Impact on Ethereum
The upgrade enhances transaction speed and scalability, paving the way for increased adoption and smoother dApp interactions.
Conclusion
Dencun reinforces Ethereum’s scalability, efficiency, and security, positioning Ethereum as a robust platform for decentralized applications.
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