"Ethereum's Dencun Hard Fork: Anticipated Cost-Cutting and Fee-Saving Measures"

1 min read
Source: CoinDesk
"Ethereum's Dencun Hard Fork: Anticipated Cost-Cutting and Fee-Saving Measures"
Photo: CoinDesk
TL;DR

Dencun, the largest Ethereum upgrade since the switch to proof-of-stake, is set to go live, making layer 2 transactions significantly cheaper and more accessible. It introduces Proto-Danksharding, changing how Ethereum stores data, and is a deviation from the original roadmap. The upgrade is a major milestone for Ethereum's scalability and will pave the way for supporting numerous rollups and secondary scaling layers, ultimately aiming to process millions of transactions per second.

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