"Ethereum's Dencun Upgrade: Blockchain Locks, Reduced Fees, and Bee Movie on Mainnet"
TL;DR
Blast, a layer-2 blockchain built on Ethereum, experienced a one-hour mainnet freeze during Ethereum's Dencun upgrade, causing a halt in block production. Competitor Arbitrum announced a 24-hour integration period for the upgrade to reduce Ethereum fees. Despite the freeze, Blast's largest protocol, Orbit Finance, saw a 32% increase in total value locked, but its native token's value plunged by over 20% after being issued on March 8.
Topics:businesscryptocurrencyblockchain#blast#cryptocurrencyblockchain#dencun-upgrade#ethereum#mainnet-freeze#orbit-finance
- Blast Blockchain Locks Up Amid Ethereum's Dencun Upgrade CoinDesk
- Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees CoinDesk
- ETH stans are using blobs to get Bee Movie on mainnet for as little as $5 Cointelegraph
- Ether dips 0.5% after rollout of network's biggest tech upgrade in nearly a year CNBC
- Ethereum's fix for its gas fee problem is now live: What you need to know about the Dencun upgrade Fortune
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