Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum developers’ target for the first testnet deployment is January 2024.
ETHEREUM NEWS

Ethereum developers’ target for the first testnet deployment is January 2024.

By Crypto FlexsDecember 23, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum developers’ target for the first testnet deployment is January 2024.
Share
Facebook Twitter LinkedIn Pinterest Email

A note on the official Ethereum GitHub repository states that the testing phase of the upcoming Ethereum upgrade, named Dencun, will begin on January 17.

The Goerli testnet will be the first to receive the upgrade, while the Sepolia and Holesky testnets will receive the upgrade in the coming weeks. However, the Ethereum team did not disclose the exact timing of the upgrade mainnet launch.

It was originally scheduled for remodeling in the fourth quarter of 2023, but was postponed to 2024 due to engineering issues.

Tim Beiko, head of protocol support at the Ethereum Foundation, pointed out that the deadline is flexible and can be modified if serious issues arise.

To give stakeholders a week’s notice that the upgrade is ready, the team plans to publish a blog post explaining the fork during the week of January 8, 2024.

Source: GitHub

What does tenkun mean?

The star name and city name Deneb and Cancun used for the consensus layer client upgrade and execution layer client upgrade respectively are the source of the Ethereum network update named Dencun.

Technically speaking, this will be important for Ethereum as it will introduce the well-known EIP-4844, commonly referred to as Proto Dank Sharding.

The latest update includes a variety of tools designed to reduce costs, provide additional features such as staking pools and bridges, and limit the use of self-destruction features in smart contracts.

Therefore, if no major problems arise, we are reviewing the next schedule.

– Görli: January 17, 6:32:00 UTC
– Sepolia: January 30 22:51:12 UTC
– Holsky: February 7, 11:34:24 UTC

… And mainnet 🫡 pic.twitter.com/JFRt0ZHAi8

— timbeiko.eth ☀️ (@TimBeiko) December 21, 2023

Abort Options

During the call, Beiko stated that they may cancel if any serious or unexpected problems are discovered. He also noted that the goal is to publish the fork’s blog post in the first week of January, giving users at least a week to complete revisions.

“Of course, if we find any serious problems or strange things happening before then, we can cancel at any time,” he said. “This means that ideally we would publish a blog post about the fork during the week of January 8th, so people have at least a week to update.”

Ethereum currently trading at $2,288.52 territory. Chart: TradingView.com

Dencun: The technical aspect

In more technical terms, Ethereum Improvement Proposal (EIP) 4844 or “proto-danksharding” is one of the key elements of Dencun. This proposal allows layer 2 rollup networks such as Arbitrum, Base, Polygon zkEVM, etc. to temporarily store specific transaction data with the help of the recently developed “blob” format.

Unlike the current practice of permanently retaining data in a “CALLDATA” field on the blockchain, blobs will have an 18-day deletion period. Ethereum creators predict that proto-danksharding will significantly reduce layer 2 transaction fees.

The testing phase of Ethereum updates often lasts several months before mainnet launch. Pre-release, codenamed ‘Shapella’, began testing on February 7th. The mainnet was launched on April 12th.

At the time of writing, Ethereum was trading at $2,287, down 1.3% and 1.7% over the past 24 hours and 7 days, respectively.

Featured image from Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Leeum World Fair Announcement

September 24, 2025

The FTX distributes bankruptcy $ 1.6 billion this month.

September 20, 2025

Vulnerability or orbit again? BTC has a line at $ 115K

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025

Detect the full execution bug with the induction pursing of Wake

September 25, 2025

KuCoin Appeals FINTRAC Decision, Reaffirms Commitment To Compliance

September 25, 2025

Phemex Revamps Blog To Deliver Deeper Insights And Enhanced Reader Experience

September 25, 2025

T-REX Launches Intelligence Layer To Fix Web3’s Value Distribution Problem

September 25, 2025

Are you doing a fair deal?

September 25, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

Hyperliquid launches USDH Stablecoin issued by Native Markets

September 25, 2025

Hyperliquid’s USDH Stablecoin is broadcast live at an early transaction volume of $ 2M or more.

September 24, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

LYS Labs Moves Beyond Data And Aims To Become The Operating System For Automated Global Finance

September 26, 2025

Dexari Unveils $1M Cash Prize Trading Competition

September 26, 2025

How to solve the XPL perp defect

September 26, 2025
Most Popular

Fractal ID data breach traced to 2022 hack of employee who reused passwords

July 20, 2024

New Cryptocurrency Launches, Listing and Pre-Sale Today – XRGB, Children Aid Foundation, Website AI

March 3, 2024

What happens to your cryptocurrency when you die?

August 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.