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Home»ADOPTION NEWS»Ethereum’s Dencun upgrade is live on the Sepolia testnet.
ADOPTION NEWS

Ethereum’s Dencun upgrade is live on the Sepolia testnet.

By Crypto FlexsJanuary 31, 20242 Mins Read
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Ethereum’s Dencun upgrade is live on the Sepolia testnet.
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Ethereum ETH

+1.16%
Your most recent major Denkun Upgrade The Sepolia test network went live on Tuesday, with just one more testnet left before the anticipated “proto-danksharding” feature comes to fruition.

Deploying Dencun on Sepolia It has begun It was on Tuesday at 22:51 UTC confirmed Right away. “There is now a blob running through Sepolia,” wrote Parithosh Jayanthi, DevOps engineer at the Ethereum Foundation. post on X. “Uneventful testnet forks are the best!”

Ethereum core developers have deployed an upgrade. Görli Testnet Early this month. The start of the upgrade for the third and final testnet, Holesky, is scheduled for February 7th. Following the third successful testnet deployment, the Ethereum team is expected to set a mainnet launch date for Dencun.

Among the features Dencun is expected to bring are: Proto-danshardingWe aim to lower gas fees and improve scalability by introducing a new compressed data storage mechanism called “BLOB”.

“A blob-carrying transaction is similar to a regular transaction, except that it also carries an additional piece of data called a blob,” said Ethereum co-founder Vitalik Buterin. community descriptor. “Blobs are very large (~125kB) and can be much cheaper than a similar amount of call data.”

Ethereum’s last major upgrade, Chapellatook place in March 2023, allowing users and validators to withdraw ETH staked on the network.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful 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.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

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