The widely anticipated Dencun upgrade’s deployment plan on the Sepolia and Holesky test nets was recently revealed by the network developers at the Ethereum Foundation. The upgrade will allow for more features on the Sepolia and Holesky test nets and open the door for Dencun’s successful deployment; as a result, a great deal of conjecture arose around this momentous occasion.
It is important to highlight that Goerli was the subject of the preliminary trials on January 17. Dencun has to be integrated into the initial testnet before the official release and roadmap announcement to ensure its stability and a smooth upgrade to a new version of Ethereum.
The implementation is a major step forward from the first testing stage to the real-world implementation. This final deployment has been eagerly awaited by Ethereum developers and users alike since it is widely believed to usher in a new era for Layer 1 Blockchain networks that are centered around smart contracts.
Dencun, which involves adjustments to the Ethereum blockchain network’s consensus and execution levels, is explained in a blog post by the Ethereum Foundation. Many noteworthy changes will be included in the upgrade, such as the EIP-4844 for Shard Blob Transactions. This will help to lower the transaction fees associated with Layer 2.
Two more noteworthy improvements are EIP-1153, which handles temporary storage opcodes, and EIP 4788, which adds a beacon block root to the EVM. This Dencun upgrade aims to improve the Ethereum Foundation’s accessibility and usage by lowering transaction costs and speeding up transaction times, which will expand the Ethereum blockchain network’s flexibility and usefulness across industries.
Because of the huge decrease in transaction costs, Dencun’s integration with the Ethereum blockchain will consequently greatly enhance its use and accessibility. This will undoubtedly encourage the launch of other layer two technologies.
