Two Months After: Dencun Upgrade's Impact on Ethereum
by Staking Rewards
Published on May 8, 2024
TL;DR;
- Dencun Upgrade: Launched March 13th on Ethereum mainnet.
- Improvements: Enhanced network scalability and reduced transaction costs.
- Components:
- Cancun: Uses EIP-4844 for efficient "shard blob transactions."
- Deneb: Employs EIP-7514 to strengthen consensus and stabilize validators.
- Results: Overcame early compatibility issues, achieving 96% validator compliance in one month, boosting network stability and managing validator growth.
