- The Ethereum blockchain is approaching a significant upgrade.
- Named "Dencun," this upgrade is expected to be implemented on the mainnet in the first quarter of 2024.
What's the story?
- At the center of the upgrade is a cost reduction for publishing large volumes of data on the Ethereum network.
- This sharply reduces the operating costs for operators of so-called Layer 2 networks.
- Preliminary tests on the Goerli testnet are already showing impressive results.
Good to know
- A key component in the operation of Layer 2 networks is currently the "sequencer," responsible for processing and ordering transactions.
- Looking ahead, we expect a significant advance in this area: the deployment of distributed sequencer technologies.
- These will not only increase efficiency but also further improve the decentralization and security of the network.
Translated from the German original, which is the authoritative version. Read the German version
