‘Dencun’ Upgrade Officially Deployed On Ethereum Mainnet, ETH Price Holds Steady Below $4,000
[ad_1] Ethereum (ETH) has completed a major software upgrade, Dencun, that promises to make utilizing the network ecosystem more cost-effective. This update specifically targets Layer 2 (L2) networks, such as Arbitrum (ARB), Polygon (MATIC), and Coinbase’s Base, which are interconnected with Ethereum. With Dencun, transaction costs on these networks have significantly decreased, with fees dropping […]
Getting Cheaper, Getting Higher? Ethereum Dencun Upgrade And The Potential For ETH To Rise Back Above $4,000
[ad_1] The highly anticipated Dencun upgrade for the Ethereum (ETH) ecosystem is on the horizon, promising to bring significant cost reductions and notable changes to Layer 2 (L2) networks. The update, scheduled for March 13, will introduce a new data storage system known as blobs, reducing congestion on the Ethereum network and driving key new features […]
Ethereum Plans For Dencun Upgrade: Is This The End Of Roll-Ups?
[ad_1] Ye Zhang, the co-founder of Scroll, a layer-2 project using zero-knowledge proof, is cautiously optimistic about the upcoming Dencun upgrade. In a post on X, Zhang pointed out Dencun’s potential benefits, particularly the low transaction fees. However, in the same post, the co-founder highlighted the likely challenges it could present for existing layer-2 scaling solutions using […]
Justin Sun Moves $100M To Binance, Stacking Ethereum?
[ad_1] Justin Sun, the co-founder of Tron–a smart contracting platform for deploying decentralized applications (dapps), is once again moving and shuffling millions of dollars. According to Lookonchain data on February 29, Sun reportedly transferred 100 million USDT to Binance, days after moving huge sums earlier this week. Justin Sun moves $100 million USDT to Binance | Source: […]
Ethereum’s Dencun upgrade set for 2024 testnet launch
[ad_1] Ethereum developers have tentatively decided on Jan. 17, 2024, for the upcoming “Dencun” upgrade’s first testnet deployment during the latest bi-weekly dev meeting on Dec. 21. Originally slated for the last quarter of 2023, the ‘Dencun upgrade was pushed to 2024 due to the engineering complexities involved. Tim Beiko, the protocol support lead at […]