Everything You Need to Know About the Upcoming Dencun Upgrade

• The Dencun upgrade was launched on the Goerli testnet, introducing “proto-danksharding” which aims to improve Ethereum’s scalability to handle over 100,000 transactions per second.
• Proto-danksharding will enable Ethereum to become a truly scalable blockchain via Layer 2 solutions, making transactions cheaper for users.
• The successful testnet launch of Dencun brings Ethereum closer to deploying major scalability upgrades like proto-danksharding on the mainnet, helping it maintain dominance as a leading blockchain.

Ethereum‘s Dencun upgrade went live on the Goerli testnet today, bringing the network one step closer to solving its scalability issues.

What is the Dencun Upgrade?

The Dencun upgrade introduces “proto-danksharding”, which will allow Ethereum to scale and handle over 100,000 transactions per second via Layer 2 solutions. This aims to address Ethereum’s current scalability problems that make transactions slow and costly.

Launch on the Goerli Testnet

The Dencun upgrade was launched on the Goerli testnet on Wednesday. This allows developers to try out the upgrade features before it goes live on the mainnet. After some initial debugging, the testnet fork finalized successfully.

Benefits of Proto-Danksharding

Proto-danksharding will enable Ethereum to scale and become a truly scalable blockchain. Along with future upgrades like danksharding, it will make Layer 2 transactions cheap for users. The goal is for Ethereum to eventually handle 100,000 transactions per second.

The Road Ahead

The Dencun upgrade will be a hard fork that requires validator upgrades. Ethereum developers are nearing the final stages of planning. Once live on the mainnet, Dencun and proto-danksharding will significantly improve Ethereum’s scalability.

Conclusion

The launch on Goerli brings Ethereum a step closer to major scalability improvements. Dencun and proto-danksharding aim to make the network faster, cheaper, and able to handle vastly more transactions. This will help Ethereum maintain its position as the leading blockchain for decentralized apps and finance.