Ethereum developers make a big announcement that will change everything!

Ethereum network developers have just announced the deployment schedule for Dencun, the much-anticipated update that is expected to enhance performance and further reduce transaction fees.

Dencun, Ethereum’s ultimate update for maximum accessibility

Ethereum developers are creating buzz with a major announcement about the key milestones of Dencun. According to Tim Beiko, the update will first activate its features on the Sepolia and Holesky testnets, on January 30th and February 7th, respectively.

These highly anticipated activations on testnets pave the way for a successful deployment of Dencun on the mainnet, after a series of conclusive tests. It’s worth noting that preliminary trials have already taken place on January 17th on Goerli.

The integration of Dencun into Sepolia and Holesky is critical before its official launch. It aims to validate its robustness and ensure a smooth transition to this new version of Ethereum.

Tim Beiko emphasizes: if the tests meet expectations, the launch date of Dencun will be announced on the mainnet. Furthermore, he urges operators to update their nodes for flawless deployment on D-Day.

Concrete changes that crush fees

Dencun continues the revolutionary work started by Shapella in 2023, this time by integrating the much anticipated “EIP-4844” update, better known as “Protodanksharding”.

This fundamental advancement is expected to drastically reduce transaction fees for Ethereum-based layer 2 solutions. We’re talking about a dramatic 90% drop for protocols like Optimism or Arbitrum!

The implications of Dencun are therefore huge in terms of accessibility and increased use of the Ethereum blockchain, thanks to this radical cost reduction. Its implementation will also undoubtedly stimulate the emergence of new layer 2 innovations.

In summary, this announcement generates immense interest from both investors and developers. The upcoming activation of Dencun will mark a decisive milestone for Ethereum, thus strengthening its dominant position in the blockchain market. Its rollout is already the talk of the crypto ecosystem!