BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home BUSINESS

Everything You Need to Know About the Upcoming Dencun Upgrade

by Sham
January 25, 2024
in BUSINESS, CRYPTO, FINANCE
Reading Time: 3 mins read
A A
2
SHARES
35
VIEWS
Share on XShare in TelegramShare on Reddit
  • 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.

JUST IN: Ethereum is about to change the game

Here is everything you need to know about the upcoming Dencun Upgrade 👇 pic.twitter.com/R4OsnUpK8w

— BlockNews.com (@blocknewsdotcom) January 17, 2024

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.

Tags: BlockchaincryptoDencun Upgradeethereum
Tweet1ShareShare
Previous Post

Coinbase Defends Crypto as Collectibles, Not Securities, in Court Battle

Next Post

Bankman-Fried’s Parents Challenge FTX Estate Over Property and Cash

DON'T MISS THESE! HOT OFF THE PRESS

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth
CRYPTO

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance
CRYPTO

President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

July 18, 2025
President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing
CRYPTO

President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

July 18, 2025
Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself
CRYPTO

Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself

July 18, 2025
Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape
CARDANO

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

July 18, 2025
$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish
BITCOIN

$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish

July 18, 2025
Load More

Related News

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

Is Polkadot Dead or Just Getting Started? Here is the Shocking Truth

July 18, 2025
President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

President Trump Says Crypto is Good for the Dollar, Claiming Genius Act Will Ensure America’s Dominance

July 18, 2025
President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

President Trump Officially Signs Genius Act Into Law: Here is Why This is Game Changing

July 18, 2025
Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself

Trump Signs Genius Act Stablecoin Act, Says They Named the Bill After Himself

July 18, 2025
Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

July 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin US Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.