"Dencun Upgrade: Ethereum's Game-Changing Era Begins"

TL;DR Summary
Ethereum's Dencun upgrade has successfully gone live, marking a significant milestone for the blockchain. The upgrade is expected to substantially lower transaction costs across layer-2 networks and expand the blockchain ecosystem's capabilities. Gas fees on layer-2 networks are anticipated to immediately drop by 75%, with the introduction of proto-danksharding allowing for temporary on-chain data storage. Developers believe Dencun will revolutionize the Ethereum ecosystem, making it more efficient and capable of processing unprecedented amounts of on-chain traffic, potentially eliminating gas fees altogether.
Topics:business#cryptocurrencyblockchain-technology#dencun-upgrade#ethereum#gas-fees#layer-2-networks#proto-danksharding
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- What You Need To Know Ahead of Ethereum's Dencun Update Wednesday Investopedia
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