"Ethereum's Dencun Upgrade Causes Outage, Promises Fee Reduction"
Originally Published 1 year ago — by Decrypt
Ethereum layer-2 scaling network Blast experiences block production halt following Ethereum's Dencun upgrade, but the issue is resolved within an hour. Despite the setback, Blast has seen an increase in total value locked (TVL) to over $2.9 billion as users capitalize on DeFi protocols and potential token airdrops. The Dencun upgrade aims to reduce costs for layer-2 network usage by allowing temporary storage of information.