- Ethereum’s Dencun improve went stay on the mainnet on March 13, 2024 at 13:55 UTC.
- The improve introduces “blobs” that may see a big discount in transaction charges for layer 2 protocols.
Ethereum core builders have activated the Dencun improve on the mainnet, with the extremely anticipated implementation going stay at epoch 269568 at 13:55 UTC.
Dencun was beforehand efficiently deployed on the Holesky testnet in February.
The Dencun improve is energetic
The improve introduces “blobs” with EIP-4844 set to considerably scale back transaction charges for layer 2 protocols.
Ethereum and a number of other L2 tokens surged earlier within the week because the Dencun improve loomed. Whereas costs have fallen barely over the previous 24 hours, the group is tremendous bullish on what this tough fork means for the broader Ethereum ecosystem.
The final time the group vibe was this constructive was throughout the earlier two main updates – the April 2023 Shanghai Replace and the September 2022 Merge.
The implementation of the Shanghai improve to the mainnet allowed ETH holders to withdraw their tokens for the primary time since pre-merger deposits opened. The introduction of Dencun brings information blobs to the mainnet with a proto-danksharding setup that will increase information availability and helps scale back L2 transaction charges.
Customers throughout Base, Arbitrum One, Optimism, zkSync and Starknet and different L2 platforms will profit from this discount. Workforce Arbitrum posted on X:
As soon as the replace goes stay, we count on it to take an hour or two for blob transactions to start out posting and the brand new EIP-4844 worth modifications to start out being seen.
ArbOS Atlas additionally introduces additional reductions in Arbitrum charges for Arbitrum One. We count on it to be…
— Arbitrum (💙,🧡) (@arbitrum) March 13, 2024
