Two Months After: Dencun Upgrade's Impact on Ethereum
by Staking Rewards
Published on May 8, 2024
TL;DR;
Dencun Upgrade: Launched March 13th on Ethereum mainnet.
Improvements: Enhanced network scalability and reduced transaction costs.
Components:
Cancun: Uses EIP-4844 for efficient "shard blob transactions."
Deneb: Employs EIP-7514 to strengthen consensus and stabilize validators.
Results: Overcame early compatibility issues, achieving 96% validator compliance in one month, boosting network stability and managing validator growth.
