Last Updated on February 29, 2024
Ethereum developers have successfully deployed the Dencun update to the Sepolia testnet, which aims to improve the network’s scalability by introducing proto-danksharding, a method that allows rollups to post data on Ethereum at lower costs by at least 10 times, significantly reducing gas costs for users.
However, Ethereum client developers have confirmed that the anticipated Dencun upgrade will not be implemented in a network hard fork before the end of 2023. The upgrade marks the second step for Ethereum’s transition to a proof-of-stake blockchain, away from the more energy-intensive proof-of-work chain that it was before the Merge.
The core issue of The Surge phase is to significantly improve the performance of Ethereum and reduce transaction costs by introducing technologies such as sharding and rollups.