Ethereum (ETH): Update on Status of Upcoming Deneb Upgrade
The Ethereum blockchain's upcoming Cancun-Deneb (also known as Dencun) upgrade will improve the network's scalability and security.
Deneb is the upgrade name for the Ethereum Consensus Layer (CL), while Cancun refers to the update for the Ethereum Execution Layer (EL).
The Cancun upgrade, according to Ethereum developers, comprises 5 EIPs that are intended to increase data storage and lower costs.
The eagerly awaited EIP-4844, commonly known as Proto-DankSharding, is included in this version and will set the groundwork for the full implementation of DankSharding.
Other EIPs considered are EIP-1153 (which decreases the cost of storing data on-chain, thereby enhancing block space), EIP-4788 (which enhances the design of cross-chain bridges and stake pools), EIP-5656 (which adds minor code alterations of the Ethereum Virtual Machine) and EIP-6780 (which eliminates code that could terminate smart contracts).
Read more on U.Today https://u.today/ethereum-eth-update-on-status-of-upcoming-deneb-upgrade
The Ethereum blockchain's upcoming Cancun-Deneb (also known as Dencun) upgrade will improve the network's scalability and security.
Deneb is the upgrade name for the Ethereum Consensus Layer (CL), while Cancun refers to the update for the Ethereum Execution Layer (EL).
The Cancun upgrade, according to Ethereum developers, comprises 5 EIPs that are intended to increase data storage and lower costs.
The eagerly awaited EIP-4844, commonly known as Proto-DankSharding, is included in this version and will set the groundwork for the full implementation of DankSharding.
Other EIPs considered are EIP-1153 (which decreases the cost of storing data on-chain, thereby enhancing block space), EIP-4788 (which enhances the design of cross-chain bridges and stake pools), EIP-5656 (which adds minor code alterations of the Ethereum Virtual Machine) and EIP-6780 (which eliminates code that could terminate smart contracts).
Read more on U.Today https://u.today/ethereum-eth-update-on-status-of-upcoming-deneb-upgrade
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