What is the Ethereum Dencun upgrade and why does it matter?
 

What is the Ethereum Dencun upgrade and why does it matter?

The Dencun upgrade (a combination of Deneb and Cancun improvements) is a major Ethereum network hard fork that launched in March 2024 to improve scalability, efficiency, and cost-effectiveness. Its headline feature, Proto-Danksharding (EIP-4844), introduces “data blobs” that make Layer-2 rollup transactions much cheaper and faster https://techbriefly.com/2024/03/22/d...and-its-goals/. The upgrade also includes other improvements to smart contracts, security, and validator operations, helping Ethereum support more users and usage.