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TL;DR
- Crucial Date: The Dencun mainnet will go live on March 13, 2024, marking a milestone in the evolution of Ethereum.
- Fee Reduction: The implementation of “ephemeral data blobs” promises to reduce layer 2 transaction fees, improving network efficiency.
- Required Update: Node operators and stakers must update their software before mainnet activation to stay connected to the network.
In an exciting development for the Ethereum (ETH) community, the upcoming Dencun mainnet launch has been announced, marking a significant milestone in the development of this leading blockchain platform.
After two years since its conception at ETHDenver, extensive testing, and a collaborative effort of developers, Dencun is ready for its mainstage debut.
Blobs are coming .oO
Dencun is scheduled for mainnet activation at epoch 29696, occurring March 13 at 13:55 UTC. See the announcement below for client release versions and other useful info about the upgrade 🤖https://t.co/9Wa3Y5M5k4
— timbeiko.eth ☀️ (@TimBeiko) February 27, 2024
The scheduled date for the activation of the Dencun mainnet is March 13, 2024, at 13:55 UTC, in the Ethereum block with epoch number 29696.
This event represents the culmination of an extensive development process, with successful testing on multiple testnets paving the way for this exciting release.
One of the highlights of this update is the introduction of “ephemeral data blobs” with EIP-4844, also known as “protodanksharding”.
This innovation promises to reduce layer 2 (L2) transaction fees, opening up new possibilities and improving network efficiency.
Additionally, several important changes have been implemented, as detailed in the associated EIPs, covering both the consensus and execution layers of Ethereum.
These changes include improvements to transient storage, the rooting of the beacon block in the EVM, and the introduction of new memory instructions, among others.
It is essential that node operators and stakers update their software before the mainnet activation date to ensure a smooth transition and continue participating in the network.
Updated versions of Ethereum clients provided to support Dencun on the mainnet
The community is encouraged to stay tuned for future announcements regarding network updates, and is offering the ability to subscribe to receive email alerts.
Additionally, interested parties are invited to follow the launch in real time via a live stream to witness this historic moment in the evolution of Ethereum.
The launch of the Dencun mainnet represents an exciting milestone in the evolution of Ethereum, with innovations that promise to improve the scalability and efficiency of the network.
With careful planning and collaboration, the community is ready to embrace this new phase in Ethereum’s journey towards a decentralized and prosperous future.