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Ethereum News

Ethereum Upgrade: Dencun Testing on Goerli by January 17

The developers want to upgrade Sepolia's testnet by January 31 and Holesky's network by February 7.

Written By Jalpa Bhavsar
Published 2023-12-21
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Ethereum Faces Growing Competition in Blockchain Industry

Ethereum developers revealed during a biweekly call that the Dencun upgrade might be tested on Goerli’s Testnet on January 17. The development of Dencun was impeded by technical issues that persisted until Q4 of 2023.

Proto-danksharding is an update (EIP-4844) that attempts to reduce layer-2 rollup fees and increase blockchain space for data blobs. By expanding Ethereum’s blockchain’s data storage capacity, this development should increase transaction capacity without increasing gas prices.

The developers want to upgrade Sepolia’s Testnet by January 31 and Holesky’s network by February 7, barring any disruptions and presuming Dencun tests properly on Goerli. The biggest Ethereum test chains are represented by these splits. 

Though this schedule is susceptible to change based on developments, the end of February was the last soft objective for deploying Dencun to the Mainnet.

With the release of Shapella’s update, engineers enabled withdrawal capabilities for staked Ether (ETH). Dencun is the first significant technological advancement since then. 

Also Read: Ethereum Will Outperform Bitcoin in Next Year: JPMorgan

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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