Ethereum developers deploy Dencun update to Sepolia testnet
Ethereum developers have successfully deployed the Dencun update to the Sepolia testnet. The hard fork includes several tools that are designed to reduce fees on the Ethereum blockchain, while additionally providing new opportunities for bridges and stabilization funds. This was not the first attempt to deploy the update to the test network, however, as developers did not provide launch details, but noted that Sepolia has been update d to Dencun. Sepolia has finalized! Sorry for an uneventful upgrade https://t.co/86HXWRGO7a — terence.eth (@terencechain) January 30, 2024 Dencun is also implementing proposal EIP-4844, known as “proto-danksharding.” It is designed to scale the network by creating a new transaction type to store more data. The developers expect that the update will reduce transaction fees in second-level (L2) networks based on roll-up technology. You might also like: Speed vs decentralization: could L2 solutions undermine cryptocurrency core ethos? ...