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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? ...

Optimism successfully completes ‘Bedrock’ hard fork, reducing deposit times, layer-1 fees

The upgrade is part of a series of reforms meant to increase modularity in the OP Stack, allowing developers to spin up their own networks using the software. The Optimism network has concluded its “Bedrock” upgrade on June 7, reducing deposit times , lowering layer -1 fees, and enacting additional security Features , according to an announcement from network developer OP Labs. The upgrade is part of a series of reforms the developer says will help create a “Superchain” of scaleable Web3 networks based on Optimism’s OP Stack software. OP Mainnet’s migration to Bedrock has concluded and the Bedrock sequencer has started up. Key external OP Mainnet infrastructure is starting to come back online. You can track infrastructure status here:https://t.co/XTtaArdI03 — Optimism (_) (@optimismFND) June 6, 2023 In a conversation with Cointelegraph, OP Labs CEO Karl Floersch stated that Bedrock implements multiple gas optimizations the team discovered, reducing the network’s data availabi...