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Ethereum News

Dencun’s Ethereum Mainnet Blob Upgrade Set for March 13

Based on current estimates, this slot is expected to occur around 8:55 am ET on March 13.

Written By Dishita Malvania
Published February 9, 2024 7:44 AM
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Dencun’s Ethereum Mainnet Blob Upgrade Set for March 13

The Ethereum Foundation’s Tim Beiko has announced that core Ethereum developers have set a precise time for implementing the Dencun upgrade. 

This upgrade, featuring the eagerly awaited proto-dank sharding functionality via EIP-4844, is slated for activation at slot number 8626176.

Transacting on an Ethereum rollup is about to get a whole lot cheaper.

Ethereum's next major upgrade, Dencun (EIP-4844) will be deployed live on Ethereum Mainnet on Wednesday, March 13th, at 13:55 UTC.

The blobs are coming!

— liam (@daddysether) February 8, 2024

Based on current estimates, this slot is expected to occur around 8:55 am ET on March 13. The Dencun upgrade will introduce various technical improvements, including blob transactions and temporary storage.

Ethereum developers finalized the date during an “AllCoreDevs” meeting on February 8, following the successful introduction of Dencun on the Holesky testnet on February 7.

EIP-4844 seeks to integrate off-chain “data blobs” into Ethereum transactions, allowing for additional data inclusion without impacting block processing speeds.

Proto-dank sharding is a sharding approach that introduces “blob-carrying transactions” to increase block space on Ethereum layer-2 networks like zkSync, Optimism, and Arbitrum, assisting in meeting their data storage needs.

In the Proto-dank sharding plan, each block will be limited to containing 16 blobs, each no longer than 128 kb, as outlined by Blocknative. This is anticipated to add approximately 2 MB of block space.

Also Read: Lido Dominates as Ethereum Staking Reaches New Heights

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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