Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Ethereum’s Dencun upgrade goes live on Sepolia testnet

Ethereum’s Dencun upgrade goes live on Sepolia testnet

The BlockThe Block2024/01/31 03:04
By:The Block

Quick Take The upgrade, when deployed on the mainnet in the future, is expected to significantly lower fees and increase scalability.

Ethereum’s Dencun upgrade goes live on Sepolia testnet image 0 Ethereum’s latest major upgrade Dencun went live on the Sepolia test network on Tuesday, leaving just one more testnet before its anticipated “proto-danksharding” feature comes to fruition.

Dencun deployment on Sepolia commenced at 22:51 UTC Tuesday and was finalized soon after. “Blobs are now flowing in Sepolia,” Parithosh Jayanthi, DevOps engineer at the Ethereum Foundation, wrote in a post on X. “Uneventful testnet forks are the best ones!”

Ethereum core developers deployed the upgrade on the Goerli testnet earlier this month. The upgrade’s initiation on the third and final testnet Holesky is scheduled for Feb. 7. Following a third successful testnet deployment, the Ethereum team is expected to establish a mainnet launch date for Dencun.

One anticipated feature Dencun is set to bring is proto-danksharding , which aims to lower gas fees and improve scalability by introducing a new, compressed data storage mechanism called “blobs.”

“A blob-carrying transaction is like a regular transaction, except it also carries an extra piece of data called a blob,” Ethereum co-founder Vitalik Buterin wrote in a community explainer . “Blobs are extremely large (~125 kB), and can be much cheaper than similar amounts of calldata.” 

Ethereum’s last major upgrade, Shapella , took place in March 2023, which enabled users and validators to withdraw their staked ETH on the network. 

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

U.S. August PPI unexpectedly cools significantly, is a 50 basis point Fed rate cut possible?

The PPI data may indicate that the CPI will also cool down, adding complexity to the debate over the extent of the Federal Reserve's rate cut in September...

Jin102025/09/10 21:05
U.S. August PPI unexpectedly cools significantly, is a 50 basis point Fed rate cut possible?

The Fed's September rate cut is already a certainty—can the CPI overturn it?

The August CPI is about to be released, but Wall Street remains calm. This Thursday, the implied volatility in the stock market is lower than the average actual volatility on CPI release days over the past year and also lower than the expected volatility for the next non-farm payroll day.

Jin102025/09/10 21:04
The Fed's September rate cut is already a certainty—can the CPI overturn it?