Thanks for your time and bunch of tech chat. I can't wait the intense network testing . Ready. @heeheejin.
13 Nov 2023, 09:36
Thanks for your time and bunch of tech chat. I can't wait the intense network testing ;)
Ready..? @heeheejin
@hyungkyu_hqueue @stakewise_io @dsrvlabs
Same news in other sources
213 Nov 2023, 09:51
š Token Spotlight: Ethereum (ETH) and the upgrade will help the ecosystem "transform"
Dencun is the next upgrade of the Ethereum network after the Shapella upgrade was completed on April 12, 2023. Dencun is a combination of Deneb and Cancun upgrades, so it is called Dencun again.
Dencun includes five Ethereum Improvement Proposals (EIPs) that increase storage space for data and reduce fees. The focus of this upgrade is EIP-4844, otherwise known as proto-danksharding. This feature will extend the blockchain by creating more space for data "blobs", which in turn is expected to reduce gas fees for layer 2 rollups.
š¤ What major upgrades will ETH receive to help the project thrive in the future?
š ETH will reduce fees for Layer 2 post-upgrade. Among the improvements, one of the highlights is the reduction of call-data costs that Layer 2 has to pay in each block for Layer 1. This facilitates Layer 2s to achieve greater returns.
š ETH will be enhanced with network-wide security. The second impact relates to network security. Despite their low cost, Layer-2s still have doubts about their centralization and security. Currently, most rollups do not fully apply the fault proof model. In addition, ZK-Rollups also face difficulties in optimizing the cost of creating ZK-Proof when the network does not have enough initial transactions. This upgrade will help improve the security of ETH as well as the active Layer-2s on the network.
š ETH will be able to optimize its infrastructure for future intentions. The final impact (without significantly affecting users at the application layers) is the optimization of the operating mechanism in the infrastructure, preparing for major improvements in the future. SSZ (or Simple Serialize) is the mechanism used in Beacon Chain instead of the RLP (Recursive-Length Prefix) method in the past. EIP-4844 will lead the network in this direction of development.
With major upgrades and outstanding improvements, ETH's growth potential is extremely promising.
ā
Right now, users can Buy/Sell ETH through the ONUS app at the best rates and completely free transactions.
ā
ETHVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 100x along with the most attractive trading fees in the market.
#Token_Spotlight #ETH #ONUS #ONUSPro
Token Spotlight: Ethereum (ETH) and the upgrade will help the ecosystem "transform".
š Token Spotlight: Ethereum (ETH) and the upgrade will help the ecosystem "transform"
Dencun is the next upgrade of the Ethereum network after the Shapella upgrade was completed on April 12, 2023. Dencun is a combination of Deneb and Cancun upgrades, so it is called Dencun again.
Dencun includes five Ethereum Improvement Proposals (EIPs) that increase storage space for data and reduce fees. The focus of this upgrade is EIP-4844, otherwise known as proto-danksharding. This feature will extend the blockchain by creating more space for data "blobs", which in turn is expected to reduce gas fees for layer 2 rollups.
š¤ What major upgrades will ETH receive to help the project thrive in the future?
š ETH will reduce fees for Layer 2 post-upgrade. Among the improvements, one of the highlights is the reduction of call-data costs that Layer 2 has to pay in each block for Layer 1. This facilitates Layer 2s to achieve greater returns.
š ETH will be enhanced with network-wide security. The second impact relates to network security. Despite their low cost, Layer-2s still have doubts about their centralization and security. Currently, most rollups do not fully apply the fault proof model. In addition, ZK-Rollups also face difficulties in optimizing the cost of creating ZK-Proof when the network does not have enough initial transactions. This upgrade will help improve the security of ETH as well as the active Layer-2s on the network.
š ETH will be able to optimize its infrastructure for future intentions. The final impact (without significantly affecting users at the application layers) is the optimization of the operating mechanism in the infrastructure, preparing for major improvements in the future. SSZ (or Simple Serialize) is the mechanism used in Beacon Chain instead of the RLP (Recursive-Length Prefix) method in the past. EIP-4844 will lead the network in this direction of development.
With major upgrades and outstanding improvements, ETH's growth potential is extremely promising.
ā
Right now, users can Buy/Sell ETH through the ONUS app at the best rates and completely free transactions.
ā
ETHVNDC trading pair has been listed on the ONUS Pro exchange with a maximum leverage of up to 100x along with the most attractive trading fees in the market.
#Token_Spotlight #ETH #ONUS #ONUSPro
13 Nov 2023, 09:36
Thanks for your time and bunch of tech chat. I can't wait the intense network testing ;)
Ready..? @heeheejin
@hyungkyu_hqueue @stakewise_io @dsrvlabs
Thanks for your time and bunch of tech chat. I can't wait the intense network testing . Ready. @heeheejin.
Thanks for your time and bunch of tech chat. I can't wait the intense network testing ;)
Ready..? @heeheejin
@hyungkyu_hqueue @stakewise_io @dsrvlabs