Dencun, the biggest upgrade since the Merge, has just gone live on the Ethereum network.
The Dencun upgrade was successfully rolled out on the Ethereum mainnet, at 13:55 UTC, on March 13.
Dencun is expected to significantly reduce the transaction fees of layer-2 networks and enhance Ethereum’s overall scalability, as the most-anticipated hard fork since the Merge.
While the Dencun upgrade is a step in the right direction, it won’t improve all the shortcomings of layer-2 solutions, according to Arthur Breitman, the co-founder of the Tezos blockchain. He told Cointelegraph: