Ethereum devs expect 10x lower rollup costs as Dencun upgrade hits testnets

Ethereum layer 2 rollups stand to benefit significantly from the systematic Dencun upgrade, which hit the Goerli testnet in January 2024.

Buy physical gold and silver online

The Ethereum ecosystem is edging closer to significantly lower gas fees and faster transaction speeds for layer 2 rollups as the Dencun upgrade hits the network’s three testnets in early 2024.

The Dencun network upgrade was activated on the Goerli testnet on Jan. 17, introducing several Ethereum Improvement Proposals (EIPs). Of particular interest is EIP-4844, which enables proto-danksharding, a highly anticipated improvement that is touted to reduce L2 transaction fees.

Urosevic sums up the end game of Dencun's upgrade on the Ethereum mainnet, commenting that its implementation will ma first time scalability issues are addressed directly on the mainnet. Multiple EIPs will bring greater storage efficiency, lower gas fees, and an overall better experience for developers, while making rollups even more cost-efficient,” Urosevic said.

Read more

About the author

Why invest in physical gold and silver?
文 » A