Network capacity is a growing issue for Ethereum. The Dencun upgrade may help, but the broader solution lies in multi-chain solutions — appchains and rollups.
Ethereum (ETH) has its limitations. It was clear from the beginning that the existing technology would be unable to handle large volumes of transactions. With its increasing use cases across and critical importance to various sectors, implementing innovative solutions to scale the network is imperative. The Dencun upgrade — scheduled to occur on March 13 — is a step in the right direction, but it is only a short-term patch where a sustainable, long-term solution is needed.
Finding a balance between scalability, security, and decentralization has been a long-standing issue of the blockchain trilemma. However, multi-chain solutions, with their emphasis on interoperability and security, have the potential to help Ethereum reach its full potential.
The Dencun upgrade, aimed at enhancing Ethereum’s scalability, is currently being implemented across testnets. While a bug caused an upgrade delay on the Goerli testnet, the deployment on Sepolia and Holesky went pretty smoothly.
