Testing ‘went very well’ — ETH devs to set Dencun hard fork date on Thursday

Ethereum Developers Set Mainnet Launch Date for Dencun Upgrade

In the world of Web 3.0, Ethereum developers are gearing up to introduce the highly anticipated Dencun upgrade on the mainnet, which is expected to bring significant improvements to the network’s efficiency and cost-effectiveness. The upgrade, set to launch on Thursday, will include several EIPs, with a focus on proto-dank sharding to reduce transaction costs on layer-2s.

Successful Testing and Upcoming Upgrades

According to Ethereum core developer Tim Beiko, the recent testing of the Dencun upgrade went smoothly, paving the way for its official launch. Beiko also highlighted key details from the All Developer Execution Call (ACDE) 180, where developers discussed the success of the recent Sepolia fork on Jan. 30 and the upcoming Holesky testnet upgrade on Feb. 7.

Major Alterations and Previous Upgrades

The Dencun upgrade, as outlined in a blog post by the Ethereum Foundation on Jan. 24, will bring significant changes to the network’s consensus and execution layers. This follows last year’s Shapella upgrade, which took place on the Ethereum mainnet on April 12, 2023. The Shapella upgrade allowed for the unstaking of Ether and was seen as a crucial step in attracting more institutional investors to the Ethereum network.

Ethereum’s Dencun Network Upgrade Expected to Launch on Mainnet by End of March

According to Ethereum core developer Tim Beiko, the highly anticipated Dencun network upgrade is expected to launch on the mainnet by the end of March, pending final approval during next week’s All Core Developers Call (ACDC).

Christine Kim, vice president of research at Galaxy Digital, shares this sentiment, estimating an 80% chance of Dencun’s mainnet activation by the end of March. However, Kim also notes that there is a 40% possibility of the upgrade going live by the end of February.

The Dencun network upgrade was recently implemented on the Goerli testnet on January 17th, introducing several key improvements such as EIP-4844, which enables proto-dank sharding. This highly anticipated enhancement is expected to significantly reduce transaction fees on Ethereum layer-2s.

Proto-dank sharding works by making data availability cheaper through the use of a new compartmentalized container called “blobs.” This will ultimately decrease the cost of rollups, which typically batch transactions and data off-chain and submit computational proof to the Ethereum blockchain.

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