Ethereum Dencun Upgrade: Final Countdown Begins

  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Excitement brews in Ethereum community as Dencun upgrade set to launch in less than 24 hours

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

A March 12 update of this initial blog post explains the client releases, listing both the minimum and recommended versions.The Minimum Version column indicates the lowest Dencun-compatible release for a client, while the Recommended Version contains performance and stability improvements.has deployed a version of the Dencun upgrade on its network. Gnosis Chain, formerly known as xDai Chain, functions as a sidechain to Ethereum and is managed by GnosisDAO.

Based on estimates, costs for depositing USDC on platforms such as Aave might fall as low as $0.0091, representing a 27-fold decrease. The fee reductions for L2s could be considerably greater, potentially 60 times lower than current levels based on PolyMarket estimations. While the likelihood of fee reductions remains, the exact magnitude of such reductions resulting from the Dencun upgrade remains largely unknown.Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 295. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ethereum Dencum Upgrade: Final Countdown BeginsExcitement brews in Ethereum community as Dencun upgrade set to launch in less than 24 hours
Source: Utoday_en - 🏆 295. / 63 Read more »

What investors need to know about ‘Dencun,’ Ethereum’s next big tech upgradeEthereum's next big tech upgrade, dubbed 'Dencun,' is scheduled to take place Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Ethereum (ETH) Fees Skyrocket as Dencun Upgrade Countdown Begins: What to ExpectEthereum sees highest fees in nearly two years amid meme coin frenzy
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum’s Dencun Upgrade Could Mean Near-Zero Fees for Layer-2 Blockchains: Fidelity Digital AssetsWill Canny is CoinDesk's finance reporter.
Source: CoinDesk - 🏆 291. / 63 Read more »

Optimism Chains Ready for EIP 4844 Upgrade, Here's Why This Is Big DealEthereum-based L2s getting closer to most radical tech upgrade in Ethereum scaling history
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum restaking sees major boost ahead of Dencun Hard Fork, EigenLayer TVL surpasses $11 billionEigenLayer is a restaking protocol that has observed a considerable increase in the Total Value of assets Locked (TVL) in its platform in the past week.
Source: FXStreetNews - 🏆 14. / 72 Read more »