The highly anticipated Dencun upgrade for the Ethereum blockchain won’t be making its debut in 2023 as initially expected. Ethereum’s core developers have decided to push back the upgrade’s release until at least 2024, a revelation made during the latest All Core Developers meeting. After the meeting, software developer Tim Beiko took to social media to provide an update on the expected timeline for the upgrade.
Ethereum’s Dencun Upgrade: Mainnet Release Now Anticipated in 2024
The primary objective of the Dencun upgrade is to elevate Ethereum’s performance on multiple fronts, including scalability, security, and user-friendliness. One of its key features is the introduction of “data blobs,” a novel transaction type designed to optimize data storage and accessibility for layer two (L2) rollups built upon the Ethereum platform. Originally, the upgrade was planned to be divided into two distinct segments: Deneb, targeting the Consensus Layer, and Cancun, focusing on the Exe
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