
Author: David, Bankless; Compilation: Songxue, Bitchain Vision Realm
In recent months, the transformation of cryptocurrencies seems to make Ethereum a against the trend.
But now is the best time to watch ETH.Dencun upgrades are coming, which will change the rules of the game and promote the network closer to the expansion future.The overall security of rollups, verifications, and networks will be upgraded -significantly enhanced the overall operating pattern of Ethereum.
The huge dominant position of ETH this month can be attributed to many factors, including speculation around the spot Ethereum ETF, but this also reflects the deeper recognition of the market’s long -lasting adaptability of Ethereum.Dencun is not only another incremental update, but also a key step in Ethereum to consolidate its dominant strategy.
This is what you need to know.
What is the upgrade of Dencun in Ethereum?
The core of Dencun (also known as Cancun-Deneb) is to introduce BLOB carrying transactions through the Ethereum Improvement Agreement 4844 (EIP-4844), which aims to significantly reduce the cost of L2, lay the foundation for expansion, and have a significant impact on Ethereum.
Blob and block:Now, the block will reserve space for BLOB transactions -transactions specifically preserved L2 data.These data will be uninstalled directly to the consensus layer, which may reduce the cost of Layer2 by more than 10 times.
If Ethereum is a highway, Dencun opens a fast lane.It leads us to a future that is scalability that is no longer a bottleneck.
Layer 2’s economy:EIP-4844 will increase the operating profit margin of Layer 2 nearly tripled, from 35% to 86-95%.This is not only good news for the platform, but also good news for the platform.This is also a victory for users.The reduction of Layer2 cost reduces our transaction costs, and at the same time, it is possible to provide more capital for the network to operate more growth business.
Imagine the future, L2 supports the incentive plan by sharing transaction income with users or using this money to encourage adoption.
From Surge to Scourit:The third key element of Dencun is to build a stage.Because Dencun marks the official start of “Surge” centered on expansion as the centered on capacity of Ethereum, it can now transfer attention to the next stage of “Scourge”.
Recently, Vitalik shared the update roadmap of Ethereum, which shows that the target of Scourge’s target steering directly confronts POS centralization. As Ethereum enters the RESTAKE era, this will only become more important.
What else does Dencun do?
Although EIP-4844 is the prominent function of Dencun, it is not the only one!Dencun contains 9 EIP, which enhances all aspects from security to pledge experience.These include:
EIP 4788 and 6780 = higher security:EIP-4788 integrates native prophecy machines into Ethereum, which enhances the accuracy of cross-layer data synchronization.The EIP-6780 completely modified the SelfDestruct function in the smart contract to achieve a safer code deletion.
EIP 7044 and 7045 = Better pledge experience:These EIPs enhance pledged reliability and extend the proof of the verifications.These upgrades make the process more convenient, increasing the opportunity to participate in consensus and obtain block rewards.
EIP-1153 = transaction long data storage:EIP-1153 introduced temporary storage to Ethereum, allowing temporary data storage during the transaction.See it as a temporary working area created at the beginning of the transaction and clear after completion.This reduces costs and improves the efficiency of complex transactions.
In addition, there are rumors that to increase GAS limit, Vitalik said that even if there is no Dencun now, this move may happen.This will allow more transactions for each block, which may relieve congestion and reduce costs.As Dencun prepares for Ethereum, it is meaningful to re -discuss this around this.
Summarize
Dencun marks another major turning point of Ethereum.
EIP-4844 and its transactions carrying blobs are not just a technical upgrade.It positions Ethereum as a response to parallel EVM and overall chain -laid the foundation for hundreds of chains to operate on the network.
But the story of Dencun exceeds the range of EIP-4844.From security enhancement to improved pledge experience and transient data storage, each component of Dencun has pushed the world’s computer closer to its vision. All cryptocurrencies are like a solar system that runs around Ethereum.
Dencun is a proof of diligence, vision and patience.This reminds us that Ethereum is not only competitive, but it also leads the trend.The metaphor of turtles and rabbits is very appropriate here.Although there are many rabbits outside, we all know who won the game.