Ethereum’s Dencun Upgrade Set to Boost Scalability and Data Availability

Ethereum (ETH) is preparing for its upcoming Dencun upgrade, expected in the first quarter of 2024. This upgrade will play a crucial role in the blockchain’s journey towards scalability as a settlement layer. Goldman Sachs recently highlighted the primary impact of the Dencun upgrade, which is increasing data availability for layer-2 rollups through proto-danksharding. The bank predicts that this enhancement will lead to reduced transaction costs for rollups, ultimately benefiting end users.

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