Ethereum's Dencun Upgrade Goes Live, Slashing Fees and Unlocking New Possibilities
• Ethereum's Dencun upgrade went live successfully, lowering transaction fees on layer-2 networks by 75% and expanding ecosystem capabilities • Dencun introduces "proto-danksharding" using "blobs" to temporarily store data, increasing on-chain capacity • Gas fees could drop so low they are covered by crypto projects, making them negligible • Dencun unlocks new use cases previously not possible due to cost limitations • The upgrade marks a new chapter focused on long-term growth through increased scalability and reduced fees