Ethereum's Dencun Upgrade to Enhance Scalability and Lower Fees Through Rollups and Data Sharing
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Ethereum's Dencun upgrade, likely in early 2024, is a step toward a scalable settlement layer per Goldman Sachs.
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Dencun will increase data availability for layer-2 rollups via proto-danksharding, reducing rollup costs.
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Proto-danksharding sets the groundwork for future scalability upgrades like danksharding.
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Dencun enhances Ethereum's scalability via rollups, optimizes gas fees, and improves security.
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The upgrade implements housekeeping updates as well.