Posted 3/3/2024, 3:01:02 PM
Ethereum Scalability Upgrade to Enable Cheaper Transactions and New Integrations
- Dencun upgrade will significantly reduce gas fees on Layer 2 networks, making transactions much cheaper
- Temporary data storage ("blobs") will allow cheaper short-term storage on Ethereum
- Most retail traffic will shift permanently from Ethereum mainnet to Layer 2 networks
- Ethereum mainnet will fade into the background, securing Layer 2 networks
- Dencun will enable new types of seamless blockchain integrations across games, apps, platforms, etc.