Ethereum Dencun Hardfork Aims for New Era of Scalability

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  • raiders72001
    Senior Member
    • 08-10-05
    • 11126

    #1
    Ethereum Dencun Hardfork Aims for New Era of Scalability
    Bitcoin ETF approval sets way for a spot ETH ETF that I think will pass in May. That with the upgrade giving ETH a huge boost.

    [COLOR=rgba(0, 0, 0, 0.9)]KEY TAKEAWAYS[/COLOR]
    • Ethereum’s Dencun upgrade should scale the platform’s transaction processing capacity.
    • The introduction of Proto-Danksharding and stateless clients will allow Ethereum to process data more efficiently.
    • Meanwhile, Bitcoin Core developers have often rejected efforts to scale Bitcoin.

    [COLOR=rgba(0, 0, 0, 0.9)]From the beginning, Ethereum (ETH) has been defined as much by its differences as by its similarities to Bitcoin. In line with Vitalik Buterin’s vision, Ethereum had upgradability in mind from the outset. In contrast, convincing Bitcoin node operators to support even small changes to the way the platform functions has proven almost impossible.[/COLOR]
    [COLOR=rgba(0, 0, 0, 0.9)]Although the process hasn’t always run smoothly, over the years, Ethereum developers, node operators and token holders have generally achieved the consensus needed to implement upgrades. Currently expected to occur in mid-2024, the next major Ethereum upgrade, Dencun, promises to significantly scale the platform’s transaction processing capacity.[/COLOR]
    How Dencun Can Boost Scalability

    [COLOR=rgba(0, 0, 0, 0.9)]Ethereum’s Dencun upgrade aims to enhance scalability through two key innovations: Proto-Danksharding and stateless clients.[/COLOR]
    [COLOR=rgba(0, 0, 0, 0.9)]Proto-Danksharding introduces “data blobs”. These store compressed transaction data off-chain, freeing up valuable block space so Ethereum can support a higher volume of transactions. Blob transaction data is also self-deleting, reducing the blockchain’s long-term storage requirements.[/COLOR]
    https://www.ccn.com/news/ethereum-de...-conservative/

    edit - sometimes when I do a copy/paste it comes out like that on top and I'm not cleaning it up anymore.
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