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Nơi chia sẻ tất cả những kiến thức Crypto từ cơ bản đến nâng cao, kinh nghiệm đầu tư Bitcoin và các hình thức đầu tư tiền điện tử khác.

Ethereum Upgrade: Dencun & beyond

The report provides an overview of the Ethereum's Dencun upgrade. It also highlights some key features of the core EIPs that Ethereum may focus on post-Dencun. The report is compiled by the Coin98 Insights team.
1 min read
Published Nov 27 2023
Updated May 14 2024
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Coin98 Insights Report (Vinh Vo, Duy Nguyen)

Febuary 24th, 2024

Network upgrade is a recurring activity on Ethereum aimed at improving various aspects of the network to make the protocol better over time.
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EIP-4844 is the most important EIP in DenCun. It introduces a new type of transaction format called “blob-carrying transaction”, benefiting involved parties including users, rollup, and Ethereum.
Rollups can use the new transaction format to post data to Ethereum. It provides more space at a lower cost than the traditional calldata method.
In addition to EIP-4844, DenCun also implements EIP-7514 as a temporary solution to address the overload issue on the Peer-to-Peer (P2P) layer.
Once DenCun is completed, Ethereum can focus more on the execution layer in the next upgrade with the Verkle tree. Ethereum can also provide a more comprehensive solution to address the overload issue on the P2P layer.