Cryptocurrency
Ethereum’s Dencun upgrade gets a new touch — Here’s how – Crypto News
Posted: September 30, 2023
- The upgrade would allow the verification of data from the consensus layer.
- Developers also plan to discuss additions to the Ethereum L1 on the next call.
On 28 September, Ethereum’s [ETH] lead developer Tim Beiko provided an update on the upcoming Dencun upgrade. According to Beiko, there was an All Core Developer Execution (ACDE) meeting. During the meeting, participants talked about various subjects and added some touches to the already-existing development.
To test that, and to have a devnet with a large enough validator count to trigger EIP-7514, we’ll launch a short-lived devnet-10 after devnet-9. Having a large validator set there will allow us to test the new churn limits.
— timbeiko.eth ☀️ (@TimBeiko) September 28, 2023
To be clear, the Dencun upgrade came up as an avenue to bring changes across Ethereum’s two Mainnet layers. This is the execution layer, which oversees smart contract execution, and the consensus layer, centered on blockchain consensus via staking.
Read Ethereum’s [ETH] Price Prediction 2023-2024
No more troubles
Beiko mentioned that there were some audits for the EIP-4788 contract during the meeting. For context, the EIP-4788 is the hash tree root in the Beacon Chain that allows verification of data from the consensus layer.
Two weeks ago, Beiko also shared some updates regarding the Dencun upgrade. But as of then, he focused on improving validator schemes and deploying nodes.
This time, the developer gave more information on the changes made which are also vital to the Beacon Chain users. He mentioned that the changes would allow contracts on the Beacon roots to be future-proof against block times. Beiko confirmed that other development firms apart from the Ethereum Foundation mentioned that there were no new issues with the contract.
“Both ChainSecurity and Dedaub had representatives on the call and confirmed that no other issues had been brought up since the two mentioned in the initial review, which we covered previously.”
Next up is a difficult discussion
Furthermore, Beiko mentioned that there were other activities that included testing the MEV-Boost. Known as the Maximal Extractable Value, the MEV-Boost is a middleware developed to allow validators to request blocks from a network of builders.
However, Beiko mentioned that a large number of validators, development, and networking specialists to get the Boost to function on the Ethereum Mainnet as desired. He said,
“To test that, and to have a devnet with a large enough validator count to trigger EIP-7514, we’ll launch a short-lived devnet-10 after devnet-9. Having a large validator set there will allow us to test the new churn limits.”
Other topics discussed included whether Ethereum L1 Mainnet should be Zero-Knowledge (ZK) friendly. Beiko disclosed that the developers all agreed that it wasn’t something to hastily decide. Also, some were not sure if the functionality is something that Ethereum should have.
Realistic or not, here’s ETH’s market cap in BTC terms
Following the indecisiveness, the developers agreed to have their next ACDE meeting on 12 October at 14:00 UTC.
-
Blockchain7 days agoThe Quantum Clock Is Ticking on Blockchain Security – Crypto News
-
Technology1 week agoHow Americans are using AI at work, according to a new Gallup poll – Crypto News
-
Technology1 week agoHow Americans are using AI at work, according to a new Gallup poll – Crypto News
-
Blockchain1 week agoTether Launches Dollar-Backed Stablecoin USAT – Crypto News
-
Metaverse4 days agoContext engineering and the Future of AI-powered business – Crypto News
-
Cryptocurrency1 week agoRiver Crypto Token Up 1,900% in the Last Month—What’s the Deal? – Crypto News
-
Metaverse3 days agoStop panicking about AI. Start preparing – Crypto News
-
others1 week agoUS Heiress Slaps Billion-Dollar Lawsuit on Banks for Allegedly Aiding the Looting of Her $350,000,000 Trust Fund – Crypto News
-
Blockchain1 week agoTrump-Backed WLFI Snaps Up 2,868 ETH, Sells $8M WBTC – Crypto News
-
Blockchain1 week agoTrump-Backed WLFI Snaps Up 2,868 ETH, Sells $8M WBTC – Crypto News
-
Blockchain1 week agoUS Storm Smashes Bitcoin Mining Power, Sending Hash Rates Tumbling – Crypto News
-
Metaverse1 week agoIs AI eating up jobs in UK? New report paints bleak picture – Crypto News
-
Cryptocurrency1 week agoTrump family-backed American Bitcoin achieves 116% BTC yield – Crypto News
-
Cryptocurrency1 week agoRiver price defies market downturn, explodes 40% to new ATH – Crypto News
-
Metaverse4 days agoContext engineering and the Future of AI-powered business – Crypto News
-
Metaverse4 days agoContext engineering and the Future of AI-powered business – Crypto News
-
Blockchain1 week agoBitcoin Gets the Macro Bug as $87,000 Comes Into Play – Crypto News
-
Cryptocurrency1 week agoMakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected – Crypto News
-
Technology1 week agoHow Americans are using AI at work, according to a new Gallup poll – Crypto News
-
others1 week agoPBOC sets USD/CNY reference rate at 6.9843 vs. 6.9929 previous – Crypto News
-
Blockchain1 week agoKalshi Expands Political Footprint with DC Office, Democratic Hire – Crypto News
-
Technology1 week agoElon Musk says ‘WhatsApp is not secure’ amid Meta privacy lawsuit; Sridhar Vembu cites ‘conflict of interest’ – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds in January Crash to 99% Ahead of Dollar Yen Intervention- Will BTC React? – Crypto News
-
Cryptocurrency1 week ago
Fed Rate Cut Odds in January Crash to 99% Ahead of Dollar Yen Intervention- Will BTC React? – Crypto News
-
Blockchain1 week agoBitcoin Gets the Macro Bug as $87,000 Comes Into Play – Crypto News
-
Business1 week ago
Bitcoin and XRP Price At Risk As US Govt. Shutdown Odds Reach 73% – Crypto News
-
Business1 week ago
Bitcoin and XRP Price At Risk As US Govt. Shutdown Odds Reach 73% – Crypto News
-
Business1 week ago
Bitcoin Sentiment Weakens BTC ETFs Lose $103M- Is A Crash Imminent? – Crypto News
-
Business1 week ago
Japan Set to Launch First Crypto ETFs as Early as 2028: Nikkei – Crypto News
-
Cryptocurrency1 week agoRYO Digital Announces 2025 Year-End Milestones Across Its Ecosystem – Crypto News
-
Cryptocurrency1 week agoRiver Crypto Token Up 1,900% in the Last Month—What’s the Deal? – Crypto News
-
Business1 week ago
Experts Advise Caution As Crypto Market Heads Into A Bearish Week Ahead – Crypto News
-
Business1 week ago
Experts Advise Caution As Crypto Market Heads Into A Bearish Week Ahead – Crypto News
-
Blockchain1 week ago‘Most Reliable’ Bitcoin Price Signal Hints at a 2026 Bull Run – Crypto News
-
Technology1 week ago
Bitcoin And XRP Price Prediction Ahead of FOMC Meeting Tomorrow, Jan 28 – Crypto News
-
Technology1 week ago
Bitcoin And XRP Price Prediction Ahead of FOMC Meeting Tomorrow, Jan 28 – Crypto News
-
Technology1 week ago
Bitcoin And XRP Price Prediction Ahead of FOMC Meeting Tomorrow, Jan 28 – Crypto News
-
Business1 week ago
Bitcoin Faces Renewed Volatility as Investors Explore Options Like Everlight – Crypto News
-
others1 week ago
Jerome Powell Speech Tomorrow: What to Expect From Fed Meeting for Crypto Market? – Crypto News
-
Technology1 week ago
Fed Rate Cut Odds in January Crash to 99% Ahead of Dollar Yen Intervention- Will BTC React? – Crypto News
-
Business1 week ago
Bitcoin and XRP Price At Risk As US Govt. Shutdown Odds Reach 73% – Crypto News
-
others1 week ago
U.S. Shutdown Odds Hit 78% as CLARITY Act Faces Fresh Uncertainty – Crypto News
-
others1 week ago478,188 Americans Warned After Hackers Strike Government-Related Firm Handling Sensitive Personal Data – Crypto News
-
Technology1 week ago
Crypto Events to Watch This Week: Is the Market Entering a New Recovery Phase? – Crypto News
-
Blockchain1 week agoCZ Won’t Return to Binance, Bullish on Bitcoin Supercycle – Crypto News
-
Blockchain1 week agoSolana (SOL) Slips Further As Bears Target Deeper Support Zones – Crypto News
-
Technology1 week agoIs TikTok still down in the United States? Check current status – Crypto News
-
Cryptocurrency1 week agoThe productivity bull case for almost everything – Crypto News
-
Business1 week ago
Experts Advise Caution As Crypto Market Heads Into A Bearish Week Ahead – Crypto News
-
Technology1 week ago
Bitcoin And XRP Price Prediction Ahead of FOMC Meeting Tomorrow, Jan 28 – Crypto News
