{"id":165586,"date":"2023-09-30T07:05:05","date_gmt":"2023-09-30T01:35:05","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=165586"},"modified":"2023-09-30T07:05:05","modified_gmt":"2023-09-30T01:35:05","slug":"ethereums-dencun-upgrade-gets-a-new-touch-heres-how-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethereums-dencun-upgrade-gets-a-new-touch-heres-how-crypto-news\/","title":{"rendered":"Ethereum\u2019s Dencun upgrade gets a new touch \u2014 Here\u2019s how &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"single-post-author-top\">\n<p>\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-80x80.jpg\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" \/><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: September 30, 2023<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><\/p>\n<\/p><\/div>\n<div>\n<p>\t\t\t\t\t\t<br style=\"clear: both;float: none\" \/><\/p>\n<ul>\n<li><em>The upgrade would allow the verification of data from the consensus layer.<\/em><\/li>\n<li><em>Developers also plan to discuss additions to the Ethereum L1 on the next call.<\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">On 28 September, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/ethereum\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">Ethereum\u2019s [ETH]<\/span><\/a><span style=\"font-weight: 400\"> 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.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">To test that, and to have a devnet with a large enough validator count to trigger EIP-7514, we\u2019ll launch a short-lived devnet-10 after devnet-9. Having a large validator set there will allow us to test the new churn limits.<\/p>\n<p>\u2014 timbeiko.eth \u2600\ufe0f (@TimBeiko) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TimBeiko\/status\/1707465541018087538?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">September 28, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">To be clear, the Dencun upgrade came up as an avenue to bring changes across Ethereum\u2019s two Mainnet layers. This is the execution layer, which oversees smart contract execution, and the consensus layer, centered on blockchain consensus via staking.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">Read <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/ethereum-price-prediction\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">Ethereum\u2019s [ETH] Price Prediction<\/span><\/a><span style=\"font-weight: 400\"> 2023-2024<\/span><\/p>\n<hr \/>\n<h4>No more troubles<\/h4>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Two weeks ago, Beiko also shared some updates regarding the Dencun upgrade. But as of then, he <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/ethereum-developers-have-a-new-update-as-merge-clocks-one\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">focused<\/span><\/a><span style=\"font-weight: 400\"> on improving validator schemes and deploying nodes.<\/span><\/p>\n<p><span style=\"font-weight: 400\">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.<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cBoth 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.\u201d<\/span><\/p>\n<\/blockquote>\n<h4>Next up is a difficult discussion<\/h4>\n<p><span style=\"font-weight: 400\">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 <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/what-you-need-to-know-as-ethereum-staking-reaches-new-highs\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">validators<\/span><\/a><span style=\"font-weight: 400\"> to request blocks from a network of builders.<\/span><\/p>\n<p><span style=\"font-weight: 400\">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,\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400\">\u201cTo test that, and to have a devnet with a large enough validator count to trigger EIP-7514, we\u2019ll launch a short-lived devnet-10 after devnet-9. Having a large validator set there will allow us to test the new churn limits.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Other topics discussed included whether Ethereum L1 Mainnet should be Zero-Knowledge (ZK) friendly. Beiko disclosed that the developers all agreed that it wasn\u2019t something to hastily decide. Also, some were not sure if the functionality is something that Ethereum should have.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">Realistic or not, here\u2019s <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/calculator\/marketcap\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">ETH\u2019s market cap in BTC terms<\/span><\/a><\/p>\n<hr \/>\n<p>Following the indecisiveness, the developers agreed to have their next ACDE meeting on 12 October at 14:00 UTC.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Journalist 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\u2019s [ETH] lead developer Tim Beiko provided an update on the upcoming Dencun upgrade. According to Beiko, there was an All [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":165587,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-165586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165586","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=165586"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165586\/revisions"}],"predecessor-version":[{"id":165589,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/165586\/revisions\/165589"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/165587"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=165586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=165586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=165586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}