Ethereum’s Dencun Upgrade Faces Setback — Delay Amid Testing Requirements

Share This Post

Ethereum's Dencun Upgrade Faces Setback Delay Amid Testing Requirements

The highly anticipated Dencun upgrade for the Ethereum blockchain won’t be making its debut in 2023 as initially expected. Ethereum’s core developers have decided to push back the upgrade’s release until at least 2024, a revelation made during the latest All Core Developers meeting. After the meeting, software developer Tim Beiko took to social media to provide an update on the expected timeline for the upgrade.

Ethereum’s Dencun Upgrade: Mainnet Release Now Anticipated in 2024

The primary objective of the Dencun upgrade is to elevate Ethereum’s performance on multiple fronts, including scalability, security, and user-friendliness. One of its key features is the introduction of “data blobs,” a novel transaction type designed to optimize data storage and accessibility for layer two (L2) rollups built upon the Ethereum platform. Originally, the upgrade was planned to be divided into two distinct segments: Deneb, targeting the Consensus Layer, and Cancun, focusing on the Execution Layer.

However, post-meeting, Beiko shed light on the need for additional testing before the upgrade can be safely deployed on the mainnet. While the Execution Layer teams expressed their readiness to commence testing on the Goerli testnet, the Consensus Layer teams indicated that they require a few more weeks to finalize their codebase adjustments. Furthermore, the mev-boost pipeline has yet to undergo testing across all clients.

A significant moment during the meeting occurred when the developer behind Prysm, the Ethereum proof-of-stake client written in Go, remarked, “there’s no way” Dencun would be prepared for the mainnet this year. Given these circumstances, the anticipated fork on the Goerli testnet is now expected to occur no earlier than late November. Typically, testnets necessitate a minimum of two weeks between forks, implying that the Dencun upgrade is likely to debut on the mainnet after the 2023 holiday season and into 2024.

Beiko emphasized, “Nothing here is set/final, of course, but there’s at least a path being drawn towards mainnet.” The developers will persist in their testing efforts and coordination in the coming months to ensure a seamless rollout of the upgrade when the time arrives. Additionally, the developer added, “By next week’s ACDC, we’ll launch devnet-11 will all clients being setup with mev-boost and try to run a Goerli shadow fork.”

What do you think about devs postponing the Dencun upgrade until next year? Share your thoughts and opinions about this subject in the comments section below.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Pepe Unchained ICO Blasts Past $21M as Analysts Predict Major Breakout

Pepe Unchained (PEPU), the latest meme coin sensation, has smashed through the $21 million mark in its ICO Now, with a well-known analyst claiming PEPU is “ready to rocket,” excitement

Machine Learning Algorithm Predicts XRP Price Direction For This Week, What To Expect

The XRP price is currently trading at $0554, having increased by 3% in the past 24 hours However, XRP largely remains in the red in a 30-day timeframe, having broken below the $06 threshold earlier

Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived

While bitcoin is up 46% this past week and ethereum gained 52% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises The

XRP Whale Adds 52 Million Tokens Amid Breakout, Buy Signal or What?

The post XRP Whale Adds 52 Million Tokens Amid Breakout, Buy Signal or What appeared first on Coinpedia Fintech News The cryptocurrency market has experienced a notable upside rally in the past few

Bitcoin Faces Rejection : $72,000 Is Not Far, Watch Out For High Volatility!

The post Bitcoin Faces Rejection : $72,000 Is Not Far, Watch Out For High Volatility! appeared first on Coinpedia Fintech News Bitcoin faced massive resistance between $69,000 and $70,000 and

Ethereum ETFs face rocky start but retain strong growth potential affirms Bitwise CEO

Bitwise CEO Hunter Horsley has explained why he believes recently launched spot Ethereum exchange-traded funds (ETFs) have seen significantly lower trading volumes and inflows compared to their