Dencun" Upgrade Launches on Goerli Testnet, Promises Improved Ethereum Operations
Summary:
The latest Ethereum network update, "Cancun-Deneb" or "Dencun," was successfully launched on the Goerli testnet, following a four-hour delay due to a bug. The update promises to significantly cut costs on Ethereum layer-2s transactions and bring in new features. Ethereum developers are planning future test implementations, with the mainnet integration date yet to be announced.
For the first time, the Ethereum network's latest update, known as "Cancun-Deneb" or "Dencun," was launched on the Goerli testnet, as reported in a Jan. 17 tweet by Ethereum developer Parithosh Jayanthi. A technical glitch caused about a four-hour delay in the network's activation. However, once this issue was remedied with a software patch, the network started operating again.
Once the Dencun update is integrated into the mainnet, it is expected to drastically reduce transaction costs on Ethereum layer-2s such as Optimism, Base, Polygon zkEVM, among others, as suggested by the developers. Additionally, it will constrain self-destruct operations and introduce new bridge and staking pool options.
The system upgrade happened around 6 am UTC, stated Ethereum developer Tim Beiko. Roughly 20 minutes after his comment, Beiko reported a "chain split" in the network due to stalled finalization. Terence.eth later disclosed that the Prysm variant of Ethereum had a bug which hindered its synchronization with other nodes. Jayanthi confirmed that the network resumed normal functioning once the bug was identified and fixed. The rapid remedy's successful application showcased the robustness of the team's debug systems, Jayanthi noted, proudly remarking that it took less than four hours to go from issue identification to resolution.
As per Dencun's test schedule, its next key event will occur on Jan. 30 when it's scheduled for Sepolia testnet implementation. The Holesky testnet implementation will succeed this on Feb. 7. The team has yet to disclose a date for the update's mainnet implementation.
Published At
1/17/2024 8:55:00 PM
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