Ethereum developers tentatively set January 17, 2024 as the first test network deployment date for the upcoming “Dencun” upgrade at the latest bi-weekly developer meeting.
**Written by: **Assad Jafri
Translation: Vernacular Blockchain
At the latest bi-weekly developer meeting, Ethereum developers tentatively set January 17, 2024 as the first test network deployment date for the upcoming “Dencun” upgrade.
The “Dencun” upgrade was originally scheduled for the last quarter of 2023, but was postponed to 2024 due to the engineering complexity involved.
Tim Beiko, head of protocol support at the Ethereum Foundation, noted that the date is not set in stone and could change if major issues arise. The team aims to publish a blog post detailing the fork the week of January 8, 2024, giving stakeholders a week to prepare updates.
1. Dencun upgrade schedule
The meeting produced a draft schedule for the testing phase of the Dencun upgrade.
Following the Goerli testnet on January 17, 2024, developers plan to run tests on other networks.
Tests will be run on Sepolia on January 31, 2024, and on Holesky on February 7, 2024.
If all goes well, the developers aim to deploy these changes on mainnet by the end of February 2024. However, these dates may change depending on the outcome of the testnet fork.
Dencun will be Ethereum’s first major upgrade since “Shapella” earlier this year, a major milestone in itself, enabling staked ether (ETH) to be withdrawn from the blockchain.
Likewise, a major aspect of the Dencun upgrade is the implementation of “proto-danksharding”. This new process is designed to enhance Ethereum’s data storage capabilities, a move expected to reduce the cost of layer 2 aggregation and expand the blockchain by increasing the space for “blocks” of data.
By increasing data processing power and efficiency, it aims to improve the performance of rollups, thereby increasing the overall throughput and affordability of the Ethereum network.
2. “Layer 3 application chain”
In addition to the Dencun upgrade, the conference also highlighted the collaboration between Avail and StarkWare. The partnership aims to enhance data availability for application chains within the Starknet Layer 2 network. Leveraging the customizable sequencer Madara, the initiative aims to develop application chains as a layer 3 solution within the Starknet ecosystem.
These Layer 3 application chains are powered by Avail and StarkWare’s joint efforts to revolutionize the data availability model, including validium and sovereign rollup. This, in turn, will help optimize transaction processing efficiency and finality, which are critical to blockchain’s scalability.
The developers also talked about Ethereum’s role in the broader context of decentralized finance (DeFi) and blockchain technology. They reaffirmed their commitment to maintaining Ethereum’s position as a leader in the field, emphasizing the need to continuously innovate and adapt to meet the changing needs of the market.
The conference also provides a platform for developers to discuss the challenges and opportunities facing Ethereum. From solving network congestion issues to enhancing user experience, developers explore a range of topics critical to Ethereum’s roadmap and the needs of its users.
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