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Layer 2 Blockchain Opens New Doors Following Ethereum’s Dencun Upgrade


An Ethereum layer 2 network, Base, has established user metrics incubated by Coinbase, the popular centralized cryptocurrency exchange, that have surged since the Dencun upgrade was made on Ethereum on 13 March. It lowered transaction fees by almost 98% on layer 2 networks.  The Dencun upgrade...

Elderberry upgrade positioned live on Mainnet


The Elderberry upgrade is now positioned live on Polygon zkEVM Mainnet Beta, signaling a noteworthy improvement in the network’s capabilities. The Infra providers will be required to update the new versions of node and prover. The step has been taken in favor of the mass adoption of Web3....

Ethereum’s Dencun Upgrade: Boon for L2 tokens or just hype?


One of the most-awaited updates in the blockchain market is now live: the Dencun Upgrade. Ethereum initiated the clock for its launch in early February. Speculations were that layer-2 tokens would get a boost, and Dencun Upgraded reported a commitment to bring down the average cost. It has done...

Possible effect of Ethereum’s Dencun Upgrade on Layer-2 tokens


Ethereum’s Dencun upgrade is slated to go live in the middle of March 2024. All eyes are on its Dencun Upgrade, which commits to bringing economic cost and efficiency transactions to the native network. Also, there are speculations that layer-2 tokens could get a potential boost from Dencun...

Upgrade Dencun zlevňuje transakce na Ethereu


Kryptoměna Ethereum má za sebou úspěšný upgrade Dencun, který zvýší její efektivitu a až desetinásobně zlevní poplatky za transakce na druhých vrstvách. Po upgradu Merge v září 2022, kdy druhá nejznámější kryptoměna přešla od konceptu Proof of Work na Proof of Stake, je Dencun dalším z výrazných...

Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April


The Ethereum Dencun upgrade is bringing EIP-4844, which introduces efficient data storage to potentially reduce transaction costs on layer-2 solutions like Polygon zkEVM. The upgrade hits testnet in April. The post Polygon Developer: Dencun Upgrade Will Hit the Zkevm Testnet in April appeared first...

How COTI V2 Benefits from the Ethereum Dencun Upgrade


COTI V2, a privacy-centric Layer 2 solution built on the Ethereum network, is expected to grow exponentially due to its close link to the Ethereum blockchain. As the Ethereum ecosystem strives for optimal performance, security, and scalability, COTI V2 is also readily aligning itself with...

Blast Network Temporarily Halts Amid Dencun Upgrade; Fix Deployed


Blast, a new Ethereum layer two (L2) scaling solution, paused its block production due to issues arising from the recent Dencun upgrade on the Ethereum mainnet, with its team diligently seeking a fix. Since launching its mainnet on Feb. 29, 2024, and amassing billions in crypto assets through...

Upgrade of Ethereum Will Lower Costs for Layer 2 Networks


The upgrade of the Ethereum network will take place on the 13th of March and will help lower costs for the Layer 2 networks. Chains like Arbitrum, Polygon, and Coinbase Global attribute the connection to Ethereum. A transaction that would have cost $1 will now be 1C. Developers have named...

Ethereum Layer 2 Tokens gain interest before Dencun Upgrade


The Dencun upgrade to Ethereum is anticipated to significantly reduce transaction fees on layer-2 networks and enhance the scalability of Ethereum as a whole. The cryptocurrency has garnered investor attention and witnessed an appreciation in value for Ethereum Layer 2 (L2) tokens due to...

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