Dencun Upgrade: Ethereum's Leap into the Future of L2 Scalability is Here

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Dencun Upgrade: Ethereum's Leap into the Future of L2 Scalability is Here
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The next Ethereum upgrade, Dencun, is scheduled to activate on March 13. It will introduce off-chain data blobs, massively decreasing gas costs on Ethereum L2s.

If you are familiar with , you know its mission – to be scalable, secure, and decentralized. As Ethereum's popularity has surged, so too have the demands on its network, raising gas fees and highlighting its scalability challenges. Ethereum Layer 2 solutions, Ethereum's answer to the scalability problem, enabled handling transactions off the main chain without compromising its core principles.

Similarly, the zkSync team anticipates a tenfold decrease in gas costs for data storage, projecting the total gas costs on zkSync to drop from an average of $0.20 per transaction to under $0.10. While these projections highlight dramatic savings in data storage costs, it's important to keep in mind that the overall gas costs experienced by users involve multiple factors beyond L1 data storage.

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