Ether$ETH #eum's latest major upgrade, Dencun, went live on the Sepolia testnet on Tuesday, leaving only one more testnet left before it delivers the benefit of the anticipated “proto-danksharding” feature.

Dencun's testing at Sepolia started at 22:51 UTC on Tuesday and was completed quickly. Ethereum Foundation DevOps engineer Parithosh Jayanthi said in his statement on X: “Blobs are now streaming on Sepolia” and “Eventless testnet forks are the best!” said.

Ethereum core developers deployed this upgrade on the Goerli testnet in early January. The upgrade is scheduled to launch on the third and final testnet, Holesky, on February 7.

After the third successful testnet deployment, the Ethereum team is expected to set a mainnet launch date for Dencun.

One of the features Dencun is expected to introduce is proto-danksharding, which aims to reduce gas fees and improve scalability by introducing a new, compressed data storage mechanism called “blobs.”

“A transaction that carries a blob is just like a regular transaction, but it also carries an extra piece of data called a blob,” Ethereum co-founder Vitalik Buterin said in a statement. “Blobs are extremely large and can be much cheaper than similar amounts of call data.”

Ethereum's last major upgrade, Shapella, took place in March 2023. This upgrade allowed users and validators to withdraw their staked ETH from the network.#Bitcoin #eterhum #NEWSFLASH