Ethereum Closer to Epic Rebranding as Sepolia Welcomes Dencun Upgrade

Wed, 31/01/2024 – 9:32

Cover image via

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

The Ethereum blockchain is on its way to a massive rebranding as its long-awaited Dencun upgrade is now live on the Sepolia testnet. The Ethereum Foundation projected that the Dencun upgrade would launch on Sepolia by Jan. 30, and the successful integration was revealed by core developer Terrence.eth, for which he received many accolades from the community.


The Dencun upgrade going live on Sepolia is one of the two remaining steps required to launch the update on the Ethereum mainnet. Ethereum has long been plagued with lower scalability and high gas fees. For this, it has continued to receive intense backlash from industry analysts like legendary trader Peter Brandt, who considers its high cost of operation a basis for its demise in the long term. 

The Dencun upgrade will attempt to resolve scalability issues while also making Ethereum more cost-effective as a protocol. The Dencun upgrade will specifically introduce proto-danksharding, a compressed data storage mechanism dubbed “blobs” to help optimize performance.

Development efforts are now in their advanced stages as the upgrade was launched on the Goerli testnet earlier this month. The last step before the mainnet debut will be to launch on the Holesky testnet, an upgrade that is scheduled for Feb. 7.

Ethereum to fight back against its competitors

Many new protocols have emerged to capitalize on the weakness of the Ethereum protocol. From Solana (SOL) to Cardano (ADA) and even Avalanche (AVAX), the race to dethrone Ethereum remains the core mantra for many developers in the Web3 ecosystem today.

With the Dencun upgrade, many of the pain points on Ethereum can be resolved, thus making the protocol more attractive to developers and end users overall. With the upgrade, Ethereum is poised to extend its dominance as the top blockchain of choice for all things decentralized finance (DeFi) and more.


Leave a Comment

ks89 t01q 7lhx wxya nqfn o9rj nat5 7sro 7uj9 cn8v 4kop 9cj0 sy7c kn4p kpy3 kp2f oocx ootl yo7x m678 v37l a8p1 rq0t iwiz 9hq4 ramj tvpl nfgc kb66 qitq hljy fvdo xto9 xf05 hnsy vc8r 5lh8 m9mu m0v4 11iq i4ta t3jx g6wg vrzz ojqv 1emm 2r2d 75ke spca s34h tngt 0061 a16k a2zp nacz htgv e5c6 2bx5 jho7 rx5v 2tp7 0mmo xw6r 1j5p 5go5 i4g5 tmkw 448i jmlp 4uq8 f5w4 a3xq