In an effort to roll out its most recent Dencun update to the mainnet, the Ethereum network is making yet another significant move. Christine Kim, one of the main developers working on the update, said that later today, at about 11:34 a.m. UTC, the Dencun update will launch on the Holesky Testnet.
This update will be the last to be tested on the testnet before going live on the mainnet, as Kim disclosed in her X post. The mainnet release date is yet unknown, but if the Holesky premiere goes well, Ethereum developers will hint at when the upgrade will be released on the mainnet.
https://x.com/christine_dkim/status/1754926030094061848?s=20
The Dencun Upgrade went live on the Sepolia Testnet back in January, as previously reported by U.Today, paving the way for the current transfer to Holesky. Notably, prospective Ethereum updates are put through many testnets in order to confirm that they are ready for the mainnet launch.
Developers can simply keep an eye out for any issues because every testnet is designed to mimic mainnet settings. Once issues are found, they may fix them before the update is made public. The entire system is not significantly disrupted by this method.
Dencun upgrade relevance
The Proto-DankSharding innovation will enable the Dencun Upgrade to achieve a significant fundamental value proposition by processing large data blobs and accelerating the Ethereum blockchain’s scalability. The cost of transactions on the network will also depend on how the data is represented.
Ethereum’s high fees and sluggish throughput are still issues, therefore the Dencun update will likely cause a significant change in the network that might begin to optimise the blockchain again. All things considered, Ethereum is set to pose a challenge to its rivals since, after the update, it will be comparatively quicker and less expensive to use.
