Dencun upgrade expected on March 13 to bring 'blobs' to Ethereum mainnet
Quick Take: Ethereum core developers have decided a deployment date for the Dencun upgrade. It is scheduled for activation at slot 8626176, estimated for March 13 at around 8:55 am ET.
Dencun is scheduled for activation at slot number 8626176, according to Tim Beiko of the Ethereum Foundation. The slot number is currently estimated to occur on 13 March at around 8:55 am ET.
The Dencun upgrade, incorporating the much-anticipated proto-danksharding feature through EIP-4844, will introduce blob transactions and transient storage, among other technical enhancements.
EIP-4844 aims to incorporate off-chain "data blobs," enabling the inclusion of more data in Ethereum transactions without affecting block processing times.
Blobs are designed to help Ethereum better support Layer 2 networks, such as zkSync, Optimism and Arbitrum. They help to address the data storage requirements for these networks.
This upgrade follows a series of test deployments of Dencun, including on the Goerli testnet on January 17, the Sepolia testnet on January 30, and the Holesky testnet on February 7. These test phases were critical in ensuring the upgrade’s readiness for the main network deployment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Buyers Disappear Amid AI Sell-off! Goldman Sachs Trading Desk Phones Flooded With Calls But No Takers, Hedge Funds and Retail Investors Withdraw Together
Goldman Sachs traders stated that Wednesday was one of the busiest trading days for their equities desk this year, while Thursday was the complete opposite. Investors were asking how much further the market could fall, but there was almost no buying activity; some hedge funds began selling stocks they had just bought on Wednesday. UBS data showed that Thursday's selling pressure mainly came from hedge funds. According to JPMorgan estimates, retail investors had a net sell-off of about $1.3 billion, marking the highest single-day volume in a year. The "fear index" VIX surged intraday to an eight-month high. Investors rushed to purchase protective options, and premiums for main equity index put options were twice the usual amount.
Airbnb (ABNB.US) Q3 accelerates across the board: revenue grows 19%, fastest in over three years, new $12 billion buyback, and raises full-year guidance
This shareholder letter, which opens with "Airbnb returns to growth mode," has delivered on its promises: revenue growth reached its fastest pace in over three years, booking volume accelerated significantly compared to the previous quarter, the company announced a new $12 billion share buyback authorization and raised its full-year guidance. Boosted by these developments, the stock price surged nearly 12% in after-hours trading.
AI Trading Mass Withdrawal, U.S. Stocks Record $2.8 Trillion "Wipeout"! Nasdaq Drops Nearly 6%, Chip Index Plunges Over 10%, Data Center Industry Chain Dives
The Nasdaq 100 closed down more than 6%; the total market value of technology stocks evaporated by $2.5 trillion in a single day. The semiconductor index recorded its largest drop since the pandemic, with SanDisk closing down 22%, AMD down 17%, and Nvidia down 9.3%. AI infrastructure stocks saw Lumentum drop nearly 19% and Bloom Energy drop 16%. Tesla fell more than 10%. From chip manufacturers, power suppliers, and computing service providers to software companies and data center developers, almost no corner of the tech sector was spared from Thursday's sell-off. The accumulated high valuations and crowded trades in tech stocks further amplified the decline. Unlike previous sector rotations where capital shifted to other sectors, this sell-off spread across all S&P industry sectors.
Crypto prices
More
