What is Ethereum Dencun Upgrade?

16 Mar 2024

1 min read

What is Ethereum Dencun Upgrade?

Dencun, an amalgamation of two separate upgrades — Deneb and Cancun — tackles both Ethereum’s consensus and execution layers in a single upgrade.

The objective of the Deneb upgrade is to augment the consensus layer, which deals with how network participants agree on the state of the blockchain. Cancun, on the other hand, improves the way transactions are managed and processed on the execution layer. The Dencun upgrade came nearly a year after the Shanghai upgrade in April 2023, which enabled Ether holders to unstake ETH, which was locked into the network.

Dencun was a series of nine different Ethereum Improvement Proposals, or EIPs. The most important was EIP-4844, which dramatically cuts the cost of transacting on layer 2 networks.

EIP-4844 introduced “blobs,” which are a unique transaction format that segregates layer 2 network transactions from standard network activity on the Ethereum mainnet, reducing congestion and transaction fees.

How the Ethereum Dencun upgrade benefit users and developers

Proto-danksharding lowers costs for layer-2 scaling solutions based on Ethereum, offering users a more cost-effective experience, especially when using NFTs and DeFi services.

Layer-2 solutions bundle transactions before sending them to the main Ethereum blockchain, and Dencun enables them to keep some transaction data off-chain to save costs.

#most important

Share article

Earn rewards while keeping up with the latest news

Register on our platform, complete tasks, and earn!

Go to the platform

Receive notifications

We recommend it for you

  • Lorenzo Protocol Integrates With Cosmos Hub To Launch Appchain Secured By ATOM

    25 Mar 2024

  • Artemis Integrates Injective To Provide Institutional On-Chain Data to Users

    19 Mar 2024

  • What is Ethereum Dencun Upgrade?

    16 Mar 2024

  • Injective and AltLayer Bring Restaking Security to EVM Applications

    16 Mar 2024

  • Injective Integrates Noble to bring Native USDC to the Injective Universe

    13 Mar 2024

  • Persitence's Liquid Staking and Restaking Vision

    12 Mar 2024

  • Looking for more?

    Our Blog offers a wealth of articles and videos Click to visit Blog


We are in touch

Technical issue

Are you experiencing an issue with our validators or website? Let us know and we will address it right away.

Collaborate with us to secure networks, earn staking rewards, educate community members, and more. We want to work with people passionate about staking and the future of decentralization.


Do you have any comments on how we can improve? Share your ideas and thoughts about our products and services.


Join us in building a decentralized future. Send us your resume, which position you are applying for, and a short introduction of yourself.

Contact us

Let us know how we can help and we will get back to you as soon as possible.

shark - postman

We read all your feedback and suggestions. Many of your ideas for development become our tasks - you can see their implementation here

Updates history