Ethereum’s most recent update, named “Dencun”, is currently being discussed among major blockchain developers. Despite the wait and anticipation, its implementation may experience delays.
Ethereum’s Dencun Deployment Dilemma
Faced with the emergency, the race against time is well and truly underway for Ethereum. Core developers are actively engaged to ensure Dencun is updated in a timely manner. However, various technical and logistical obstacles stand in their way, risking delaying the deployment.
Initially, the ambition was clear: deploy Dencun on the public testnet before Devconnect, an Ethereum-focused developer conference scheduled for November 2023. However, if this plan does not come to fruition, the deployment on the mainnet may not happen. do this year.
This concern arises in particular from the fact that Dencun has not yet been tested on essential public test networks, like Goerli, Sepolia and Holesky.
During a meeting yesterday to discuss Dencun’s launch plan, Tim Beiko of the Ethereum Foundation pointed out that failure to deploy the upgrade to a public testnet before DevConnect could push its activation back to 2024.
“If we don’t launch a testnet [public] before DevConnect, it’s probably unlikely we’ll be able to get it live before the Christmas holidays” , does he have declared.
What is delaying the deployment of Dencun?
The Ethereum upgrade does not rely solely on the will of the players, but it depends on many factors. Assessing the status of software code within Ethereum’s execution and consensus layers is essential, as is considering the readiness of the various teams involved.
To ensure the success of this upgrade, it is imperative to test these components on public test networks, a process which can be time-consuming.
Currently, the upgrade remains in the “development phase”, with a margin of three months before the end of this year. However, a ray of hope remains thanks to the tests planned on Devnet 9. Indeed, the main developers have put their finger on a decisive step: the tests on Devnet 9, which will act as precursors to the public testnet phase.
Dencun: Towards the materialization of the revolutionary promises of the Merge
Beyond the technical details, it’s crucial to understand what this upgrade brings to the table. Dencun consists of two major upgrades: “Cancun” for the execution layer and “Deneb” for the consensus layer. Together “Deneb-Cancun or simply Dencun” they aim to increase the scalability of Ethereum.
The highlight of this upgrade is the Ethereum Improvement Proposal, EIP-4844, also known as proto-danksharding. This aims to increase the scalability of Ethereum beyond the existing capabilities of layer 2 solutions, by enabling off-chain temporary storage. As a result, it should reduce transaction costs on solutions like Optimism and Arbitrum.
The Dencun upgrade is undoubtedly a turning point for Ethereum. While the prospect of a delay is disappointing for some, patience is required to ensure a smooth rollout. Dencun’s promises of scalability and cost reduction might just be worth waiting a few more months.
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