Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees.The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum. https://img.decrypt.co/insecure/rs:fit:1920:0:0:0/plain/https://cdn.decrypt.co/wp-content/uploads/2024/03/ethereum-gID_7.jpg@webp
Ethereum is on the brink of a significant milestone with the impending 'Dencun' upgrade, designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum. The upgrade, scheduled to activate around 13:55 UTC (9:55 a.m. ET), is expected to bring the most substantial code change to the blockchain in over a year.