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Ethereum’s development team is expediting the testing phase for Dencun, a much-anticipated network upgrade scheduled for 2024. This upgrade aims to bring forth data storage capabilities and enhance blockchain scalability through the implementation of a process known as “proto-danksharding.”



The upcoming feature holds the potential to decrease fees associated with layer 2 rollups—solutions designed atop Ethereum to enhance transaction speeds and reduce costs. Additionally, it will broaden the blockchain’s data capacity by enabling the storage of substantial “blobs” of data.



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