Ethereum's Dencun: One Week Later

Are Blobs living up to the hype?

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After years of planning, Ethereum successfully implemented its Dencun upgrade last week!

While this hard fork introduced nine changes to the network, the most headline-grabbing of them was EIP-4844 (a.k.a. Proto-Danksharding), which promised to reduce gas fees for Ethereum’s Layer 2s (L2s) through the introduction of “blobs,” which provide a more gas-efficient route to post L2 transaction data.

Today, we turn to the data to analyze if Dencun lived up to the hype and explore how the upgrade has revolutionized Ethereum!

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Jack Inabinet

Written by Jack Inabinet

419 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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