zkSync eyes lower fees, ‘bigger batches’ after Ethereum’s Dencun upgrade | Headlines | News | CoinMarketCap

02/09/2024 18:22
zkSync eyes lower fees, ‘bigger batches’ after Ethereum’s Dencun upgrade | Headlines | News | CoinMarketCap

The upcoming Duncan upgrade on Ethereum, expected in mid-March, will introduce what's known as "proto-danksharding." This upgrade is drawing …

The upcoming Duncan upgrade on Ethereum, expected in mid-March, will introduce what's known as "proto-danksharding."

This upgrade is drawing attention from Ethereum enthusiasts for its potential to enhance Layer 2 solutions such as zkSync, Optimism, Arbitrum, and others, marking Duncan as a crucial development for their future.

Proto-danksharing (or EIP-4844) aims to incorporate off-chain ‘data blobs’, enabling the inclusion of more data in Ethereum transactions without affecting block processing times. This is being touted as key for the scalability of Layer 2s on the network, offering them the capability to utilize increased data capacity.

Consequently, a major decrease in transaction costs on Ethereum Layer 2s is anticipated. “The overwhelming difference that users will notice with …

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