Ethereum’s Dencun hard fork has successfully deployed on the Holesky at epoch 29696 [February 7th, 11:35 UTC], clearing the way for its mainnet launch. Numerous prospective projects are causing quite a stir in the community. Among the most noteworthy of these is Ethereum Name Service, whose executive director, Khori Whittaker, revealed intentions to investigate developing a protocol on the Ethereum L2 network and might introduce a dedicated L2.
Whittaker disclosed that the key topics of discussion within the team revolve around optimism development and the application of zero-knowledge proofs to safeguard user information; however, specifics remain unknown at press time. An official statement is currently awaited.
A few days prior, Ethereum Name Service joined hands with GoDaddy to integrate the ENS ecosystem with mainstream domain registration services, bringing the capabilities of Web3 to GoDaddy’s extensive user base. Both of the participating partners have released a dedicated section within their domain management interface to enable a seamless experience for their customers.
As reported by TronWeekly, users can leverage this innovative feature to simply link an Ethereum address with their domain names and get access to numerous applications across the Web3 landscape. The entire process is designed to be user-friendly, without the hassle of additional expenses or technical knowledge.
Meanwhile, the Dencun upgrade is known to introduce the highly awaited “proto-danksharding,” which introduces ephemeral data blobs. This innovative approach is expected to substantially reduce transaction fees on layer-2 rollup networks like Arbitrum, Base, and Polygon zkEVM.
Ethereum Dencun’s Game-Changing Upgrades in Focus
Moreover, Dencun is poised to introduce several significant enhancements, one of which is EIP-1153. This improvement introduces a “transient storage” system aimed at further reducing fees. Another noteworthy development is EIP-4788, designed to enhance transparency by storing the root of each beacon chain block in a smart contract, particularly benefiting bridges and staking pools.
Additionally, the integration of EIP-6780 aims to restrict the use of the self-destruct keyword. After the upgrade, this mechanism ensures that the keyword will not erase the code unless invoked within the same transaction as deployment. Consequently, all funds will be transferred to the deployer, even if invoked in a subsequent transaction.
Ethereum developers are slated to convene on February 8 for a meeting to finalize the mainnet deployment date in Dencun. Despite this, ETH bull Anthony Sassano indicated on February 7 that “all signs point to early-mid March.”
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