Dencun includes simultaneous upgrades happening on the two sides of the blockchain. The “Cancun” upgrade will happen on the execution layer, where all protocol rules reside, while the consensus layer, which makes sure that blocks are validated, will go through its own fork known as “Deneb.” The name “Dencun” is a portmanteau of the names of the simultaneous upgrades.
Related posts
-
Cathie Wood’s Ark Pulls Back From Ethereum (ETH) ETF, Likely Due to Fee War
Seyffart also believes that Ark made the decision based on the low fees. “It’s possible that... -
VanEck Revises Ethereum Prediction To Put Price At $22,000, Here’s Why
Asset manager VanEck recently revised its prediction for Ethereum (ETH), revealing what price it believes the... -
Ethereum Price Indicators Flash Green: More Upsides Ahead?
Ethereum price is slowly moving higher above the $3,800 resistance zone. ETH could gain bullish momentum...