|
|
The Ethereum mainnet officially underwent the long-awaited Dencun upgrade on March 13th, US time. The upgrade, as explained in many articles, essentially enhances Ethereum's scalability on layer-2. Through the proto-danksharding mechanism, it improves data storage efficiency by allowing Ethereum layer-2 to temporarily store data in Blob without the need to update to the mainnet, thus handling larger volumes of data at lower costs.
Put simply, this upgrade significantly reduces transaction costs on Ethereum layer-2. Currently, layer-2 technology is the hottest development topic in the Ethereum ecosystem. It has attracted many institutions to invest in the research and development of this field as early as last year, such as Coinbase's Base ecosystem. It is expected that this technology can create an almost zero-cost transaction environment, which may contribute to the future promotion of cryptocurrencies as practical payment tools.
However, the market's response has been somewhat different. Ethereum has not seen significant price increases, but tokens derived from Ethereum have experienced greater gains. Tokens like Solana, MATIC, and Maker have seen average daily increases ranging from 5% to 10%. BNB's price performance is particularly notable, with a 15% increase. This price performance is likely unrelated to the upgrade but rather influenced by the listing of new tokens. |
|
Post time 24-3-2024 05:48:57
