What is Ethereum Dencun upgrade?
The Dencun update, which will reduce transaction fees on layer 2 chains running on Ethereum, has been launched on the network without any problems. Dencun, which is a combination of two simultaneous updates called Deneb and Cancun, will also reduce the load on the Ethereum Virtual Machine (EVM) with “Proto-Danksharding” technology and enable transactions to take place faster.