Ethereum developers have a new update as Merge clocks one


15 Sep 2023 9:30 PM

Ethereum’s development activity skyrockets. However, there seems to be more on the table for the blockchain than just scaling and gas optimization....

  • Ethereum developers are working on the next phase of the blockchain's roadmap, known as the Dencun upgrade.
  • The Dencun upgrade includes improvements to Ethereum's execution layer and consensus layer.
  • Updates have been made to the proposed upgrade, including the deployment of Dencun nodes and the development of EIP-7514, which focuses on staking and validator rewards.
  • The EIP-7514 aims to slow down the growth rate of ETH staking and provide time for the Ethereum community to craft an improved validator reward scheme.
  • The introduction of Arbitrum and Optimism, two Layer 2 networks, is being considered to help with L1 costs and base fees.

The overall sentiment of the article is positive, as it discusses progress and developments in Ethereum's roadmap and upgrades.

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You May Ask

What is the Dencun upgrade and what improvements does it include?What is EIP-7514 and how does it impact ETH staking and validator rewards?How are Arbitrum and Optimism being considered in the Ethereum upgrades?What is the current development activity and validator activity on the Ethereum network?

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