Ethereum’s next update

What is Dencun?

With the upcoming Dencun upgrade, Ethereum will adopt EIP-4844, commonly called proto-danksharding. This upgrade introduces type-3 transactions (blobs), bringing new opportunities and new complexity for Layer 2 networks to optimize how they settle to the base layer.

What is Dencun

View blobs in real-time

View blobs enter the mempool and land on-chain with the Ethernow Transaction Explorer.

Estimate blob gas fee

Blocknative will be adding blob gas fee estimation to the existing gas APIs.

Research blob history

The Mempool Data Archive will store blob data for L2s and researchers to use.

How will Ethereum's Dencun Upgrade Affect Me?

There is nothing you need to do to prepare for the Dencun upgrade, it will happen seamlessly and users will not have to change anyway in which they interact with either Ethereum or any of its layer 2 networks.

One positive impact is that you should see lower gas prices once the update is complete. Layer 2's should gradually shift to using proto-danksharding which will result in gas prices settling at lower levels.

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Is there any way to watch the Dencun upgrade live and in real time?

Yes! The upgrade will happen at 13/03/2024 13:55:35 UTC at Beacon epoch 269568 (Beacon slot 8626176).

Ethernow.xyz is a real time observability platform for Ethereum and you will be able to watch blocks and transactions come into the mempool at the exact time as Dencun is rolled out.

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Observe Ethereum in real-time with Ethernow

Gas

Sei 101: How Gas Fees Work on Sei

Sei is the first parallelized EVM chain, which combines the advantages of Ethereum and Solana . Designed with speed and efficiency at its core, Sei is optimized to handle high-volume transactions while maintaining security and decentralization.

Blocknative

Gas

From Public To Private Transactions In Ethereum: The Flippening

Over the past year, Ethereum has seen a dramatic rise in private transaction order flow. New analysis using data from the Blocknative Data Archive shows that private transactions now consume more than 50% of all Ethereum L1 block space when measured by gas used.

Blocknative

Gas

How Self-Built Blocks Unintentionally Introduce Base Fee Volatility

Thank You to Toni Wahrstätter, Justin Drake, Barnabé Monnot, Julian Ma and others who contributed to the discourse and provided feedback on the piece.

Blair Marshall

Countdown to Dencun Upgrade

The Dencun Upgrade is now live!