The biggest Ethereum execution layer client, Go Ethereum (Geth), has rolled out a crucial update in preparation for the highly anticipated Ethereum mainnet Dencun upgrade. Geth’s recent release, Geth v1.13.12, codenamed Edolus, plays a pivotal role in the Dencun upgrade journey. This release integrates the mainnet fork number for Cancun and addresses a Geth miner tip enforcement bug.
Furthermore, the update incorporates several Ethereum Improvement Proposals (EIPs). This includes enhancements like transient storage opcodes (EIP-1153), Beacon block root in the EVM (EIP-4788), and Shard Blob Transactions (EIP-4844). Additionally, features such as MCOPY instruction (EIP-5656), SELFDESTRUCT restrictions (EIP-6780), and BLOBBASEFEE opcode (EIP-7516) are now part of the Ethereum ecosystem.
Moreover, Geth’s latest release introduces a refreshed Grafana dashboard alongside fixes and features. This includes era format for cross-client archive data, configurable RPC request limits, and memory-leak fixes for blob transactions. The adherence to engine API spec and minimum miner tip has also been bolstered.
In a recent conference call, Ethereum developers established March 13 as the target date for the Dencun upgrade. The term ‘Dencun’ is a combination of ‘Cancun’ and ‘Deneb.’ “Cancun” denotes the execution layer of the upgrade, while “Deneb” signifies the consensus layer of the upgrade.
The anticipated March upgrade will mark a significant milestone for Ethereum as it introduces the much-discussed proto-dank sharding feature. Notably, proto-dank sharding introduces “data blobs” to Ethereum blocks, allowing layer two solutions to store temporary data cheaply.
In response to these developments, the price of Ethereum (ETH) crossed the $2,500 threshold in the last 24 hours. Its cumulative seven-day trajectory now stands significantly at over 10.2%
ETH Chart | CoinMarketCap
At the time of reporting, ETH trades at $2,534 as market participants exchanged over $7.2 billion of the asset over the past day.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Read the full article here