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After years of planning, Ethereum successfully implemented its Dencun upgrade last week!
While this hard fork introduced nine changes to the network, the most headline-grabbing of them was EIP-4844 (a.k.a. Proto-Danksharding), which promised to reduce gas fees for Ethereum’s Layer 2s (L2s) through the introduction of “blobs,” which provide a more gas-efficient route to post L2 transaction data.
Today, we turn to the data to analyze if Dencun lived up to the hype and explore how the upgrade has revolutionized Ethereum!
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