.Ethereum’s recent update radically changed how the second-biggest blockchain network works by eliminating its reliance on miners and dramatically reducing its energy costs. The network’s next upgrade, “Shanghai,” will focus on tying up loose ends.
. Ethereum’s gas fees – what users pay to complete an Ethereum transaction – are famously high, making certain kinds of transactions unaffordable. That was especially true as the crypto bull market peaked late last year.
Proto-Danksharding, once it’s released, will mark the first phase of a long-planned transition to sharding – a method of splitting up network activity into “shards” as a way to increase its capacity and bring down fees. It’s unclear when proto-Danksharding will make its way into Ethereum’s next update. On the last developer call, researchers signaled that plans for the feature may be finalized in the next month or so.
That said, Ethereum development goals often are overly optimistic. There was talk of the Merge happening years ago. It took place in September. And even if proto-Danksharding does make it into the Shanghai spec sheet, the full “Danksharding” vision – a fully realized version of sharding that could dramatically improve the network’s usability – remains several months away.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Misinformation and the midterm elections: What to expectA look at key misinformation challenges heading into the 2022 election.
Read more »
Pennsylvania: What to expect on election nightThe perpetual swing state of Pennsylvania is home to two of the most closely watched races in the country this fall.
Read more »
5 things you might not expect in your first year of retirementEven with decades of preparation, surprises are likely to come your way that first year of retirement. retirement
Read more »
Pa. voters shouldn’t expect results on Election Day – but trust the system, judges sayThe message comes from a trio of retired federal judges who say they want to protect the democratic process rather than favor their political parties.
Read more »
Pennsylvania: What to Expect on Election NightThe perpetual swing state of Pennsylvania is home to two of the most closely watched races in the country this fall.
Read more »
Misinformation and the midterm elections: What to expectConspiracy theories about mail ballots. Anonymous text messages warning voters to stay home. Fringe social media platforms where election misinformation spreads with impunity. Misinformation about the upcoming midterm elections has been building for months, challenging election officials and tech companies while offering another reminder of how conspiracy theories and distrust are shaping America's politics .
Read more »