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The long-awaited Dencun upgrade has finally arrived for the Goerli testnet , although low participation resulted in it failing to be finalized in the expected time. The Dencun upgrade , which includes a major update known as “proto-danksharding” designed to help reduce layer-2 transaction fees, went live on Ethereum’s Goerli testnet on Jan. 17, according to Tim Beiko, community manager at Ethereum Foundation. Goerli forked @parithosh_j currently monitoring things live: https://t.co/MGaF9S3Qth — timbeiko.eth ️ (@TimBeiko) January 17, 2024 Beiko acknowledged that the participation among validators for the upgrade was “not great,” but noted that a similar outcome “was expected.” It also appears the upgrade resulted in a “chain split” as not all validators synced with each other for the update. And it seems like we have a chain split! Client teams are looking into it, but it's likely to a while to pin down + fix the ...

A recent press release reveals that Venom has registered over one million wallets barely three months after testnet launch. Over 1 million wallets registered on Venom Following the launch of the Venom testnet on April 26, there has been a noticeable surge in growth. Specifically, registered wallets connected to the mainnet exceeded the 1 million mark in July. This near-exponential growth, the project says, can be attributed to their base technology, strict regulatory compliance, and secure and user-friendly environment. Combined, these Features have been attracting diverse users, including experts and newbies.  In June, Venom’s growth was evident in multiple planes. For instance, the blockchain processed over 277 million transactions, a 46% increase from May. At the same time, the number of accounts deploying smart contracts rose by 65% to 28 million. You might also like: Venom Foundation launches hackathon with a $225,000 prize pool Mor...

Join Our Telegram channel to stay up to date on breaking news coverage Developers of Ethereum want to send the Shanghai upgrade to the public testnet in February. Enabling withdrawals of staked Ether will be given priority in the upgrade, which is scheduled for March (ETH). The launch of the Shanghai upgrade’s public testnet is anticipated for February by Ethereum developers Christine Kim, a research associate at the financial services and investment management firm Galaxy Digital, disclosed this. The testnet will go live before the Shanghai upgrade’s mainnet deployment in March, according to Kim’s study report for Galaxy. She participated in the inaugural All Core Developers Call (ACDC) for 2023, during which Ethereum developers made this decision. Developers reiterated their resolve to attempt and establish public Shanghai testnet s in early February, she added. The research associate at the company with a blockchain and cryptocurrency focus noted that...