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Ethereum Gears Up for Data Storage Breakthrough with Dencun
Ethereum developers are accelerating testing for Dencun, a highly anticipated network upgrade set for 2024. It will introduce data storage capabilities and scale the blockchain through a process called “proto-danksharding.”The new functionality promises to reduce fees for layer 2 rollups—solutions built on top of Ethereum to improve transaction speeds and costs—and expand data capacity on the blockchain by enabling the storage of large “blobs” of data.Also read: Binance Coin Christmas Price Pred