The post Ethereum Improvement Proposals to watch in 2024 appeared on BitcoinEthereumNews.com.

The latest Ethereum All Core Developers meeting finally put some tentative dates on the upgrade schedule for the next mainnet hard fork, Dencun. With the caveat that it’s only “if no major issues arise,” Ethereum devs are eyeing the following dates for forking Ethereum’s public testnets: Goerli: Jan. 17 Sepolia: Jan. 30 Holesky: Feb. 7 This will be the last time that Goerli is included in the testing regimen, as the network is slated for deprecation. They also discussed what comes next — the as-yet-un-nicknamed Prague/Electra upgrade. The Ethereum community is considering whether to focus on a large core feature — which could take a year of work —  or structure the upgrade around multiple smaller improvements, which could be feasible for late 2024. A decision will come in the new year, but for now, here are some of the improvements to watch in 2024 in the wake of Dencun: EIP-4844 (Proto-Danksharding) This is the big kahuna among Dencun EIPs, which were the focus of many news stories in 2023. Read more: Ethereum’s next upgrade to focus on blobs The upgrade “will reduce the cost of data availability across all layer-2s,” StarkWare co-founder Eli Ben-Sasson told Blockworks. “So that’s something that Starknet is very much anticipating so that users can have lower costs.” It’s at the “forefront” of what Lucas Henning, chief technology officer of Web3 wallet developer Suku, calls “a year of groundbreaking improvements for Ethereum.” “[EIP-4844 is] a transformational enhancement” that will slash rollups gas fees “by up to 100x,” Henning told Blockworks. Read more: Core devs rule out Dencun fork this year Account abstraction comes into its own Also at the top of Henning’s mind are improvements taking advantage of account abstraction: ERC-4337 and its extension, ERC-6900. ERCs are a subset of EIPs focusing specifically on token…

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Filed under: News - @ January 1, 2024 5:16 pm