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Ethereum (ETH) Holesky testnet Dencun hard fork expected in 12 hours

Ethereum (ETH) Holesky testnet Dencun hard fork expected in 12 hours

"The Ethereum (ETH) Dencun upgrade will be active on the Holesky testnet within 12 hours," reported EtherHub co-founder 'sassal.eth' (account X). The ETH Foundation previously performed the Denkun hard fork upgrade on the Goli and Sepolia testnets on January 17-31. The mainnet upgrade is expected to take place in early to mid-March.

Blockchains always upgrade to address scalability issues they face. Ethereum is no different, and this hard fork is a rollup to improve it. Ethereum's Dencun hard fork is a massive upgrade that includes a number of updates, including EIP-4844 (proto-danksharding) to improve ETH scalability, system optimizations and network security improvements. This is expected to result in a more than 10x reduction in fees.