The Ethereum Cancun Upgrade: A Possible Solution for Ethereum’s Scalability Problem

The Ethereum Cancun Upgrade: A Possible Solution for Ethereum’s Scalability Problem

What Is The Ethereum Cancun Upgrade? The Ethereum blockchain is on the cusp of a significant upgrade known as Cancun-Deneb, set to take place in early 2024. This update is a major step in enhancing the network’s ability to scale, introducing new Ethereum Improvement Proposals (EIPs) that aim to reduce gas fees, bolster security, and…