After the Shanghai upgrade, developers plan to introduce EIP-4844 that could potentially increase the capacity of Ethereum rollups by up to 100x.
at the 151st Ethereum Core Developers Meeting on Dec. 8, core programmers set a tentative deadline of March 2023 for the Shanghai hard fork. In addition, developers will aim for May or June 2023 to launch Ethereum Improvement Protocol 4844 upgrade that will introduce proto-danksharding to the network.
Although the much-anticipated proof-of-stake Merge upgrade was completed on Sept. 15, staked Ether , are currently. The token is created by decentralized finance protocol Lido with close to 3.5 million stETH in circulation. After the Shanghai upgrade, stETH users can withdraw their funds along with any applicable staking rewards for validating network transactions.
After the hard fork, the EIP-4844 upgrade is designed to introduce a new data-blob-transaction prototype previously invented by developers on Feb. 21, 2022. Currently, layer-2 technologies such as optimism rollups can move Ethereum computation and network storage off-chain to improve scalability by 10x to 100x. Developers anticipate that by introducing large portable bundles that can contain cheaper data in Ethereum transactions, it can improve the capacity of rollups by up to 100x.
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