While Dencun’s fee reduction for layer 2s is a significant bonus, it’s not the main benefit of the upgrade, Fuel Labs’ Nick Dodson told Cointelegraph.
Ethereum’s Dencun hard fork, considered the biggest upgrade since the Merge, went live on mainnet on March 13.
While most people were focusing on the promised transaction fee reduction for layer-2 scaling networks, the most significant benefit of the upgrade is actually fee stabilization, Nick Dodson, the co-founder and CEO of Fuel Labs, told Cointelegraph in an exclusive interview:
“On the point of EIP-4844, a lot of people talk about the fee reduction, but it’s more about fee stabilization. It’s actually more about expanding capacity and scale and not so much lowering fees.”
