Summary
TLDR: Dencun introduced a new way of storing data on the blockchain, expected to reduce transaction costs and attract more applications to the ecosystem.
Key Points
1. Dencun is considered a significant milestone for the ecosystem, introducing a new way of storing data on the blockchain.
2. The change is expected to reduce transaction costs on layer 2 networks to just a few cents, potentially increasing activity and attracting more applications.
3. This development has been hailed as the biggest advancement in nearly a year for the blockchain ecosystem.