Ethereum Developers Delay the Security Enhancing Dencun Hardfork, Here’s Why

Bhushan Akolkar
October 27, 2023 Updated June 17, 2025
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Jump Trading Sells $30M Ethereum, ETH Recovery In Doom?

On Thursday, October 26, Ethereum client developers confirmed that they won’t be implementing the Dencun upgrade before the year-end. This is because the developer clients for the consensus layer and the execution layer are at odds among themselves. The delay in the developments might put further pressure on the Ethereum price.

Developers Cite Consensus Issues

Last month, the Ethereum developers launched the new Holešky testnet behind schedule. Also, the general consensus was that thoroughly testing the upgrade by the time the December holidays arrived was highly unlikely.

During yesterday’s All Core Developers call the consensus seemed to align with the viewpoint of the pseudonymous Prysm developer, Potuz. He asserted, “There is no way we are implementing a mainnet fork in 2023.”

He highlighted the persistent consensus issues that had emerged on the ten developer networks (devnets) established to test the upgrade over the past few months, emphasizing that “not a single one of them has gone smoothly.”

Ethereum clients are divided into two primary categories: those responsible for the execution layer and those managing the consensus layer.

In contrast to the consensus teams, the execution layer client teams reported that they are well-prepared for the upcoming testnets.

“We are in a pretty good place, a lot of things are also on Master now,” stated Lightclient, a Geth developer, referring to the main digital workspace for the Go Ethereum project, where code, files, and revision history are stored.

This week marked the launch of Devnet 10, with plans for the execution clients to transition to a broader test on the Goerli testnet. However, Prysm’s Potuz expressed his reservations about this idea.

“I’m definitely not comfortable at all having a full client fork on Goerli,” he remarked. “I see very significant and profound changes still being implemented in the branch,” he added, referring to Prysm, the software that currently powers 45% of the consensus layer clients.

About the Ethereum Dencun Upgrade

To ensure the security of the Ethereum scaling improvement called Proto-Danksharding, the Dencun upgrade utilizes advanced cryptography techniques.

The KZG Ceremony involved multiple participants, each contributing a secret and performing computations to merge it with previous inputs. This process leads to the creation of a “structured reference string” (SRS), a critical component for the KZG Commitments cryptographic scheme, which is integral to Proto-Danksharding.

The final result of this collaborative effort is integrated into the upgrade. As long as at least one honest participant is involved in the ceremony, the entire setup remains secure. After months of gathering contributions, a total of 141,416 participants ensured a high level of security.

On the other hand, Ethereum scaling project Scroll has been doing well and recently clocked more than $15 million in DeFi TVL.

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Bhushan is a seasoned crypto writer with over eight years of experience spanning more than 10,000 contributions across multiple platforms like CoinGape, CoinSpeaker, Bitcoinist, Crypto News Flash, and others. Being a Fintech enthusiast, he loves reporting across Crypto, Blockchain, DeFi, Global Macros with a keen understanding in financial markets. 

He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills. Bhushan has a bachelors degree in electronics engineering, however, his interest in finance and economics drives him to crypto and blockchain.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.