Ethereum Upgrade: Cheaper Gas Fees and Scaling Progress
Ethereum Upgrade: Cheaper Gas Fees and Scaling Progress
🚀 Cheaper Fees Incoming!
ZKSync, an Ethereum Layer 2 scaling solution, has successfully implemented the Dencun upgrade, which supports EIP-4844 (proto-danksharding) and utilizes blob-carrying transactions to reduce gas fees. OpenZeppelin audited the upgrade for security. While the full impact on transaction fees across Layer 2 solutions may take time to stabilize, ZKSync is starting with one blob per batch to ensure a smooth transition. This upgrade marks a significant milestone in scaling Ethereum and bringing it closer to mainstream adoption, with further work ongoing on validiums, data availability layers, optimized zero-knowledge proofs, and future protocol upgrades.
Happy Dencun upgrade to all Ethereum users🎉 Congratulations to @zksync for achieving cheaper gas fees. OpenZeppelin audited the @zksync upgrade to support proto-danksharding and the utilization of blob-carrying transactions defined in EIP-4844. Check the report 👇🏻
The first L2 blobs to go live secured by @OpenZeppelin 🫡 blog.openzeppelin.com/eip-4844-suppo…
It’ll take some time for the larger Ethereum ecosystem to see the full effects of EIP-4844 on L2 transaction fees. The fee markets will mature as other L2s post blob data. @zksync is starting with 1 blob per L2 batch to give ourselves the ability to switch back to calldata and
Aaaand the first L2 to use blobs is @zksync! 👏 More projects to follow in the coming days - remember to check our new DA tab for updates!
The blobs are here (づ｡◕‿◕｡)づ ⭐ @zksync was the first L2 to post a 4844 blob on Ethereum. It'll take a few days for transaction fees to stabilize across all L2s as the fee markets adjust. In the coming days, we'll see the full impact of 4844 on zkSync 🧵
ZK Proofs Enable Private Transactions on Prividiums
At the Linux Foundation Decentralized event in London, a presentation demonstrated how **Prividiums** maintain complete privacy for transactions, counterparties, and balances. **Key technical approach:** - Zero-knowledge proofs verify transaction correctness - Raw information remains unexposed throughout the process - Privacy is preserved while maintaining verifiability The technology supports **Trust-Based Finance** applications, allowing programs to measure impact and secure funding while maintaining user privacy. This privacy-first approach aims to build trust in the verification process.
UAE Settles Over AED 150M on Blockchain Under Central Bank Oversight
The UAE's ADIChain Digital Dirham Settlement Coin (DDSC) has processed over AED 150 million in settlements under Central Bank of UAE (CBUAE) supervision. **Key Points:** - Settlement infrastructure built on zkSync technology - Demonstrates institutional adoption of regulated, non-USD stablecoins - Operates under central bank oversight, ensuring compliance The milestone highlights growing demand for blockchain-based settlement systems that meet regulatory requirements while serving institutional needs. The DDSC represents a regulated approach to digital currency infrastructure in the Middle East.
zkSync Releases Deep-Dive on Private Atomic DvP Technology
zkSync has published a comprehensive breakdown of their **Private Atomic Delivery versus Payment (DvP)** technology. The deep-dive thread explores how this mechanism enables secure, simultaneous exchange of assets while maintaining privacy - a critical feature for institutional and retail trading on Layer 2. **Key aspects likely covered:** - Atomic settlement ensuring both parties receive assets simultaneously - Privacy-preserving features for transaction details - Implementation within zkSync's zkRollup infrastructure This development represents zkSync's continued focus on building institutional-grade infrastructure while maintaining the privacy and security standards expected in modern blockchain systems. [Read the full thread](https://x.com/zksync/status/2069132329663258927)
🏦 Atomic DvP Settlement Slashes Compliance Costs While Boosting Capital Efficiency
Prividium introduces **private atomic settlement** using Delivery versus Payment (DvP) workflows between private bank Zones. **Key features:** - Atomic DvP settlement reduces compliance and operational costs for financial institutions - Increases capital efficiency through private atomic connectivity - Data remains under user control while enabling cross-chain interactions - Combines privacy with atomic settlement capabilities The technology enables financial institutions to settle transactions atomically while maintaining privacy, addressing traditional trade-offs between efficiency and compliance in financial operations.
ZKsync Co-Sponsors SODA Survey on Tokenization at Investment Banks
ZKsync has co-sponsored SODA's 2026 Tokenization at Investment Banking survey, which gathered insights from 16 of the world's largest sell-side institutions. The report provides a realistic assessment of the current state of tokenization in traditional finance. It examines how major investment banks are approaching and implementing tokenization strategies. **Key aspects:** - Survey includes perspectives from top-tier financial institutions - Offers data-driven view of tokenization adoption - Available for download through ZKsync's blog The full report can be accessed at [ZKsync's blog](https://www.zksync.io/blog/soda-tokenization-report-2026).