Tim Beiko from the Ethereum Foundation, shares the Importance of the Dencun Upgrade, what are their concerns, and Ethereum's long-term scaling strategy.This episode is sponsored by the Stellar Community FundFollow the show here for more.In this installment of "The Protocol," hosts Brad Keoun, the founding editor of The Protocol Newsletter, and tech journalists Sam Kessler and Margaux Nijkerk, discuss the Ethereum Dencun upgrade, a significant upgrade for the Ethereum blockchain, with a special guest,  Ethereum Foundation's Tim Beiko.The upgrade introduces ephemeral data storage, known as blobs, which will reduce storage costs for layer twos and roll-ups. The Dencun upgrade is technology-neutral and does not favor any specific layer2 solution. However, there are concerns about the potential fragmentation of the Ethereum ecosystem and the shift towards less secure chains. Overall, the upgrade is an important step towards Ethereum's long-term scaling plans. Sign Up for THE PROTOCOL NEWSLETTER Takeaways | The Ethereum Decun upgrade introduces ephemeral data storage, known as blobs, which will reduce storage costs for layer twos and roll-ups.The upgrade is technology-neutral and does not favor any specific layer two solution.There are concerns about the potential fragmentation of the Ethereum ecosystem and the shift towards less secure chains.The Dencun upgrade is an important step towards Ethereum's long-term scaling plans.EPISODE LINKS |  Ethereum Finalizes 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees Ethereum.org 5 Things to Know About Ethereum's Latest, Greatest Upgrade: DencunFrom Our Sponsor: The Stellar Community Fund (SCF) is an open-application awards program that draws on community input to support developers and startups building on Stellar and Soroban. Accelerate your web3 project today.Apply for Funding at communityfund.stellar.org-The Protocol has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “Take Me Back” by Strength To Last.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.