Business Daily Media

The Times Real Estate

.

HTX Ventures unveiled the report on the topic of Ethereum Dencun Upgrade

SINGAPORE - Media OutReach Newswire - 25 March 2024 - HTX Ventures unveiled the report to examine the immediate impacts observed in the week following the upgrade after Dencun upgrade on March 13th, 2024, focusing on cost reduction, network performance, and the broader implications for the Ethereum ecosystem.

HTX Ventures, the global investment arm of HTX, leverages an integrated approach that combines investment, incubation, and research to identify the most exceptional and promising teams around the world. To date, HTX Ventures has supported over 200 projects spanning multiple blockchain tracks, with some high-quality projects already listed on HTX for trading.

Cost Reduction and Network Efficiency
The Dencun upgrade introduced EIP4844, which implemented data blobs—a development aimed at addressing Ethereum’s high fees and slow processing times. Although the full impact on cost reduction is yet to be completely realized due to the technical integrations into roll ups, the initial effects on Layer 2 gas fees indicate substantial improvements:

1. Cost Reductions of Posting data
2. Significant Fee Reductions Across L2 Solutions

Future Outlook and Danksharding
Danksharding remains a pivotal element in Ethereum’s upgrade roadmap, promising further enhancements to network capacity and performance. Planned improvements include increasing the number of blobs per block and exploring advanced data availability (DA) solutions such as PeerDAS. Concurrently, research continues on MEV resistance, Verkle Trees, and network optimization efforts to make Ethereum a more efficient, user-friendly ecosystem.

Next Steps and HTX Ventures' Perspective
As stakeholders in Ethereum's growth, HTX Ventures is enthusiastic about the potential unlocked by these developments. The Dencun upgrade's focus on cost reduction, scalability, security, and usability not only facilitates a more inclusive ecosystem but also paves the way for innovative and complex applications in gaming, SocialFi, DeFi, cross-chain interoperability, and more.

Emerging Trends and Competitive Landscape
Heightened competition among L2 solutions highlights the critical role of community engagement, infrastructure enhancement, and a comprehensive growth strategy integrating business development, sales, and marketing efforts.

Rule of Eigenlayer on Ethereum
The introduction of Eigenlayer significantly broadens the Ethereum ecosystem by integrating numerous protocols, enhancing its flexibility and diversity for a more agile environment.

Conclusion
HTX Ventures remains committed to supporting Ethereum’s journey, providing comprehensive assistance to projects that are at the forefront of decentralized data innovations. By fostering cutting-edge technologies, we aim to contribute to the long-term success and expansion of the Ethereum ecosystem.

Hashtag: #HTXVentures

The issuer is solely responsible for the content of this announcement.

About HTX Ventures

HTX Ventures, HTX's global investment arm, combines investment, incubation, and research to support top teams worldwide. With a decade of pioneering experience, it specializes in identifying innovative technologies and business models in the sector. HTX Ventures aids blockchain projects with financing, resources, and strategic guidance, supporting over 200 initiatives across various sectors, some of which are now listed on the HTX exchange. As a leading Fund of Funds (FOF) investor, it works with top global blockchain funds like Bankeless, IVC, Shima, and Animoca to develop the blockchain ecosystem.

News from Asia

"Relaxing Jiaxing" Creative Naming Journey Launches, A Hong Kong Influencer Lead the Way in Cultural Tourism

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Recently, a well-known travel influencer from Hong Kong was invited by Jiaxing Municipal Bureau of Culture and Tourism and Putike Internation...

Amari Bangkok: Gateway to the Vibrant Heart of the City, Creating Unforgettable Experiences at Every Moment

BANGKOK, THAILAND - Media OutReach Newswire – 7 May 2025 - Located in the dynamic heart of Thailand's capital, Amari Bangkok is an upper-upscale luxury hotel managed by ONYX Hospitality Group — a ...

INIU Expands European Footprint Through Strategic Partnership with SFR

PARIS, FRANCE - Media OutReach Newswire - 7 May 2025 - Powering ahead with innovation, INIU, a globally trusted brand in portable power solutions, is proud to bring its products to even more Fren...

Rhenus signs MoU with Inland Waterways Authority of India (IWAI)

MUMBAI, INDIA - Media OutReach Newswire - 7 May 2025 - Through the Memorandum of Understanding (MoU), leading global logistics service provider, the Rhenus Group, will operate barge services in va...

INIU Partners with Boulanger to Launch Innovative Charging Products in France

PARIS, FRANCE - Media OutReach Newswire - 7 May 2025 - INIU has expanded its partnership with France's leading electronics retailer Boulanger, making its latest innovations—MagPro Slim 5K/10K, P...

New Report Highlights Need for Ecosystem Approach to Help MSMEs in Southeast Asia Adopt More Sustainable Practices

Report by the Centre for Impact Investing and Practices (CIIP) finds growing momentum among micro, small, and medium enterprises (MSMEs) in Southeast Asia to adopt sustainability practices...

His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan acquires Warrants of Diginex Limited to Purchase 6.75 Million Ordinary Shares of Diginex for USD$300 million via a Private Transaction

LONDON, UNITED KINGDOM - Media OutReach Newswire - 7 May 2025 - Diginex Limited ("Diginex") (NASDAQ: DGNX), a global leader in ESG sustainable RegTech, is pleased to announce that His Highness Sha...

CTF Life Title-Sponsored "Fencing Plus" Training Programme by Kai Tak Sports Initiative Officially Kicks Off

Nearly 800 Students Participate in the Selection to Become Future World Champions HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Title-sponsored by CTF Life and organised by Kai Tak Sport...

Chubb Life Launches "Health Up" Insurance Plan to Foster a Wellness Lifestyle for the Tech-savvy Generation

HONG KONG SAR - Media OutReach Newswire - 9 May 2025 - Chubb Life Hong Kong today announced the launch of Health Up Insurance Plan (Health Up), a digital insurance plan aimed at promoting and faci...

F88 officially becomes a public company, paving the way for UPCOM listing

HANOI, VIETNAM - Media OutReach Newswire - 8 May 2025 - On May 6, F88 Investment Joint Stock Company (F88) was officially recognised as a public company, marking a major milestone in its growth an...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy