|

Ethereum’s Fusaka fork primed for mainnet after final testnet debut

Ethereum’s next major upgrade, Fusaka, is now live on the blockchain’s final testnet, Hoodi, setting the stage for its Dec. 3 mainnet launch that is slated to add several scalability and security improvements to the network.

“Another smooth upgrade, another key milestone on the road to Fusaka,” Nethermind said in a post to X on Tuesday after its widely used validator client completed the fork.

Fusaka will add several Ethereum Improvement Proposals (EIPs), such as Peer Data Availability Sampling, or PeerDAS, via EIP-7594, enabling validators to read smaller pieces of data on layer 2 networks as opposed to full blobs, boosting node efficiency.

EIP-7825 and EIP-7935 are also included in the update, which aim to raise the gas limit and improve efficiency as Ethereum prepares to unlock parallel execution, the processing of multiple smart contracts at the same time. Other EIPs in the update focus on improving zero-knowledge rollups.

Chart

Source: Nethermind

The technical milestone comes amid a major leadership shake-up at the Ethereum Foundation in recent months, with several key contributors departing and criticizing the direction in which the foundation is steering the network.

Meanwhile, Ether has hit an all-time high this year on the back of rising inflows into exchange-traded funds and increased corporate treasury adoption of the token.

Fusaka a three-part process

Execution of Fusaka will occur across three stages: first, the actual mainnet launch; second, the EIP implementing the blob capacity increase will be activated; and third, the second blob capacity hard fork will take effect.

Once Fusaka is implemented, attention will turn to the Glamsterdam upgrade, which is also part of the “Surge” stage of the Ethereum technical roadmap focused on making it more scalable.

Chart

Source: Consensys

Fusaka aims to fine-tune weak point in blockchain trilemma

The upgrade is looking to improve Ethereum’s scalability, one third of the so-called “blockchain trilemma” coined by Ethereum co-founder Vitalik Buterin that also includes decentralization and security.

Ethereum was designed to prioritize decentralization and security over scalability and several rival layer 1 blockchains, including Solana and Sui, have focused on scalability to offer faster transactions to compete with Ethereum.

The Fusaka hard fork comes around six months after Ethereum’s last major upgrade, Pectra, which focused on staking performance and wallet features for improved user interface and user experience. 

Author

Cointelegraph Team

Cointelegraph Team

Cointelegraph

We are privileged enough to work with the best and brightest in Bitcoin.

More from Cointelegraph Team
Share:

Editor's Picks

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals
Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.