Ethereum Developers Set Final Date for Fusaka Upgrade
Ethereum developers have officially scheduled the Fusaka upgrade to go live on December 3, following a successful final testnet. This update will implement PeerDAS, a new data-sampling method aimed at making layer-2 transactions faster and cheaper by expanding blob space in each block. Vitalik Buterin has emphasized PeerDAS as crucial for layer-2 scaling, aiding Ethereum’s goal of mass global adoption. Fusaka represents a significant step forward in Ethereum’s scalability, building upon features introduced in previous upgrades, such as blobs, which enabled temporary storage of layer-2 data, thus significantly reducing gas fees and transaction times. After successful deployment on several testnets, developers express excitement and confidence about the upgrade, expecting it to enhance Ethereum's capacity to handle numerous transactions at negligible costs. However, it remains uncertain how the upgrade will influence Ethereum’s market price, which has seen a slight decline recently.
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