Ethereum is poised for a significant transformation with its upcoming network upgrade, Fusaka, scheduled to launch on December 3. This pivotal update, as outlined by the Ethereum Foundation, aims to demonstrate the network”s capacity to scale effectively and meet global demand while preserving its decentralized nature.
A major focus of Fusaka is to enhance the user experience, making it more comparable to mainstream consumer applications. Reports indicate that data scaling will enable near-instantaneous transactions. Additionally, mobile wallets will gain hardware-compatible passkey support, which promises safer logins at a reduced cost.
At the heart of Fusaka lies PeerDAS (EIP-7594), a crucial technical advancement that directly influences the rollup and layer-2 ecosystems. By employing data sampling for transaction verification, this model can potentially increase the network”s data processing capacity by up to eight times. This improvement is expected to lower blob fees and stimulate growth for rollups, thereby enhancing scalability and reducing transaction costs for users.
Developers in the app and decentralized finance (DeFi) sectors will benefit from Fusaka”s design, which facilitates “instant” interactions. Mechanisms that pre-approve transactions are poised to cut down latency from several minutes to mere milliseconds, while the reduction in costs opens new avenues for usability. However, it is essential for developers dealing with large transactions to consider the gas limit of 224 per transaction.
Node operators will also experience significant changes due to the upgrade. The block gas limit has been raised from approximately 45 million to 60 million, and the introduction of “history expiry” will streamline history storage, leading to lighter and more cost-effective node operations over time. However, updated bandwidth requirements will affect operators of “super nodes” who stake 4,096 ETH or more.
On the enterprise front, Fusaka prioritizes compatibility. The upgrade includes native support for the secp256r1 curve, enhancing its alignment with Ethereum”s security standards for enterprise applications. Furthermore, adjustments to the blob base fee structure will provide more predictable transaction costs, simplifying integration for large organizations.
As Ethereum gears up for this transformative upgrade, stakeholders across the ecosystem are keenly anticipating the impacts on transaction speed, cost, and overall network efficiency.
