The Ethereum (ETH) blockchain has confirmed that its highly anticipated Fusaka Upgrade is scheduled for launch on December 3, which follows the previous Pectra upgrade, introducing several key improvements for the network.
What Ethereum Users Can Look Forward To
According to Friday’s official announcement on social media, the Fusaka Upgrade aims to make Ethereum applications faster, safer, and more user-friendly, bringing the platform closer to the functionality typical of consumer apps.
One of the major advancements included in the Fusaka upgrade is enhanced data scaling, which will enable near-instant transactions on the network. This improvement is expected to significantly reduce transaction speeds from minutes to milliseconds.
The addition of mobile-ready wallets will also facilitate secure logins through passkeys, utilizing the hardware of users’ phones, which makes for a more streamlined and cost-effective experience.
Fusaka also introduces PeerDAS (EIP-7594), a feature that boosts data throughput by validating information via sampling, potentially increasing the throughput by up to eight times.
This will also lead to reduced fees associated with blob transactions and provide additional space for growth, ultimately lowering user costs while maintaining the network’s decentralization.
Gas Limits, Security, And Fee Predictability
One of the upgrade’s most notable effects is the increase in gas limits—from approximately 45 million to 60 million—expanding the network’s overall capacity.
Additionally, the implementation of history expiry is designed to support lighter and cheaper nodes in the long run, facilitating smoother integration of blockchain infrastructure into existing corporate security standards.
Moreover, the Fusaka Upgrade is expected to natively support the standard cryptographic curve, secp256r1, aligning Ethereum’s cryptographic protocols with established standards.
Lastly, enhancements to blob base-fee tuning are further expected to improve fee predictability, which aims to provide the blockchain’s users with a more consistent understanding of transaction costs.
When writing, Ethereum was trading at $3,045. Although it has recaptured this critical level, the token is still approximately 38% below its all-time high. However, the planned upgrade may result in increased adoption, usage, and demand for the altcoin, which might lead to further price recoveries.
Featured image from DALL-E, chart from TradingView.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.