Ethereum Developers Unveil Timeline for Fusaka Release, Anticipating Mainnet Debut in December
The Ethereum network is set to undergo a significant upgrade with the Fusaka release, following the successful deployment of the Pectra protocol upgrade and the Dencun upgrade. The Dencun upgrade, which went live in March 2022, introduced blob transactions and significantly boosted Layer-2 scalability. This development led to a 90% drop in data availability costs and reduced monthly expenses for some protocols from $15,000 to $1,500 by switching to blob transactions. Transaction fees were also reduced by up to 73% after Dencun's launch. Christine Kim, a former Vice President of Research at Galaxy Digital, shared details about the Fusaka upgrade. The Fusaka updates are expected to lower Layer 2 (L2) rollup costs and increase transaction throughput. The Fusaka upgrade is part of the network's 'Surge' phase, targeting throughput and resilience through expanded blob capacity, validator optimizations, and PeerDAS integration. Key changes in the Fusaka upgrade include PeerDAS for data availability sampling and spam control, an increase in blob capacity, and a higher gas limit of 150 million units. The Ethereum Foundation is forming a new artificial intelligence unit called the dAI Team. The new head of the dAI team, which focuses on enabling AI agents and robots for independent payments, coordination, and governance, is Davide Crapis. The dAI Team's main priorities include building open and verifiable systems that resist censorship and limit control by centralized players. Preliminary analysis on Devnet-5 has shown that blob capacity should more than double over the two weeks following its activation. The Fusaka upgrade will be rolled out on Sepolia on October 14, followed by the Holesky testnet on October 1 and Hoodi on October 28. The mainnet launch for the Fusaka upgrade is scheduled for December 3. The Fusaka upgrade introduces 11 proposals aimed at improving scalability, node stability, and validator performance. These proposals are expected to further enhance the Ethereum network's capabilities and prepare it for a more decentralized and efficient future. In summary, the Fusaka upgrade represents a significant step forward for the Ethereum network, promising to improve scalability, reduce costs, and enhance the network's resilience. The dAI Team's focus on enabling AI agents and robots for independent payments, coordination, and governance also opens up exciting possibilities for the future of decentralized finance and governance.
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