Ethereum Fusaka upgrade is live! L2 fees will plummet by 40-60% starting tonight, seed phrases can officially be thrown in the trash!
Today, the Ethereum Fusaka hard fork is officially activated!
This is not 'tomorrow', but now! The mainnet block 13,164,544 has just passed, and the upgrade is complete!
Three sentences to clarify how fierce this upgrade is:
1. L2 transaction fees will be cut in half (starting at 40-60%)
PeerDAS (EIP-7594) allows each node to store only 1/8 of the data, directly increasing data capacity by more than 8 times.
Arbitrum, Base, and Optimism will start reaping the benefits tonight, and swapping for a few cents will soon become the norm.
2. L1 also directly becomes powerful
Block gas limit raised from 36M/45M to 60M (EIP-7935), with a maximum single transaction of 16.78M gas (EIP-7825),
No more waiting half an hour for confirmations during peak times.
3. Seed phrases? That's something from ancient times
EIP-7951 officially supports passkey + secp256r1 curve,
In the future, opening a wallet = face recognition/fingerprint, as simple as logging into WeChat.
(MetaMask, Rainbow are already queuing for updates, even grandma can play DeFi)
In summary:
Fusaka upgrades Ethereum from 'a toy for tech enthusiasts' directly to 'a financial system that ordinary people can use'.
Starting tonight, L2 fees will start to dive,
Starting tomorrow, the Moments may be flooded with 'using faces to transfer ETH'.
#ETH #L2Solutions #Web3 $ETH
{spot}(ETHUSDT)
Today, the Ethereum Fusaka hard fork is officially activated!
This is not 'tomorrow', but now! The mainnet block 13,164,544 has just passed, and the upgrade is complete!
Three sentences to clarify how fierce this upgrade is:
1. L2 transaction fees will be cut in half (starting at 40-60%)
PeerDAS (EIP-7594) allows each node to store only 1/8 of the data, directly increasing data capacity by more than 8 times.
Arbitrum, Base, and Optimism will start reaping the benefits tonight, and swapping for a few cents will soon become the norm.
2. L1 also directly becomes powerful
Block gas limit raised from 36M/45M to 60M (EIP-7935), with a maximum single transaction of 16.78M gas (EIP-7825),
No more waiting half an hour for confirmations during peak times.
3. Seed phrases? That's something from ancient times
EIP-7951 officially supports passkey + secp256r1 curve,
In the future, opening a wallet = face recognition/fingerprint, as simple as logging into WeChat.
(MetaMask, Rainbow are already queuing for updates, even grandma can play DeFi)
In summary:
Fusaka upgrades Ethereum from 'a toy for tech enthusiasts' directly to 'a financial system that ordinary people can use'.
Starting tonight, L2 fees will start to dive,
Starting tomorrow, the Moments may be flooded with 'using faces to transfer ETH'.
#ETH #L2Solutions #Web3 $ETH
{spot}(ETHUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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