Ethereum Fusaka upgrade is now online! L2 fees will start plummeting by 40-60% 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!
In three sentences, here’s how fierce this upgrade is:
1. L2 transaction fees are going to be halved (starting from 40-60%)
PeerDAS (EIP-7594) allows each node to store only 1/8 of the data, and the data capacity is directly multiplied by over 8 times.
Arbitrum, Base, Optimism will start benefiting from it tonight, swapping a few cents will soon become the norm.
2. L1 also becomes a powerhouse
The block gas limit has been raised from 36M/45M to 60M (EIP-7935), and a single transaction can use up to 16.78M gas (EIP-7825),
no more waiting half an hour for confirmation during peak times.
3. Seed phrases? That’s something from ancient times
EIP-7951 officially supports passkey + secp256r1 curve,
from now on, opening the wallet = face/fingerprint scan, as easy as logging into WeChat.
(MetaMask, Rainbow are already queuing for updates, even grandma can play DeFi)
In summary:
Fusaka has upgraded Ethereum from 'a toy for techies' directly into 'a financial system usable by ordinary people'.
Starting tonight, L2 fees will start to dive,
starting tomorrow, social media might be flooded with 'using face to transfer ETH'.
#ETH #L2Solutions #Web3 $ETH