🚀 Ethereum Fusaka Upgrade to Enhance Layer 2 Transaction Processing
#Ethereum #FusakaUpgrade #Layer2 #TransactionProcessing #Blockchain #GasLimit #BPOForks #FeeReduction #EthereumUpgrade #Crypto #ETH
According to BlockBeats, the Ethereum Fusaka upgrade is set to activate in approximately 9 hours at 21:49:11 UTC on December 3, or 05:49:11 UTC+8 on December 4. This upgrade will occur on both the Ethereum consensus and execution layers, aiming to improve Ethereum's capacity to handle large-scale transactions from various Layer 2 networks. The block gas limit will be increased to 60 million, and BPO forks will pave the way for future blob parameter adjustments. The upgrade is expected to reduce Layer 2 fees by 40% to 60%, enhancing the speed and cost-effectiveness of Layer 2 usage.#Ethereum #FusakaUpgrade #Layer2 #TransactionProcessing #Blockchain #GasLimit #BPOForks #FeeReduction #EthereumUpgrade #Crypto #ETH