Ethereum News Today: Ethereum's Fusaka Upgrade to Boost Efficiency 150% with 11 EIPs

Ethereum’s upcoming Fusaka upgrade, scheduled for early November, is set to enhance the network’s efficiency and security. This hard fork will introduce 11 Ethereum Improvement Proposals (EIPs), with a notable focus on EIP-7825, which aims to bolster the network’s resilience and scalability. The upgrade will also increase the gas limit to 150 million, allowing more transactions to be processed per block, which could potentially lower costs and improve speed. However, the proposal to double contract code size (EIP-7907) and the controversial EVM Object Format upgrade have been excluded from this hard fork to expedite testing.

Testing for Fusaka is planned for September and October, with two public testnets scheduled before its launch. Developers are working diligently to meet the deadline, with Devconnect, a key event for Ethereum developers, scheduled for November 17 to 22 in Buenos Aires, Argentina. The urgency of launching Fusaka on the Ethereum mainnet this year has been emphasized by Nixo, an Ethereum protocol support member, who stated that the timeline needs to be tight to meet the Devconnect deadline.

Looking beyond Fusaka, the Ethereum community is already anticipating the Glamsterdam hard fork, expected in 2026. This upgrade could introduce significant changes, including a proposal by Ethereum core developer Barnabé Monnot to reduce the block time from 12 seconds to six seconds. This change would make the network much faster, enhancing the user experience and improving the efficiency of decentralized finance (DeFi) applications. Additionally, many Ethereum validators are backing a proposal to raise the network’s gas limit to 45 million, aiming to lower transaction fees and boost scalability. According to Ethereum co-founder Vitalik Buterin, nearly half of all staked ETH supports this change, indicating strong community backing for greater network capacity.

Fusaka and Glamsterdam are pivotal for Ethereum’s future, reflecting the developers’ commitment to improving the network’s scalability, security, and efficiency. These upgrades are essential for Ethereum to remain a leading blockchain platform, capable of handling the growing demands of its users and the wider crypto world. The community eagerly awaits these enhancements, which promise to significantly improve the network’s performance and functionality.