Ethereum’s second major update of the year, Fusaka, has launched, bringing increased data capacity, reduced transaction costs, and increased usability.
The update is officially gone live on the Ethereum mainnet at 21:49 UTC on Wednesday 411392 Epoch, and the main feature is Peer Data Availability Sampling (PeerDAS), which provides significant scaling opportunities for Ethereum and Layer 2.
Earlier this week, the Ethereum Foundation published a detailed description thread via Ethereum X account, broken down by importance to users, developers, node operators, tier 2 and rollups, and enterprises.
The Ethereum Foundation said Fusaka brings Ethereum one step closer to providing “near-instant transactions”, with increased speeds that provide a more seamless user experience.
“Fusaka lays the foundation for a user experience that can be felt immediately. Pre-confirmations based on pre-confirmations reduce transaction latencies from minutes to milliseconds. Combined with lower transaction costs, this opens the door to a new level of usability.”
In terms of L2 and multipacks, Fusaka will “unlock up to 8x data throughput” via PeerDAS, he added, because it creates a much more effective way of processing information on the network.
In layman’s terms, PeerDAS fragments entire blocks of bulk data into smaller cells. This results in nodes having to download and transmit significantly less data, which allows them to process information faster and allows L2 to interact more efficiently with the Ethereum mainnet.
“For rollups, this means cheaper blob fees and more room for growth (plus lower user fees), all while maintaining a decentralized network,” the Ethereum Foundation said.
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Analysts speculate that Fusaka could fuel ETH’s recovery
Given the array of hidden improvements that Fusaka will provide, the market is anticipating a reaction from the ether (ETH) price.
In a Sunday post on X, MerlijnTrader highlighted to his 404,700 followers the impact that Ethereum’s previous upgrade, Pectra, had on ETH, tips price to gain even more this time.
“Pectra caused a +58 move. Fusaka is built for stronger starts. Price lags fundamentals. But not for long.”
Wednesday November 29, Bitcoin AND @LLuciano_BTC it happened again similar feelings to his 2 million followers X.
“Fusaka seems even bigger, this is the kind of catalyst that really sparks upside,” he said, adding that “Ethereum is finally showing how far it can scale while staying true to its design.”
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