The Fusaka hard fork, scheduled for November, promises significant improvements in scalability and security for the Ethereum network. Developers are implementing new improvement proposals (EIPs), which will transform the blockchain's operation.
Key Features of the Fusaka Hard Fork
Fusaka includes EIP-7825, aimed at making the network resistant to malicious attacks. Raising the gas limit to 150 million is also proposed to enhance network throughput. Other proposals, such as EIP-7907, were dropped to expedite testing.
Gas Limit Adjustments and Validator Support
The Ethereum development team plans to implement the Glamsterdam upgrade immediately after Fusaka, which includes reducing block time to 6 seconds. Support from validators for the increase in the gas limit to 45 million indicates broad support for this change, although it raises concerns about network centralization.
ETH Price Surge and Analyst Predictions
Ethereum has soared to a seven-month high of $3,745, linked to a sharp increase in demand. Analysts suggest that ETH is at a crucial turning point, with its price potentially reaching $10,000 in the future, though high prices could trigger selling pressure.
The Fusaka hard fork and planned upgrades represent crucial steps in Ethereum's development, enhancing its competitiveness and improving user experience.
