Ethereum Plans Fusaka Upgrade for November Launch
Main Idea
The Ethereum network is preparing for the Fusaka upgrade in November, focusing on scalability and efficiency with 11 proposed EIPs, while the SEC explores compliant token standards with Ethereum-aligned organizations.
Key Points
1. The Fusaka upgrade aims to enhance scalability and efficiency with 11 proposed EIPs, including EIP-7825 for security and scalability improvements.
2. EIP-7907 and the controversial EVM Object Format were excluded to streamline development.
3. Testnets are planned through September and October, with a mainnet launch targeted for early November, ideally before Devconnect in Buenos Aires.
4. The SEC recently met with Ethereum-aligned organizations to explore compliant token standards, particularly ERC-3643 and Chainlink’s ACE.
5. ERC-3643 is a token standard developed for compliant capital markets, and Chainlink’s ACE complements it by offering smart-contract-based compliance.
Description
This upgrade will follow the Pectra update, and it aims to enhance scalability and efficiency with 11 proposed EIPs, including EIP-7825 for security and scalability improvements. However, not all proposals made the cut, as EIP-7907 and the controversial EVM Object Format were excluded to streamline development. Testnets are planned through September and October, with hopes to launch before Devconnect in Buenos Aires. Meanwhile, the SEC recently met with Ethereum-aligned organizations to explore ...
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