On December 3, #ETH走势分析 , Ethereum is going to make a big move - the Fusaka upgrade is officially launched.

This name is quite interesting, "Fulu" + "Osaka" combined together. The development team is likely trying to suggest that this upgrade addresses both the underlying functionalities and practical application scenarios. In other words, it aims to tackle the longstanding issues of Layer 2 networks: slow transactions and high confirmation costs.

This upgrade includes 12 EIP proposals, mainly doing two things: optimizing data compression and restructuring state validation. Sounds very technical? Translated, it means that operations running on Arbitrum and Optimism may become twice as fast in the future, and transaction fees could also be reduced.

The community reaction is quite lively. Some developers jokingly said that this is the end-of-year benefit that Ethereum has prepared for Layer 2, while others are focusing on the actual data after the mainnet launch to see if the promises can truly be fulfilled.

If this wave of upgrades goes smoothly, Ethereum will make stable progress in its layered architecture. As for how effective it will be, we will find out in three days. $ETH