Ethereum's Fusaka Upgrade: A Game-Changer for Layer-Two Networks

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Vineri

Podcast artwork

Categories:

Ethereums Fusaka Upgrade: A Game-Changer for Transaction ProcessingEthereum recently activated its Fusaka upgrade, a significant code update designed to improve efficiency and reduce congestion. This hard fork bundles two important changes: one for transaction processing and another for verification and security. The upgrade introduces PeerDAS, a new system that allows validators to check only small parts of data instead of entire large data packets. This change is expected to lower costs and computational strain for both validators and layer-two networks, speeding up the process and reducing fees associated with transactions. Traditional financial institutions are taking note, with one major firm describing Fusaka as a crucial step towards a more aligned and coherent roadmap for Ethereum.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

Visit the podcast's native language site