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Ethereum Sets December 3 Date for Major Fusaka Scalability Upgrade

Ethereum’s Fusaka Upgrade Promises Eightfold Boost in Network Throughput and $2M Security Bounty

  • Ethereum plans to launch the Fusaka upgrade on December 3.
  • The upgrade is designed to increase the network’s transaction capacity.
  • Peer data availability sampling will allow an estimated eight-fold jump in throughput.
  • The upgrade includes proposals to raise the block gas limit, boosting transaction volume per block.
  • An audit contest is offering up to $2 million to security experts who find vulnerabilities before launch.

Ethereum developers have scheduled the Fusaka upgrade for December 3. The update aims to increase the blockchain’s ability to process transactions while preserving network security and decentralization.

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According to figures cited in the source, Ethereum currently supports over $132 billion in deposits, far more than the next largest network, Solana. Fusaka will introduce changes that support higher transaction volumes, including a feature called peer data availability sampling, also known as PeerDAS, which is expected to significantly improve scalability.

Developers explained that PeerDAS allows nodes to store only one-eighth of current data requirements from layer 2 blockchains, resulting in a potential eight-fold increase in network throughput. Plans also include groundwork for raising the block gas limit, making it possible to include more transactions in each block. Additionally, coordinated testing with Ethereum clients will explore a gas limit increase of up to 233%. The upgrade also addresses risks like security vulnerabilities and potential impacts on decentralization.

Layer 2 blockchains are those built on top of the main Ethereum blockchain and rely on posting data back to the mainnet for security. Data availability sampling reduces the burden on network participants by distributing the data for validation. Updates will also add measures to offset the risk of spam or denial-of-service attacks that could come with raised gas limits.

Other networks such as Polygon are planning similar increases to their own gas limits. The Ethereum Foundation is running an audit contest, offering up to $2 million to security researchers who can identify vulnerabilities in the Fusaka code before its mainnet release.

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Initial testing for Fusaka is set to take place on the Holesky testnet on October 1. More details on the audit contest can be found on the Ethereum Foundation blog.

Tim Craig from DL News contributed reporting for this article.

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