Announcement: Ethereum Fusaka Upgrade will activate in approximately 9 hours

BlockBeats News, December 3, the Ethereum Fusaka upgrade will be activated in about 9 hours (UTC time December 3, 21:49:11, Beijing time December 4, 05:49:11). This upgrade will happen simultaneously at the Ethereum consensus layer and execution layer, enhancing Ethereum's ability to process large-scale transactions from various Layer 2 networks. The block Gas limit will be increased to 60 million, and through BPO forks, it will pave the way for future blob parameter adjustments. It is expected to reduce L2 fees by 40% to 60%, making the L2 usage experience faster and more cost-effective.