Ethereum's Fusaka Upgrade has been officially activated

BlockBeats News, December 4th, according to official sources, Ethereum's second major upgrade of the year, Fusaka, was officially activated on the Ethereum mainnet today at 5:49:11 (corresponding to Epoch 411392) Beijing time.

This upgrade was conducted on both the Ethereum consensus layer and execution layer to enhance Ethereum's ability to process large-scale transactions from various Layer 2 networks. It increased the block Gas limit to 60 million and paved the way for subsequent blob parameter adjustments through BPO forks. It is expected to reduce L2 fees by 40% to 60%.