The Fusaka upgrade activated on December 4th for Ethereum focuses on three core benefits: network performance, ecosystem development, and market confidence.
1. Significantly enhance network throughput and efficiency: The core introduces PeerDAS technology, allowing nodes to store only about one-eighth of the binary large object (blob) data to verify availability, theoretically increasing blob throughput by 8 times; subsequently, there will be phased relaxation of block storage unit limits, and the block gas limit will also be increased by 5 times, greatly alleviating network congestion.
2. Reduce transaction costs and optimize experience: The L2 network relies on blobs to submit transaction data; after the upgrade, Rollup transaction costs are expected to decrease by 70%, and EIP - 7917 introduces a pre-confirmation feature that can reduce user transaction delays and confirmation uncertainties; at the same time, the newly added technical features also enhance hardware device compatibility and optimize wallet interaction experiences.
3. Support deeper participation from the ecosystem and institutions: The upgrade significantly improves the accessibility of L2 network data and operational efficiency, which can promote the implementation of more decentralized applications; it addresses Ethereum's scalability bottleneck, and with reduced gas fees, it will further attract institutional participation. Previously, many companies, including BlackRock, have deployed applications on Ethereum and its L2 layer, and this trend will accelerate after the upgrade.
4. Strengthen network security: It includes multiple adjustments to defend against DoS attacks, such as limiting transaction gas limits, setting execution layer block sizes, etc., and also identifies code vulnerabilities through audit competitions, reducing network instability risks and providing more reliable guarantees for ecosystem activities and fund security.
SEC Chairman: Cryptocurrencies and Tokenization as Top Priorities
According to Deep Tide TechFlow, on October 16, Paul Atkins, the chairman of the U.S. Securities and Exchange Commission (SEC), stated at the Washington FinTech Week event that cryptocurrencies and tokenization are the SEC's top priorities.Atkins emphasized that the SEC aims to build a robust regulatory framework to attract cryptocurrency companies that previously left the U.S. to return and lay the foundation for future innovative development.Atkins also stated that distributed ledger technology is the most exciting part of the cryptocurrency field. He had instructed staff to consider establishing an innovation exemption mechanism, with plans to implement it by the end of the year. Currently, the SEC's operations are limited due to the government shutdown.
Not very greedy Strict stop-loss and take-profit points As long as the risk-reward ratio is positive, it can be accepted As long as you don’t get too emotional There’s still a chance for profit If there’s a loss of 5 points in a day, there will be no further operations Observe more, after a drop during the day, it’s very likely to rise in the early hours If it rises during the day, it’s very likely to drop, and you can’t enter the market unless it drops to the psychological price; you can only enter when it reaches the psychological price.
The situation is great, BTC returns to 100K, Sol breaks 200 this year In the second half of the year, the Federal Reserve's interest rate cuts will bring good news, and there is likely to be another significant drop It is certain that there will be a major drop from the end of the year to the beginning of the year, and it is also possible for ETH to drop below 1000
I am not greedy, low leverage multiplier Contentment brings happiness, many people fail at this point It's not about getting rich quickly, it's about who can survive longer in the market! #合约交易
This is the cryptocurrency world, there is no cap on price increases or decreases So everyone must consider participating based on their own circumstances The whales should have cashed out and left.
Although the current trend is a significant drop, the bullets are already prepared. A big drop means a big rise 📈, and with the Fed cutting rates in the second half of the year, BTC will surely rebound. It's the same old routine, first creating panic 😱 to accumulate at the bottom, then a rise. Brothers, holding spot can be done until the second half of the year.
The longer I stay in this circle, the more I discover an iron rule, like an invisible big hand pressing down on us, making it hard for us to breathe and forcing us to act according to their rules. Even well-known KOLs in this area bring a sense of powerlessness. In 2021, Liangxi created a myth in the crypto world, and everyone thought they could get rich quickly, all dreaming of wealth. As more people entered the market, we were merely sheep waiting to be slaughtered. To survive in this market, it’s not about getting rich overnight, but rather how to live longer and more stably, which has already surpassed 90%. It’s still the same saying: good news in the news is bad news, and bad news is good news. We cannot think from our unique position 🤔 but must think like the chess player. You should savor it, savor it, savor it. #思维
A big bullish candle pierces the heavens and the earth Little Te still has to consider postponement The biggest good news is bad news, the biggest bad news is good news You ponder that!!!