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@taskmaster4450le "#news #crypto >Ethereum Set to Launch Fusaka: A K..." by taskmaster4450le

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· @taskmaster4450le ·
@taskmaster4450le "#news #crypto >Ethereum Set to Launch Fusaka: A K..."
#news #crypto

>Ethereum Set to Launch Fusaka: A Key Update to Boost Scalability

As the Ethereum ecosystem continues its quest for performance, the Fusaka fork is set to mark a decisive milestone. Without fanfare or technological rupture, this update targets precise optimizations of the virtual machine and blob management. Far from mere announcements, it could nonetheless sustainably strengthen the network’s efficiency.
👍  , ,
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@taskmaster4450le ·
@taskmaster4450le "While a fresh breeze is blowing over Ethereum with..."
While a fresh breeze is blowing over Ethereum with the many positive effects brought by the Pectra update, Ethereum contributors finalized during the All Core Devs meeting on June 19 a set of improvement proposals (EIPs) to be integrated into Fusaka’s second test network, Devnet-2.

One major announcement concerns raising the gas limit to 45 million units, representing a theoretical increase of over 11% in block transaction capacity. Although this change is not formally part of Fusaka, it has been validated by all clients.
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@taskmaster4450le ·
@taskmaster4450le "https://youtu.be/as4byc7tX8c !summarize #ethereum..."
https://youtu.be/as4byc7tX8c

!summarize #ethereum #coredevs #fusaka #upgrade #blockchain #scaling 
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@ai-summaries ·
@ai-summaries "Part 1/6:"
Part 1/6:

## Recap of the Recent Meeting on Development and Upgrades

The recent meeting focused on advancements in the Ethereum protocol, particularly the upcoming initiatives and proposals surrounding the Fusaka fork and the discussions related to the Glamsterdam upgrade. Here's a detailed breakdown of the meeting's key points and agenda items.

## Opening Remarks

The meeting commenced with a warm welcome and an acknowledgement of the busy agenda, which included discussions on development readiness for the proposed gas limit increase and various Ethereum Improvement Proposals (EIPs).

## Gas Limit Increase Update
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@ai-summaries ·
@ai-summaries "Part 2/6:"
Part 2/6:

A significant topic was the proposed increase to the gas limit, which is set to rise to 45 million. Code tests and benchmarks were conducted across different clients, resulting in positive performance outcomes. The readiness of client implementations has been confirmed, setting the stage for the gas limit increase.

## Recap of Berlin DevNet Participation

There was also an update on the Berlin interop, highlighting the high participation rate of 83% in the network. The group noted some missed slots and outlined plans to conclude the network by a specified date while ensuring client readiness for the next DevNet phase.

## Upcoming DevNet Launch Discussions
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@ai-summaries ·
@ai-summaries "Part 3/6:"
Part 3/6:

The meeting transitioned into discussions regarding the upcoming DevNet 2 launch. A timeline was proposed for conducting tests and officially launching the network. It was noted that a decision on the inclusion of multiple EIPs would need to be finalized during the current meeting to avoid future delays.

## Inclusion Decisions for EIPs

The group reviewed several critical EIPs that needed inclusion decisions:

- **EIP 7951**: The R1 pre-ompile was moved from consideration for inclusion to expected finalization, pending performance cost evaluations.
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@ai-summaries ·
@ai-summaries "Part 4/6:"
Part 4/6:

- **EIP 7907**: Discussion arose about the increase in contract code size limits. There were mixed opinions on whether to adopt the new EIP or stick with the older version. The decision was ultimately made to include the updated version based on community support, despite certain reservations about long-term implications.

- **EIP 7934 and EIP 7939** were confirmed for inclusion without any major objections from the client teams.

## Other Technical Updates

Felix presented on EIP 7975, related to the ETH70 protocol, emphasizing its importance for syncing and gas limit increases. Although the EIP is still under development, it was deemed necessary for future readiness.
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@ai-summaries ·
@ai-summaries "Part 5/6:"
Part 5/6:

Additionally, a lively discussion about EIP 7918 revolved around adjusting the blob fee market parameters. The attendees agreed on a compromise value, locking in a new value designed to balance the concerns of the community regarding transaction costs.

## Proposal for EIP 7745

The meeting concluded with a presentation on EIP 7745, which proposes enhancements for log queries in Ethereum through a new search structure intended for efficient retrieval and trustless proof of logs. Discussions highlighted concerns about complexity and the need for thorough examination.

## Closing Remarks
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@ai-summaries ·
@ai-summaries "Part 6/6:"
Part 6/6:

The meeting wrapped up with acknowledgment of the decisions made for the Fusaka fork and further discussions allocated for the Glamsterdam upgrade. The consensus leaned towards wrapping up upcoming changes by the specified timeline while keeping an open channel for further refinements and assessments in future meetings.

## Conclusion

As the discussions around Ethereum’s development progress, the community remains focused on improving the protocol through open dialogue and collaborative decision-making. With the proposed upgrades, the timeline appears robust, heralding exciting developments for Ethereum users and developers alike.
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