Fidelity "Ethereum (ETH) Fusaka upgrade, signal of transition to a sustainable platform"

Source
JH Kim

Summary

  • Fidelity Digital Assets assessed that the Ethereum (ETH) Fusaka upgrade is a turning point that strengthens scalability and economic structure.
  • They said the upgrade will simultaneously promote layer1 scalability and layer2 economic restructuring.
  • They forecast that after the upgrade, Ethereum will transition to a sustainable platform, and governance will enter a mature stage.

Fidelity Digital Assets said the Ethereum (ETH) Fusaka upgrade will be an important turning point that fundamentally strengthens Ethereum's scalability and economic structure.

On the 20th (local time), according to the crypto asset (cryptocurrency) specialist media CoinDesk, Fidelity said the Fusaka upgrade "reflects the most cohesive and value-centric roadmap in Ethereum's history." In particular, it analyzed that this upgrade could strengthen layer1 scalability while reorganizing layer2 economic structures in a way that is favorable to Ethereum holders.

Fidelity explained, "Fusaka is an upgrade that simultaneously promotes scalability, usability, and value increase," and added, "it is not a mere technical change but a signal showing Ethereum's next step." It went on to say, "This strengthens the incentive structures across the ecosystem and is a process of transitioning to an economically sustainable platform in the long term."

The Fusaka upgrade is scheduled to take place in December, and Fidelity forecasted, "After the upgrade, Ethereum governance will enter a more mature stage."

Photo = Shutterstock
Photo = Shutterstock
publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?