Alright, so Ethereum's got another upgrade coming, this one called "Fusaka." Sounds like some kind of weird Japanese fish dish, doesn't it? Anyway, the hype is all about lower fees and a smoother experience. They're promising rollup fees could drop by 15% to 40%, maybe even 60% if things really line up. Color me skeptical.
Will Fusaka keep users on L2? Upcoming Ethereum upgrade eyes up to 60% fee cuts - CryptoSlate
PeerDAS: Data Buffet or Just a Fragmented Mess?
The "Technical Backbone" - Or Just More Jargon?
Let's break down the buzzwords, shall we? EIP-7594, EIP-whatever... it all boils down to this PeerDAS thing. Instead of downloading *everything*, nodes only sample fragments of rollup data. Sounds great on paper, like some kind of data buffet where you only grab the stuff you need. But here's the thing: who decides what's "needed"? And what happens if those "fragments" are corrupted or missing? Are we just trusting that everyone's playing nice here?
And then there's the "Blob Parameter-Only" forks (BPOs). Seriously, who comes up with these names? It’s like they're actively trying to make this stuff sound as boring and complicated as humanly possible. The idea is to gradually increase the number of blobs per block. Okay, fine. But what's the actual plan here? How gradual is "gradual"? And what happens if we hit a bottleneck?
They're also adding support for secp256r1, which apparently makes passkey logins possible across Ethereum wallets. Finally. Maybe I can stop forgetting my 87-character password that I wrote down on a piece of paper and promptly lost. But is this REALLY the most pressing issue facing Ethereum right now? I mean, come on.
PeerDAS: Decentralized...ish? (And Other Nightmares)
Decentralization Trade-Offs and Other Scary Stuff
Here's where things get interesting. Or, you know, depressing, depending on your outlook. Apparently, this PeerDAS thing might create a reliance on "supernodes" that store full blob data. So, instead of everyone sharing the load, we're potentially shifting it to a select few. Decentralization? More like de-centrali-*ish*.
And what about this line: "Ethereum's burn rate could increase if activity expands faster than fees decline?" Translation: even if fees go down, you could still end up paying more if everyone starts using the network more. It's like they're saying, "We'll lower the price, but you'll probably end up buying more stuff anyway." Clever, I guess. In a sinister, corporate kind of way.
Oh, and they expect this to all be live on mainnet by early December 2025. A year and a half away! That's like, five crypto winters in internet time. Who knows what the hell will even matter by then?
"Blob Utilization"? More Like "Bullshit Obfuscation"
The Signals to Watch - Or the Smoke and Mirrors?
By early next year, we're supposed to be watching "blob utilization versus capacity, L2 fee compression, and wallet adoption of passkeys." Right. So, basically, we're supposed to become amateur blockchain analysts and monitor a bunch of vague metrics. Give me a break.
I mean, let's be real, are they ever going to fix the gas fees? I'm not holding my breath.
Another Shiny Object to Distract Us
Honestly, it all feels like another attempt to distract us from the real problems. Minor tweaks instead of addressing the core issues. Sure, maybe fees will go down a little bit. Maybe the user experience will be slightly smoother. But is it really going to change anything fundamentally? I doubt it.
