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Ethereum Fusaka Upgrade to Activate at 21:49 UTC on Dec. 3

The Ethereum Fusaka upgrade will activate at 21:49:11 UTC on Dec. 3 (05:49:11 Beijing time on Dec. 4), BlockBeats reports. The upgrade will be implemented simultaneously across Ethereum's consensus and execution layers, raising the block gas limit to 60 million and introducing BPO forks to facilitate future blob parameter adjustments. The enhancement is designed to improve Ethereum's capacity to process large-scale transactions from Layer 2 networks, with projected Layer 2 fee reductions of 40% to 60%.
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