Ethereum celebrates 10 years with symbolic torch NFT and eyes Fusaka upgrade

Ethereum is marking its 10th day with a symbolic motion and a method leap guardant for the blockchain network.

Ethereum Toch NFT

On July 20, the web revealed that it launched a ceremonial “Torch” NFT to observe the radical and principles that person shaped its decentralized travel since July 30, 2015.

According to Ethereum’s website:

“Like a ceremonial occurrence that travels from assemblage to community, the Ethereum Torch volition travel crossed the planetary Ethereum ecosystem. This peculiar NFT volition beryllium passed from wallet to wallet among cautiously selected assemblage members, developers, and builders who person shaped Ethereum’s communicative implicit the past 10 years.”

The archetypal torchbearer was Ethereum co-founder Joseph Lubin, who held it for 24 hours earlier passing it connected to Taiwan’s Digital Minister Audrey Tang. Tang volition besides support the Torch for 24 hours earlier transferring it to different influential fig successful the Ethereum community.

This process volition proceed until July 30, erstwhile the NFT volition “burn” and unlock a commemorative token that anyone tin freely mint.

Fusaka hard fork

While Ethereum honors its past, the web developers are besides preparing for the adjacent important protocol upgrade, Fusaka, which volition motorboat successful November 2025.

The update follows the caller Pectra fork and includes respective improvements to boost scalability and web robustness.

On July 17, Tim Beiko of the Ethereum Foundation confirmed that Devnet-3 for Fusaka volition motorboat connected July 23.

The upgrade volition trial astir 11 Ethereum Improvement Proposals (EIPs). However, 1 notable proposal, EIP-7907, aimed to summation the maximum astute declaration size, was dropped aft pushback from halfway improvement teams.

Beiko further stressed that Fusaka targets mainnet activation betwixt Nov. 5 and 12.

He pointed retired that the upgrade roadmap includes 2 palmy testnets, aboriginal bug bounty programs, and a accent trial via the Holesky testnet.

However, concerns stay astir testnet stableness and audit readiness.

The Holesky upgrade is expected to beryllium a cardinal indicator of the network’s readiness for afloat deployment. It volition connection developers invaluable penetration without risking large idiosyncratic disruption.

The station Ethereum celebrates 10 years with symbolic torch NFT and eyes Fusaka upgrade appeared archetypal connected CryptoSlate.