Ethereum to Release Fusaka Upgrade on December 3rd
Ethereum’s Fusaka upgrade is scheduled for mainnet activation on December 3, aiming to enhance network scalability and efficiency. Meanwhile, MetaMask confirmed plans for a token launch, with its CEO hinting at an earlier release that could impact the DeFi sector.
What is a hardfork?
The cryptocurrency mainnet operates according to certain rules. To improve network performance or correct errors, changes are periodically introduced into it. A hard fork represents changes that are not compatible with previous versions of software supporting the cryptocurrency network. In order to continue to mine the cryptocurrency, miners need to update the software.
In some cases, as a result of a hard fork, a completely new cryptocurrency may appear, as happened with Bitcoin Cash and EthereumPoW.