On July 20, the network revealed that it launched a ceremonial “Torch” NFT to celebrate the people and principles that have shaped its decentralized journey since July 30, 2015.
According to Ethereum’s website:
“Like a ceremonial flame that travels from community to community, the Ethereum Torch will journey across the global Ethereum ecosystem. This special NFT will be passed from wallet to wallet among carefully selected community members, developers, and builders who have shaped Ethereum’s story over the past 10 years.”
This process will continue until July 30, when the NFT will “burn” and unlock a commemorative token that anyone can freely mint.
The update follows the recent Pectra fork and includes several improvements to boost scalability and network robustness.
The upgrade will test around 11 Ethereum Improvement Proposals (EIPs). However, one notable proposal, EIP-7907, aimed to increase the maximum smart contract size, was dropped after pushback from core development teams.
Beiko further stressed that Fusaka targets mainnet activation between Nov. 5 and 12.
He pointed out that the upgrade roadmap includes two successful testnets, early bug bounty programs, and a stress test via the Holesky testnet.
However, concerns remain around testnet stability and audit readiness.
The Holesky upgrade is expected to be a key indicator of the network’s readiness for full deployment. It will offer developers valuable insight without risking major user disruption.
