Ethereum developers have started to work on the next upgrade on the network. At the same time, validators remained optimistic about the state of Ethereum.
Ethereum’s Price Prediction 2023-2024In a recent developer’s call, Ethereum developers were seen preparing for the next upgrade called Cancun. They discussed the final scope of the upgrade, which would focus on implementing blob transactions.
Developers also talked about how to reinsert blob transactions into blocks in case of a chain reorganization. The Ethereum community was also considering several changes for the upgrade, including EIP 4788, which permits smart contracts to access the Consensus Layer of Beacon Chain state in the Execution Layer .
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