The upgrade promises a significant reduction in gas fees and enhanced transaction speed for L2 networks.

The Ethereum inventor clarified that Ethereum validiums are distinct from actual rollups, sparking a debate on the classification of L2 scaling solutions.

Blockchain developers don't always agree on the best way to improve the networks. Several Ethereum developers have questioned Vitalik Buterin's proposed gas limit raise, and Bitcoin developer Luke Dashjr's Ordinals inscriptions blocking upgrade has itself been blocked.

According to the Ethereum co-founder, a 33.3% increase to 40 million would be "reasonable" at the moment.

Vitalik Buterin has recently suggested a PoS simplification that involves reducing the number of validator signatures required per block, which would, in turn, ease the network load.

Their collaboration is set to address the critical challenge of data availability, a key factor in advancing Starknet’s scalability.

Ethereum’s supply has dipped to a new low since the Shanghai upgrade, fueled by a surge in market and on-chain activities. Over $58 million in ETH has been burned recently, indicating a strong deflationary trend within the network.

The strategy put in place by Thirdweb to mitigate a security vulnerability found in hundreds of smart contracts earlier this week seems to be working.