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BULLISH 📈 : Ethereum Developers Advance Censorship Protection Plan in Hegota Upgrade
Ethereum Developers Advance Hegota Upgrade Proposal
- Ethereum developers focus on the Hegota upgrade to enhance transaction access and reduce censorship risks.
- The proposal, Fork-Choice Enforced Inclusion Lists (FOCIL), aims to ensure timely inclusion of valid transactions despite potential block builder interference.
- Originally considered for the Glamsterdam upgrade, FOCIL is now integral to Hegota, led by Ethereum Foundation researcher Thomas Thiery.
- FOCIL enables multiple validators to enforce transaction inclusion, reducing reliance on large builders and addressing concerns over a concentrated builder market due to MEV activity.
Challenges and Benefits of the Hegota Upgrade
- FOCIL introduces new protocol rules but currently lacks support for blob transactions and private MEV-based transfers, which need future solutions.
- Proponents argue for preemptive measures against potential large-scale censorship as network conditions can quickly change.
- If implemented, the upgrade would empower validators to maintain transaction accessibility while retaining rewards, offering users assurance against silent blocking of activities.
Additional Industry Updates
- Mantle plans to migrate from EigenDA to Ethereum-native blobs, leveraging Fusaka's expanded capacity towards full ZK rollup status.
- BitMine Immersion Technologies made its largest Ethereum purchase, acquiring 40,302 ETH, raising its holdings to 4.24 million tokens valued at $12.05 billion.