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Ethereum Foundation Plans Global Celebrations for 10th Anniversary

Celebrating a decade of decentralization, Ethereum launches a ceremonial NFT while preparing for the Fusaka protocol upgrade set for November 2025.

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NFT

Summary

On July 20, Ethereum launched a ceremonial "Torch" NFT to commemorate its 10th anniversary, which will be passed among key community members until July 30. Concurrently, the network is preparing for the Fusaka upgrade, scheduled for November 2025, aimed at enhancing scalability and robustness, with the testnet launch on July 23.

Terms & Concepts
  • NFT: Non-fungible token, a unique digital asset representing ownership of a specific item or piece of content on the blockchain.
  • Ethereum Improvement Proposals (EIPs): Proposals for changes or enhancements to the Ethereum network, aimed at improving its functionality and performance.
  • Testnet: A separate blockchain used for testing purposes, allowing developers to trial new features without affecting the main network.