Ethereum Fortifies DeFi Strategy and Enhances Censorship Resistance
Ethereum Fortifies DeFi Strategy and Enhances Censorship Resistance
The Ethereum ecosystem is undergoing significant strategic and technical advancements. The Ethereum Foundation (EF) has formally outlined its DeFi strategy for the first time, signaling a renewed commitment to decentralized finance within the network. Concurrently, Ethereum is preparing for its upcoming Hegotá upgrade, which will introduce EIP-7805 (FOCIL), a new mechanism designed to provide a censorship shield and mitigate transaction censorship, thereby bolstering the network's resilience and decentralization.
Ethereum Foundation Formalizes DeFi Strategy
The Ethereum Foundation (EF) has made a landmark move by formalizing its strategy concerning Decentralized Finance (DeFi) for the first time. This pivotal development underscores the EF's dedicated focus on nurturing and expanding the robust DeFi ecosystem built upon the Ethereum blockchain, promising further innovations and support for the sector.
Ethereum Boosts Network Security with EIP-7805 Censorship Shield
In a significant enhancement to its core infrastructure, Ethereum is set to integrate EIP-7805 as part of its forthcoming Hegotá upgrade. This new mechanism, referred to as FOCIL, is designed to act as a crucial censorship shield, mitigating transaction censorship and significantly improving the network's resistance to external pressures. This upgrade is expected to fortify Ethereum's decentralization and transaction integrity.