Ethereum ETH upgrade debate: How will EIP 3074 impact ETH’s future?

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Developers had mixed opinions about EIP 3074 during Ethereum's recent developers call. How will ETH react to this?

Price of ETH plummeted, on-chain metrics remained positive.latest Dencun upgrade was a success that helped many L2 solutions reduce fees to extremely low levels.

One key aspect of EIP-3074 is its ability to give standard wallets, like MetaMask, smart contract capabilities. Some developers argue that the proposed changes to EIP 3074 to allow broader use cases and global message revocation significantly increase its complexity, making it harder to implement and potentially introducing security risks.

 

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