Sandesh
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    @0xsandeshk

    Cerastes upgrade

    The Ronin Network has successfully implemented the Cerastes Upgrade on March 17, 2025, at block 43,447,600. This significant update introduces the Venoki hard fork, aligning Ronin with Ethereum's latest advancements from the Shanghai and Cancun hard forks.

    What Users Can Expect from the Cerastes Upgrade

    • Lower and More Predictable Gas Fees:

      • Implementation of EIP-1559 introduces a base fee mechanism, reducing gas fee volatility.

      • A portion of RON gas fees will now be burned, while the rest contributes to the Ronin Treasury, which can be reinvested into the community.

    • Improved Network Performance & Synchronization:

      • Path-based storage scheme enhances data retrieval efficiency, leading to faster transaction processing.

      • Validators and RPC nodes will experience reduced storage redundancy and improved synchronization speeds, optimizing network operations.

    • Better User Experience:

      • Fewer gas fee bidding wars, ensuring smoother and more predictable transactions.

      • Enhanced dApps performance, benefiting Ronin-based games, DeFi applications, and overall ecosystem usability.

    The Cerastes Upgrade strengthens Ronin’s efficiency, security, and scalability, positioning it as a more robust and future-ready blockchain for developers and users alike. 🚀

    Intro to Cerastes Upgrade
    Fees collected
    Validator earnings

    Predictions are based on what happened with Ethereum after EIP 1559

    1. Fees remains at the same level, but users wont have to overpay when there is a load.

    2. Median gas price will tend to lower

    3. Faster transaction processing time. Less waiting time.

    Source

    Future performance expectations
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    db-image-image-4TrY

    We can clearly see that

    • the validator earnings are not being majorly affected

    • The average transaction fee tends to be the same.

    Shoutout to TheLaughingman and sam for helping out with the queries. And also to decentralized thoughts for the insanely good article on EIP 1559 effects

    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.