The developers at Ethereum are working hard this month in implementing the code for Constantinople, which will be the next system-wide upgrade for Ethereum.
The second part of this series of upgrades will make the Ethereum network more efficient and will be more cost-effective when it comes to fees. The launch is scheduled sometime before October’s Devcon4 Ethereum conference, according to the stakeholders meeting which was held two days ago.
Even though there hasn’t been an exact block number at which the code would go live, a loose roadmap has been suggested. Under this roadmap, the implementation stage would continue until August 13th, after which there will be two months of testing as well as the launch of a Constantinople-specific test network.
The new upgrade will also include different optimizations aimed at making the platform more efficient and less costly when it comes to fees. For those who are not familiar with Constantinople, it is basically the second part of a two-part series of upgrades – following the steps of Byzantium which is the first part (activated in October 2017).
The lead developer of Geth, which is Ethereum’s most popular client, recently said that they have already implemented most of the changes, stating that “the EIPs are mostly done.”
In detail, the upgrades basically include EIP 210 which will reorganize the block hashes and their placement on Ethereum as well as EIP 145 which will increase the speed of arithmetic in the Ethereum virtual machine (EVM). Aside from these, EIP 1014 will add the Ethereum state channels and EIP 1052 will focus on a new op-code that compresses how contracts interact.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]
Discussion about this post