Ethereum Istanbul Hardfork Delayed to Early October

Ethereum Istanbul Hardfork Delayed to Early October

The community manager of Ethereum Foundation,

Hudson Jameson said that the testnet implementation of Istanbul Hardfork is delayed to early October. According to a post by Coindesk, Jameson said on a developer’s call that the launch of Istanbul Hardfork is scheduled to early October.

He further added:

“For anyone listening in who doesn’t know how this works, we pick a block number that we estimate to be around the 2nd of October. […] However, that might be one or two days behind or forward from that date based on how fast blocks are produced between now and then.”

Another delay in Istanbul Hardfork

Bitcoinik reported on 28 August that Parity an blockchain infrastructure company that runs core nodes of Ethereum network has delayed the Istanbul Hardfork until 6 September. Wei Tang the lead developer at Parity explains that they need atleast two more weeks to fix some minor issues before devs could select a block number for Hardfork implementation.

Tang said:

“We need time till 6th September to finish the implementation. Not only because we accepted EIPs late but right now we just happened to be a large code base refactoring and we probably want to merge them first before merging Istanbul EIP.”

Vitalik Said Ethereum Chain is Almost Full

The co-founder of Ethereum, Vitalik Buterin said that the Ethereum chain is almost full and that will lead to fight for transaction fee and space on the network. Ethere network will be migrated to proof-of-stake (PoS) from proof-of-work (PoW).

Vitalik further added:

“Scalability is a big bottleneck because the Ethereum blockchain is almost full. If you’re a bigger organization, the calculus is that if we join, it will not only be more full but we will be competing with everyone for transaction space. It’s already expensive and it will be even five times more expensive because of us. There is pressure to keeping people from joining.”

Article Produced By
Bitcoinik

https://bitcoinik.com/ethereum-istanbul-hardfork-delayed-to-early-october/

$100 Signup Bonus, plus earn up to $200 daily. If you sign up today, you also get 500 mhv Coins for FREE, and a well over $2,000/Month worth Income and Wealth Building System, all 100% FREE. Get Details here: http://aboutcomercex.com/

Leave a Reply

Close Menu

Choose a Social Network 

Thank you! 😀

Choose a Social Network 

 

 

Thank you! 😀