04-14-2021, 10:28 PM
The first Ethereum network upgrade in 15 months is only 18 hours away.
<!-- SC_OFF --><div class="md"><p>The first Ethereum network upgrade in 15 months is only 18 hours away. Make sure to upgrade your nodes!</p> <p>The Berlin fork is scheduled to take place at block height #12244000, which is approximately April 15th 05:00 UTC - 12:00 UTC (1am - 8am EST). </p> <p>Countdown clock is below:</p> <p><a href="https://goto.etherscan.com/block/countdown/12244000">Berlin Fork Countdown clock</a></p> <p><a href="https://blog.ethereum.org/2021/03/08/Ethereum-berlin-upgrade-announcement/">Official Ethereum Berlin Upgrade Announcement</a> </p> <h1>What is the Berlin upgrade?</h1> <p>The Berlin upgrade will feature a total of four protocols. Each of these aims to conquer some of the pervasive challenges in the Ethereum ecosystem. </p> <p>Some of the protocols to be released in the April upgrade include: </p> <p>EIP-2565 = reduce the cost of the ModExp precompile. This will help calculate the gas prices.</p> <p>EIP-2929 = will ‘increase’ certain gas costs when used for the first time in a transaction.</p> <p>EIP-2718 = will introduce a new transaction module that will support multiple transactions.</p> <p>EIP-2930 = will transaction type with optional access lists. This particular EIP will help alleviate some of the newly imposed gas prices from EIP-2929.</p> <p>The Berlin upgrade is a step towards the Ethereum Foundation’s ethereum 2.0 metamorphosis, with its main new component being a complete change to the way the network processes transaction fees.</p> <p><a href="https://finance.yahoo.com/news/ethereum-berlin-upgrade-includes-fixes-150000940.html">source</a></p> <h1>Why “Berlin”?</h1> <p>After Istanbul, we ran out of names for our planned network upgrades. It was suggested to use <a href="https://ethereum-magicians.org/t/more-frequent-smaller-hardforks-vs-less-frequent-larger-ones/2929/33">Devcon City names</a> for upgrades, and we stuck with it! Berlin is where <a href="https://devcon.org/devcon-0/details/">Devcon 0</a> took place, and the next upgrade will be called London, where Devcon 1 happened.</p> <h1>What should you do?</h1> <p>If you are running an Ethereum client (for example Geth, Openethereum, Besu, or Nethermind) please update it to the latest version.</p> <p>If you use an exchange (such as Coinbase, Kraken, or Binance), a web wallet service (such as Metamask, MyCrypto, or MyEtherWallet), a mobile wallet service (such as Coinbase Wallet, Status.im, or Trust Wallet), or a hardware wallet (such as Ledger, Trezor, or KeepKey) you do not need to do anything.</p> <p><a href="https://youtu.be/cjF-9In3hqU">Listen to Berlin underground techno</a></p> <p><a href="https://youtu.be/4R638fPK3NQ">Join the party on YouTube</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jimbley_Neutralon"> /u/Jimbley_Neutralon </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mqshr4/the_first_ethereum_network_upgrade_in_15_months/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mqshr4/the_first_ethereum_network_upgrade_in_15_months/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>The first Ethereum network upgrade in 15 months is only 18 hours away. Make sure to upgrade your nodes!</p> <p>The Berlin fork is scheduled to take place at block height #12244000, which is approximately April 15th 05:00 UTC - 12:00 UTC (1am - 8am EST). </p> <p>Countdown clock is below:</p> <p><a href="https://goto.etherscan.com/block/countdown/12244000">Berlin Fork Countdown clock</a></p> <p><a href="https://blog.ethereum.org/2021/03/08/Ethereum-berlin-upgrade-announcement/">Official Ethereum Berlin Upgrade Announcement</a> </p> <h1>What is the Berlin upgrade?</h1> <p>The Berlin upgrade will feature a total of four protocols. Each of these aims to conquer some of the pervasive challenges in the Ethereum ecosystem. </p> <p>Some of the protocols to be released in the April upgrade include: </p> <p>EIP-2565 = reduce the cost of the ModExp precompile. This will help calculate the gas prices.</p> <p>EIP-2929 = will ‘increase’ certain gas costs when used for the first time in a transaction.</p> <p>EIP-2718 = will introduce a new transaction module that will support multiple transactions.</p> <p>EIP-2930 = will transaction type with optional access lists. This particular EIP will help alleviate some of the newly imposed gas prices from EIP-2929.</p> <p>The Berlin upgrade is a step towards the Ethereum Foundation’s ethereum 2.0 metamorphosis, with its main new component being a complete change to the way the network processes transaction fees.</p> <p><a href="https://finance.yahoo.com/news/ethereum-berlin-upgrade-includes-fixes-150000940.html">source</a></p> <h1>Why “Berlin”?</h1> <p>After Istanbul, we ran out of names for our planned network upgrades. It was suggested to use <a href="https://ethereum-magicians.org/t/more-frequent-smaller-hardforks-vs-less-frequent-larger-ones/2929/33">Devcon City names</a> for upgrades, and we stuck with it! Berlin is where <a href="https://devcon.org/devcon-0/details/">Devcon 0</a> took place, and the next upgrade will be called London, where Devcon 1 happened.</p> <h1>What should you do?</h1> <p>If you are running an Ethereum client (for example Geth, Openethereum, Besu, or Nethermind) please update it to the latest version.</p> <p>If you use an exchange (such as Coinbase, Kraken, or Binance), a web wallet service (such as Metamask, MyCrypto, or MyEtherWallet), a mobile wallet service (such as Coinbase Wallet, Status.im, or Trust Wallet), or a hardware wallet (such as Ledger, Trezor, or KeepKey) you do not need to do anything.</p> <p><a href="https://youtu.be/cjF-9In3hqU">Listen to Berlin underground techno</a></p> <p><a href="https://youtu.be/4R638fPK3NQ">Join the party on YouTube</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Jimbley_Neutralon"> /u/Jimbley_Neutralon </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mqshr4/the_first_ethereum_network_upgrade_in_15_months/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/mqshr4/the_first_ethereum_network_upgrade_in_15_months/">[comments]</a></span>Kind Regards R