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Ethereum Developer Confirms Istanbul Hard Fork Release Date

Ethereum Developer Confirms Istanbul Hard Fork Release Date

Péter Szilágyi, team leader for the Ethereum Foundation, confirmed the date of the upcoming release of the Ethereum Istanbul Hard Fork and the details of the new version of Geth.

08 November 2019, AtoZMarketsAfter being postponed at least three times, the date of the release of Istanbul Hard Fork was set for 4 December 2019. The last update of Constantinople was delayed 48 hours before announcing its deployment. As a result, the global Ethereum community is eagerly awaiting information on the next upgrade of the system.

Ethereum Istanbul Hard Fork

Péter Szilágyi, Ethereum core developer and fork identifier, recently shared information about Geth version 1.9.7. Written in GO, this will be the most widespread implementation on the Ethereum Mainnet network. It is the first version of Geth. Moreover, it will initialize Ethereum Mainnet’s Istanbul Fork Block 9069000. It is due to arrive on 4 December 2019.

Despite the announcement date, the release seems as proof that things certainly took a turn in Ethereum. It is, therefore, important for Ethereum network participants to update their Mainnet Geth nodes to v1.9.7 to avoid any surprises along the way.

In addition to the initialization of Hard Fork, the new version offers some significant fixes and updates. The release implements new fork orders to avoid the coexistence of partially initialized private networks. And it ends the unnecessary duplication of memory on the Ethereum virtual machine. Several minor bugs are also fixed in transaction execution.

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Long-Awaited Update

The story of Ethereum Mainnet’s Istanbul Hard Fork began in May 2019. at the time, Felix Lange and Péter Szilágyi presented Ethereum Improvement Proposal (EIP) 2124. It offered a mechanism for users to identify. That node-based software of a computer server in the Ethereum network is running.

It eventually turned into a significant system-wide upgrade. That focused on storing data on the Ethereum network and mining algorithms. Such an update will increase the computational costs. But it will protect the system from potential Denial Of Service (DoS) attacks.

Jorge Izquierdo, CTO of Aragon One, said at the end of October that Istanbul would lead to the break-up of around 680 smart contracts on the Aragon platform. The question they are going to have, that don’t deem necessary enough for this hard fork not to happen. That, from their point of view, is unfortunate. But it is a hard balance that they understand.

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