The planned hard-fork to Istanbul from Ethereum has been published in 2018, with well-publicized. And now, after the weekend, that thing is launched, the controversy is still not all the way.
The latest netwerkupgrade of Ethereum, in Istanbul, is this week gone live on the block number 9.069.000.
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The six big changes
Istanbul has four different upgrades in order to improve the overall performance. Just think of the amount of opcodes to modify as well as to ensure that the Ethereum, and Zcash are better able to work together and have more features, smart contracts are possible. In addition, the network is technically ready to move on to the Proof-of-Stake.
Miners and nodes in the Ethereum network, and their clients, to update it. The following Ethereum Improvement in Proposals (EIP) will be carried out:
EIP-152: BLAKE2b more cost-effective to make,
EIP-1108-lower alt_bn128 gas costs,
EIP-1344: the implementation of the ChainID code,
EIP-1884: the gas costs for trie-size-dependent opcodes to spam attacks and to prevent
EIP-2028 reduction in the cost of gas for the transaction, to improve the efficiency of transactions with the help of a zero-knowledge SNARK and STARK’s
EIP-2200: the implementation of net gas measurement for the SSTORE operations.
Smart contracts and DApps
The controversy surrounding Istanbul, is due to the fact that the update-680 smart, Poor sales, it will break. To make the most of this smart contract, the price of gas, namely hard-coded.
The implementation of the sc of the Kyber Network will be affected as well, so tokenswaps be more expensive than before the upgrade. Also have a lot of DApps can be rewritten.
At the time of this writing, according to the Ethernodes approximately 4% of the nodes, and the upgrade has not yet been implemented. Even though this will mean that, by far, the vast majority of the network, and the upgrading of Istanbul, has agreed to be on social media, concerns have been raised that Ethereum is too centralised, that is. Especially when you compare it with the blockchain from Ethereum in the first instance, it was designed to do.
Centralization in the hand
That will sure come by the Party, this is one of the popular Ethereum client. They also announced that users will have a sort of noodpatch had to perform in order to upgrade it to Istanbul to be able to accept it. Parity represents 23% of the network. Party’s Shasper take part in a public, multi-client, testnest, which is known as the “City”.
I find the Ethereum community’s dependence on Parity concerning. Yesterday’s emergency release underscores a long-line of poor quality control practices at Parity.
Austin Roberts (@austinrobertsiv) on December 6, 2019
The upgrade to the new Ethereum 2.0, and the Proof-of-Stake is the most promising, it will take place in 2020, it will take place. Matt Odell wrote a long thread on Twitter about it. It comes down to:
The PoS chains or centralization, of course, the validation under the exchanges, etfs, and other caretakers. And this is the easiest industry to regulate. The most important innovation of Satoshi is a distributed service-Based, not the blockchain. However, he thinks that half of the industry is still in Evaluation, the problem is that it needs to be fixed.