Ethereum

2024

Enhance

<a href="https://bitcoinworld.co.in/watchout-for-this-ethereum-massive-upgrade-prague/" title="Watchout For This Ethereum Massive Upgrade – Prague" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Ethereum testnets will undergo a massive upgrade to get prepared for upcoming Prague upgrade.</li> 
</ul> 
The Ethereum network is on the cusp of a major upgrade, one that is set to bring significant improvements and changes to the platform.&nbsp; 
This upcoming update is <a href="https://twitter.com/WuBlockchain/status/1743102546959581226">called</a> the Prague upgrade, also referred to as the Pectra upgrade, and has been a hot topic in the Ethereum community.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Ethereum Dencun upgrade schedule for testnets is as follows: Goerli – 17 Jan 2024 @ 06:32 UTC (epoch 231680) Sepolia – 30 Jan 2024 @ 22:51 UTC (epoch 132608) Holesky – 07 Feb 2024 @ 11:34 UTC (epoch 29696) 
 The next upgrade is scheduled to be named the Prague/Electra [Pectra]… 
 — Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1743102546959581226?ref_src=twsrc%5Etfw">January 5, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Testnets are essential staging grounds for new features, and the Dencun upgrade will first roll out across several testnets: Goerli on Jan. 17, Sepolia on Jan. 30 and Holesky on Feb. 7, 2024.&nbsp; 
These testnets will allow developers to fine-tune the upgrade in a controlled environment, ensuring everything operates smoothly before going live on the main network.&nbsp; 
The core development team is currently in a debate over prioritizing the implementation of Verkle trees, a data structure that would optimize storage and access to information on Ethereum.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/the-price-of-lido-staked-ether-steth-up-more-than-3-in-24-hours/" aria-label="“The Price Of Lido Staked Ether (STETH) Up More Than 3% In 24 Hours” (Edit)">The Price Of Lido Staked Ether (STETH) Up More Than 3% In 24 Hours</a> 
While some developers advocate making Verkle trees the sole focus, others suggest pursuing a smaller feature fork alongside the Verkle development.&nbsp; 
The main argument for concentrating solely on Verkle trees stems from their complexity and the time investment needed to implement them effectively.&nbsp; 
This could mean that if Verkle trees become the next priority, no new execution layer (EL) features might appear for 12 to 24 months, or possibly longer.&nbsp; 
<figure id="attachment_61483" aria-describedby="caption-attachment-61483" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-61483" src="https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update-426x300.webp" alt="" width="640" height="451" srcset="https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update-426x300.webp 426w, https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update-709x500.webp 709w, https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update-851x600.webp 851w, https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update-768x541.webp 768w, https://bitcoinworld.co.in/wp-content/uploads/Ethereum-Update.webp 908w" sizes="(max-width: 640px) 100vw, 640px">
 <figcaption id="caption-attachment-61483" class="wp-caption-text">
 Ethereum Update
 </figcaption>
</figure> 
&nbsp; 
Nevertheless, there is an understanding that even if the focus shifts to Verkle trees, minor updates to the Ethereum Layer (EL) might still be necessary.&nbsp; 
For example, changes to the gas limit for data availability are crucial for Ethereum’s scaling solutions and require coordination across both the execution layer and the consensus layer (CL).&nbsp; 
The Prague upgrade is set to include various proposals that aim to refine the Ethereum platform on different layers, including precompiled for specific cryptographic operations, a new EVM object format (EOF) and modifications to smart contract capabilities.&nbsp; 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/etherscan-has-acquired-solanas-solscan-io-to-enhance-blockchain-data-accessibility/" aria-label="“Etherscan Has Acquired Solana’s Solscan.io To Enhance Blockchain Data Accessibility” (Edit)">Etherscan Has Acquired Solana’s Solscan.io To Enhance Blockchain Data Accessibility</a> 
The Prague upgrade promises to be a significant event that will shape the future of the Ethereum ecosystem.&nbsp; 
It is a step forward in ensuring that Ethereum continues to offer a secure, efficient and scalable platform for decentralized applications. 
The post <a href="https://bitcoinworld.co.in/watchout-for-this-ethereum-massive-upgrade-prague/">Watchout For This Ethereum Massive Upgrade – Prague</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Watchout For This Ethereum Massive Upgrade – Prague

ItsBitcoinWorld

Other articles published on Jan 5, 2024

OKX Announced Plan To Delist DOME and FAME, Their Prices Began To Fall

QCP Capital Analysts Say Spot Bitcoin ETF Approval Hype Continues, Announce Levels to Watch for BTC!

Crypto Price Prediction For January 5: TIA, SOL, KAS

Cathie Wood Sells Coinbase Shares As Ark 21Shares Spot Bitcoin ETF Deadline Looms

Chainlink (LINK) Shows Strong Momentum for 2024 with Promising Trends

Crypto: Matrixport Claims Innocence Against Manipulation Allegations

Join our free newsletter for daily crypto updates!