Ethereum

2024

Uniswap

Foundation

<a href="https://bitcoinworld.co.in/uniswap-v4-upgrade-schedule-for-release-in-third-quarter-q3-2024/" title="Uniswap V4 Upgrade Schedule For Release In Third Quarter (Q3) 2024" rel="noopener noreferrer nofollow"></a>
The Uniswap Foundation has officially <a href="https://twitter.com/UniswapFND/status/1758146187318669666" rel="noopener noreferrer nofollow">announced</a> that its anticipated Uniswap v4 upgrade is scheduled for release in third quarter (Q3) 2024.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Now that the launch of Dencun on Mainnet has been scheduled for March 2024, we're excited to provide an update to the community! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f389.png" alt="🎉" class="wp-smiley" style="height: 1em; max-height: 1em;">
 Uniswap v4's launch is tentatively set for Q3 2024.
 From community-built Hooks (<a href="https://t.co/WyaGr1Ti1t" rel="noopener noreferrer nofollow">https://t.co/WyaGr1Ti1t</a>), to events, to Twitter Spaces, the…
 — Uniswap Foundation (@UniswapFND) <a href="https://twitter.com/UniswapFND/status/1758146187318669666?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 15, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Per the Feb. 15 X announcement, the upcoming update aims to improve the decentralized finance (DeFi) protocol’s functionality and efficiency by integrating features from the upcoming Ethereum Dencun upgrade.
The upgrade incorporates specific Ethereum Improvement Proposals (EIPs), EIP-4788, EIP-1153, and EIP-4844, aiming to enhance the protocol’s operations and user experience on the Ethereum blockchain.
A notable feature of the Uniswap v4 is the implementation of “hooks.”&nbsp;
This functionality allows the integration of custom logic at critical points within the protocol, such as pools, swaps, fees, and liquidity provider positions.
See Also: <a class="row-title" href="https://bitcoinworld.co.in/coinbase-named-as-custodian-in-5-of-8-ethereum-etf-applications-as-revenue-jumped-45/" aria-label="“Coinbase Named As ‘Custodian In 5 Of 8 Ethereum ETF Applications’ As Revenue Jumped 45%” (Edit)" rel="noopener noreferrer nofollow">Coinbase Named As ‘Custodian In 5 Of 8 Ethereum ETF Applications’ As Revenue Jumped 45%</a>
Introduced in a draft by the Uniswap Foundation on June 13, 2023, hooks are designed to enable dynamic adjustments and extend the range of applications for smart contracts, leading to potential reductions in fees and improved asset management for users.
The upgrade aligns with the Ethereum Dencun upgrade, particularly through the adoption of EIP-1153, which introduces transient storage.&nbsp;
This addition allows developers to create optimizations for smart contracts, aiming to lower gas fees for users involved in swapping activities or utilizing instant swap features.
Uniswap has announced a comprehensive auditing process for the v4 codebase, described as the most thoroughly audited code to be deployed on Ethereum.&nbsp;
This includes internal reviews, detailed third-party audits in partnership with leading web3 audit firms, and a community audit contest, ensuring high security and reliability standards before its launch.
In preparation for v4, the codebase is currently undergoing security enhancements and is in a frozen state as it enters its test net phase.
Founded in 2018 by Hayden Adams, a former Siemens mechanical engineer, Uniswap has become a key player in the DeFi space.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/beware-scammers-now-target-victims-with-real-crypto-in-new-address-poisoning-attack/" aria-label="“BEWARE! Scammers Now Target Victims With Real Crypto In New Address Poisoning Attack” (Edit)" rel="noopener noreferrer nofollow">BEWARE! Scammers Now Target Victims With Real Crypto In New Address Poisoning Attack</a>
Utilizing the Solidity programming language on the Ethereum blockchain, it provides a platform for liquidity provision and decentralized token trading, including crypto-to-crypto and crypto-to-stablecoin pairs.&nbsp;
Its open-source approach has fostered a large community, with over three million unique senders contributing to its development.
<blockquote>
 Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.
</blockquote>
&nbsp;
#Binance #WRITE2EARN
The post <a href="https://bitcoinworld.co.in/uniswap-v4-upgrade-schedule-for-release-in-third-quarter-q3-2024/" rel="noopener noreferrer nofollow">Uniswap V4 Upgrade Schedule For Release In Third Quarter (Q3) 2024</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Uniswap V4 Upgrade Schedule For Release In Third Quarter (Q3) 2024

ItsBitcoinWorld

Other articles published on Feb 18, 2024

Top Cryptocurrencies At The Top Of Analyst's Buy Lists: Sei (SEI), Kangamoon (KANG), Stacks (STX)

HOW TO MAKE MONEY IN CRYPTOCURRENCY

Crypto Amazon – Pushd (PUSHD) presale gains more attention with Tether (USDT) & Polkadot (DOT) in...

ChatGPT’s prediction says ADA will cross this price in 2024

Chainlink’s LINK Token Exhibits Stability as Crypto Market Recovers

Livepeer Price Prediction: LPT Soars 37% On OpenAI News As This Other Innovative New AI Crypto Bl...

Join our free newsletter for daily crypto updates!