The first Ethereum network upgrade in 15 months is only 18 hours away.
The first Ethereum network upgrade in 15 months is only 18 hours away. Make sure to upgrade your nodes!
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).
Countdown clock is below:
Official Ethereum Berlin Upgrade Announcement
What is the Berlin upgrade?
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.
Some of the protocols to be released in the April upgrade include:
EIP-2565 = reduce the cost of the ModExp precompile. This will help calculate the gas prices.
EIP-2929 = will ‘increase’ certain gas costs when used for the first time in a transaction.
EIP-2718 = will introduce a new transaction module that will support multiple transactions.
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.
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.
Why “Berlin”?
After Istanbul, we ran out of names for our planned network upgrades. It was suggested to use Devcon City names for upgrades, and we stuck with it! Berlin is where Devcon 0 took place, and the next upgrade will be called London, where Devcon 1 happened.
What should you do?
If you are running an Ethereum client (for example Geth, Openethereum, Besu, or Nethermind) please update it to the latest version.
submitted by /u/Jimbley_Neutralon
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