The date for the Constantinople upgrade for Ethereum is finally set. Following the latest Ethereum news, the major upgrade for the ETH blockchain is set for 28th February at block number 7,280,000.
The update was previously scheduled for February 25. The upcoming hard fork will make huge changes to the Ethereum Improvement Proposals (EIPs) which aim to improve all of the core protocol specifications, contract standards, and client APIs. The initial date was changed because of a major security flaw that was identified by the eth team. The new code is now audited by a third party audit company. The vulnerability allows a potential attacker to steal cryptocurrency from a smart contract on the network – by repeatedly requesting funds from it while feeding it false data about the malicious actor’s actual ETH balance.
This upgrade focuses on the decentralized nature of Ethereum and blockchain overall. Before the upgrade goes live, test networks are also being upgraded to the test improvements.
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Vitalik Buterin explained that the new upgrade won’t have any security implications. He pointed out:
“The one thing we need to keep in mind is more for the future, when thinking about rents and deletion; that’s a way that can lead to contracts being in a state to being not in a state without a self-destruct operation […]. It’s not something we need to figure out in the next few weeks, but it’s still useful to keep in mind when getting the ETH 2.0 sharding to a VM spec very soon.”
A major problem for Ethereum is scalability so the hard fork is expected to fix it.
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