Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer
Marie Huillet's original article for cointelegraph.com reduced by 55%
Team lead at the Ethereum Foundation Péter Szilágyi has confirmed Dec. 4 as the expected date for the network's forthcoming Istanbul hard fork. He provided Geth mainnet node operators with a link to a new maintenance release designed to begin the hard fork's initialization.
Geth is the name given to one of the two most popular clients used to operate nodes on the Ethereum network - the other being Parity. Ethereum's developers decided to split the implementation of Istanbul into two stages, beginning with a version that included a selection of six Ethereum Improvement Proposals for testnet integration in October. Following the Constantinople upgrade - which was completed in February of this year - Istanbul represents the latest hard fork in the network's eventual transition to Ethereum 2.0, intended as Ethereum's final upgrade which is set to take place in 2020.
Also known as Serenity, Ethereum 2.0 will shift the network to a proof-of-stake consensus algorithm and tackle core challenges such as scalability, economic finality and security. "The issue we're going to have hasn't been deemed important enough for this hard fork not to happen, which from our point of view is unfortunate [but] it's a hard balance we understand..
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