Ethereum Istanbul Hard Fork Release Date Confirmed By Core Developer
Ethereum Foundation Developer PÃ©ter SzilÃ¡gyi has confirmed Dec. 4 as the launch date for the networkâ€™s Istanbul hard fork.
Team lead at the Ethereum (ETH) Foundation PÃ©ter SzilÃ¡gyi has confirmed Dec. 4 as the expected date for the networkâ€™s forthcoming Istanbul hard fork.
In two tweets posted on Nov. 7, SzilÃ¡gyi indicated that Istanbul will commence at block 9069000. He provided Geth mainnet node operators with a link to a new maintenance release designed to begin the hard forkâ€™s initialization.Â
Geth is the name given to one of the two most popular clients used to operate nodes on the Ethereum network â€” the other being Parity.
Ethereum gets closer to 2.0
Istanbulâ€™s most significant feature is the implementation of a new programmatic proof-of-work (PoW) algorithm dubbed â€œProgPoW,â€� which is intended to combat the advantage that ASIC miners have on the network.Â
â€œASICâ€� refers to mining hardware that uses Application-Specific Integrated Circuit (ASIC) chips, which are tailored to efficiently mine cryptocurrency based on a specific hashing algorithm.
Ethereumâ€™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 (EIPs) for testnet integration in October.Â
Following the Constantinople upgrade â€” which was completed in February of this year â€”Â Istanbul represents the latest hard fork in the networkâ€™s eventual transition to Ethereum 2.0, intended as Ethereumâ€™s final upgrade which is set to take place in 2020.
Aragon DAO platform declare opposition to IstanbulÂ
Earlier this month, community members of Aragon â€” an open-source software project for creating Ethereum-based decentralized autonomous organizations (DAOs) â€” proclaimed themselves against the protocolâ€™s shift to ProgPow.
Aragon One CTO Jorge Izquierdo had indicated in late October that Istanbul would result in breaking of roughly 680 smart contracts on the Aragon platform, stating:
â€œThe issue weâ€™re going to have hasnâ€™t been deemed important enough for this hard fork not to happen, which from our point of view is unfortunate [but] itâ€™s a hard balance we understand.â€�