RATE Group | Ethereum Hard Fork Is Coming — Here’s What You Need to Know About ‘Istanbul’
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Ethereum Hard Fork Is Coming — Here’s What You Need to Know About ‘Istanbul’

09 Oct Ethereum Hard Fork Is Coming — Here’s What You Need to Know About ‘Istanbul’

Posted at 14:20h in Ethereum News by

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Istanbul, the long-awaited Ethereum hard fork, is set to release sometime later this year, bringing changes regarding scalability, mining, and accessibility.

As the number two cryptocurrency in terms of market cap, and one of the largest platforms for decentralized application (dApp) development, the network could really use an upgrade. To implement these changes, Istanbul is bringing with it a set of EIPs or Ethereum Improvement Proposals — network changes agreed upon by the community.

Ethereum Eth

A Testnet Hiccup

Originally, the network was meant to go live on the mainnet come Oct 16, however, it ended up getting delayed, with a test fork supposed to have gone live on the Ropsten testnet on Oct 2. Though, BeInCrypto reported that the testnet went unusually unstable due to launching early on Sept 30. The project was then scheduled for Görli on Oct 30, and then Rinkeby testnets on Nov 13.

Arguably the most notable change coming with Istanbul is the hopeful shift of Ethereum from a Proof-of-Work…

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