RATE Group | Ethereum Is Making It Easier To Clone Smart Contracts
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Ethereum Is Making It Easier To Clone Smart Contracts

06 Aug Ethereum Is Making It Easier To Clone Smart Contracts

Posted at 20:42h in Ethereum News by

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A new Ethereum Improvement Proposal, EIP 1167: Minimal Proxy Contract, will likely be finalized in the next two weeks. This will make clone contracts lighter on the Ethereum network and less expensive to implement. According to the proposal’s GitHub page:

“This standard [allows] for use-cases wherein it is [desirable] to clone exact contract functionality with a minimum of side effects (e.g. memory slot stomping) and with super-cheap deployment of duplicate proxies.”

The new proposal will, in more practical terms, reduce the gas costs demanded by cloned Ethereum contracts. Clone contracts are simply smart contracts which are duplicated for re-use—and this puts a heavy load on the Ethereum network.

Up until now, developers changed the addresses in each clone contract, resulting in a lot of unnecessary traffic. But EIP 1167 will allow clone contracts to redirect transactions to one ‘master contract’ that reuses addresses. This will lighten the load on the network. Bowen…

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