Friday, June 2, 2023
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
BitScoop
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT
CRYPTO MARKETCAP
BitScoop
No Result
View All Result
Home Ethereum

Gray Glacier Upgrade Announcement | Ethereum Foundation Blog

by BitScoop
June 16, 2022
in Ethereum
Reading Time: 3 mins read
A A
0
Gray Glacier Upgrade Announcement | Ethereum Foundation Blog
Share on FacebookShare on Twitter

[ad_1]

The Ethereum network will be undergoing a scheduled network upgrade at block 15,050,000, which is expected to occur on Wednesday, June 29, 2022. The exact date is subject to change due to variable block times and time zones. Please upgrade your node before Monday, June 27, 2022 to account for variable block times.

What is Gray Glacier?

The Gray Glacier network upgrade changes the parameters of the Ice Age/Difficulty Bomb, pushing it back by 700,000 blocks, or roughly 100 days. This has also been done in the Byzantium, Constantinople, Muir Glacier, London and Arrow Glacier network upgrades. No other changes are introduced as part of Gray Glacier.

With Ropsten now transitioned to proof-of-stake, the difficulty bomb only affects the Ethereum mainnet. This means Gray Glacier will not be deployed on any testnet.

Client Versions

In order to be compatible with the Gray Glacier upgrade, node operators will need to update the client version that they run to one of the ones listed below:


Upgrade Specification and EIPs

The full specification for the upgrade can be found in the execution-specs repository under gray-glacier.md.

A single EIP is included in the upgrade: EIP-5133: Delaying Difficulty Bomb to Mid September 2022.

As an Ethereum user or ether holder is there anything I need to do?

If you use an exchange, a web wallet service, a mobile wallet service, or a hardware wallet you do not need to do anything unless you are informed to take additional steps by your exchange or wallet service.

As a node operator or miner, what do I need to do?

Download the latest version of your Ethereum client, as listed in the table above.

What happens if I am a miner or node operator and I do not participate in the upgrade?

If you are using an Ethereum client that is not updated to the latest version (listed above), your client will sync to the pre-fork blockchain once the upgrade occurs. You will be stuck on an incompatible chain following the old rules and you will be unable to send Ether or operate on the post-upgrade Ethereum network.

What is a network upgrade in Ethereum-land?

A network upgrade is a change to the underlying Ethereum protocol, creating new rules to improve the system. The decentralized nature of blockchain systems makes a network upgrade more difficult. Network upgrades in a blockchain require cooperation and communication with the community, as well as with the developers of the various Ethereum clients in order for the transition to go smoothly.

What happens during a network upgrade?

After the community comes to an agreement concerning which changes should be included in the upgrade, changes to the protocol are written into the various Ethereum clients, such as Besu, Erigon, go-ethereum and Nethermind. The protocol changes are activated at a specific block number. Any nodes that have not been upgraded to the new rule set will be abandoned on the old chain where the previous rules continue to exist.

Why “Gray Glacier”?

While we generally use Ethereum conference city names for execution layer network upgrades, upgrades that only delay the difficulty bomb/ice age use glacier names instead.

Gray Glacier was chosen because it literally merges into another glacier, just like how Ethereum’s execution layer will soon be merged with the Beacon Chain!


Thank you to Matt Palmer for the original cover image and Tomo Saito for the modifications.

Related articles

Coinbase CEO hints its new layer-2 network could include AML measures

Coinbase CEO hints its new layer-2 network could include AML measures

March 7, 2023
Layer 2 mess

Layer 2 mess

March 5, 2023

[ad_2]

Source link

Tags: altcoinsAnnouncementbitcoin pricebitcoin updatesbitscoopBlogcrypto newscrypto updatesEthereumFoundationGlacierGraylatest bitcoin newsUpgrade
Share76Tweet47
Previous Post

In Dialog With the Federal Reserve Chief Innovation Officer

Next Post

New St Petersburg honest launches throughout Artwork Basel as Russia’s artwork scene copes with new actuality

Related Posts

Coinbase CEO hints its new layer-2 network could include AML measures

Coinbase CEO hints its new layer-2 network could include AML measures

by BitScoop
March 7, 2023
0

https://cointelegraph.com/news/coinbase-ceo-hints-its-new-layer-2-network-could-include-aml-measures Is this for real??? While I was really excited earlier by this Layer 2 announcement, this AML stuff leaves...

Layer 2 mess

Layer 2 mess

by BitScoop
March 5, 2023
0

I just recently started playing with layer 2 (Arbitrum). It seems really not intuitive and too complex for the normal...

Scroll zkEVM 101 | The journey of a transaction

Scroll zkEVM 101 | The journey of a transaction

by BitScoop
March 3, 2023
0

I wrote this guide to understand and explain how a transaction is created, mined, committed and finalized from a zk-rollup...

Ethereum ERC-4337 ‘smart accounts’ launch at WalletCon: Account abstraction is here

Ethereum ERC-4337 ‘smart accounts’ launch at WalletCon: Account abstraction is here

by BitScoop
March 2, 2023
0

https://cointelegraph.com/news/ethereum-erc-4337-smart-accounts-launch-at-walletcon-account-abstraction-is-here Account abstraction is finally here! This is a really exciting development, but I am wondering whether the 'Smart Accounts'...

EIPs Insight (Feb 2023)

EIPs Insight (Feb 2023)

by BitScoop
March 1, 2023
0

**EIPs Insight (Feb 2023)** 4 `Final` and 20 `Draft` were added to the repo in Feb 2023. Check out the...

Load More
Next Post
New St Petersburg honest launches throughout Artwork Basel as Russia’s artwork scene copes with new actuality

New St Petersburg honest launches throughout Artwork Basel as Russia’s artwork scene copes with new actuality

Ethereum At $1020, Will It Fall Under $1000 Anytime Quickly?

Ethereum At $1020, Will It Fall Under $1000 Anytime Quickly?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

March 7, 2023
Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

March 7, 2023
Guide to Using Multisig Wallets to Secure Your Crypto [2023]

Guide to Using Multisig Wallets to Secure Your Crypto [2023]

March 7, 2023
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

March 7, 2023
The 2023 Guide to Avalanche’s Fuji Testnet & Avalanche Faucets

The 2023 Guide to Avalanche’s Fuji Testnet & Avalanche Faucets

January 10, 2023
How to Pay a BitPay Invoice with Polygon

How to Pay a BitPay Invoice with Polygon

November 8, 2022
Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

Crypto Projects Are Taking Advantage of Shibarium Hype, Warns Lead Shiba Inu Developer

March 7, 2023
Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

Hut 8’s BTC Production Dips 17% in February, Plans Sale to Fund Operations

March 7, 2023
Guide to Using Multisig Wallets to Secure Your Crypto [2023]

Guide to Using Multisig Wallets to Secure Your Crypto [2023]

March 7, 2023
Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

Argo Blockchain Continues To Increase Bitcoin Mining, Outpacing Difficulty Growth

March 7, 2023
A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF

A Dozen Reasons Why the SEC Should Have Approved Grayscale’s Spot Bitcoin ETF

March 7, 2023
Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

Judges Consider Grayscale’s Arguments In Bitcoin ETF Hearing Against SEC

March 7, 2023
Facebook Twitter LinkedIn Tumblr
BitScoop

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Bitscoop

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • METAVERSE
  • WEB3
  • ANALYSIS
  • REGULATIONS
  • SCAM ALERT

Copyright © 2022 - Bitscoop.
Bitscoop is not responsible for the content of external sites.