Ethereum Devs Set Date For Altair Upgrade Ahead Of ETH 2.0
Ethereum’s upgrade to ETH 2.0 has been one of the most anticipated upgrades in the crypto space. Although scheduled to go completely live in 2022, the market remains abuzz with the possibilities this upgrade will bring with it. There are going to be a number of upgrades that will culminate in the final upgrade in […]
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Ethereum has announced a bounty for its community to find bugs in its network before the Altair upgrade. The upgrade had been announced at the end of September and a date for the launch was set for October 27th, about three weeks from now. The devs had also given the precise time and block that […]
The Altair update will introduce Beacon Chain to the Ethereum Mainnet. The Ethereum 2.0 Altair Beacon Chain update has gotten off to a successful start, with 98.7% of nodes already upgraded. On Oct. 27, Ethereum 2.0 developer Preston Vanloon tweeted that the Altair upgrade had been “activated successfully.”Altair is the first upgrade to the Beacon Chain since it went online in December 2020 and is likely the last before the merge with the Ethereum mainnet and the change to proof-of-stake. The upgrade brings light-client support to the core consensus, cleans up beacon state incentive....
Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. The Ethereum network’s long-planned upgrade to a scalable, proof-of-stake consensus model grows closer as developers set a date for the Altair upgrade. Altair, which is described as the first mainnet upgrade to the Beacon Chain, is scheduled to take place at epoch 74240, or roughly Oct. 27, according to Ethereum Foundation researcher Danny Ryan. Ryan described the technical upgrade as follows:“This upgrade brings light-client support to the core consensus, cleans up....
Following the Altair upgrade on the Ethereum network, the protocol’s native cryptocurrency reached a new all-time price high. Altair is the next step for the Ethereum’s network’s proof-of-stake (PoS) transition. However, a recently submitted white paper explains that a group of computer scientists from Stanford University and the Ethereum Foundation believe there are three attack vectors “on [a] proof-of-stake Ethereum” blockchain.
The 3 Attacks Against Ethereum Thesis Aims to Describe a Proof-of-Stake Problem Based on Evidence
The Ethereum....
The Altair upgrade later this month will be the first update to the Beacon Chain, marking the first preparatory move for the upcoming Merge. The price of Ether (ETH) nearly hit a new all-time high on Oct. 21 before falling below $4,000 after the $435-million options expiry on Oct. 22 soured the mood. The Ethereum network is set to take another step toward Ethereum 2.0 on Oct. 27 at epoch 74240 with the Altair upgrade to Beacon Chain. Eth2 will be an entirely proof-of-stake (PoS) network, for which the community has been gearing up for over a year now.As per an Ethereum Foundation blog post....