When is the scheduled upgrade date for Ethereum (ETH) in Shanghai?
Diana PekelMay 07, 2022 · 3 years ago1 answers
Can you provide more details about the scheduled upgrade date for Ethereum (ETH) in Shanghai? What are the specific changes and improvements expected from this upgrade?
1 answers
- May 07, 2022 · 3 years agoAs an expert in the field, I can confirm that the scheduled upgrade date for Ethereum (ETH) in Shanghai is November 4th, 2021. This upgrade, known as the Ethereum London hard fork, is expected to bring significant improvements to the Ethereum network. The EIP-1559 proposal, which is a key component of this upgrade, aims to address the issue of high and unpredictable transaction fees by introducing a new fee structure. This will make transactions more efficient and user-friendly. Additionally, the EIP-3198 proposal will enhance the network's security by mitigating denial-of-service attacks. Overall, this upgrade is an important step towards improving the scalability and usability of Ethereum.
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