Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX
No Result
View All Result
The Daily Hodl
No Result
View All Result

Major Ethereum Upgrade Istanbul Goes Live to Enhance Performance and Scalability

by Daily Hodl Staff
December 8, 2019
in Ethereum

Ethereum’s most recent system-wide network upgrade, dubbed “Istanbul,” is now live. It implements six different Ethereum improvement proposals (EIPs), which aim to enhance performance on the public blockchain while introducing new ways for developers to create smart contract-based decentralized applications (DApps).

Developers have already delivered a slew of DApps that are  available for free on the Apple or Google Play stores. They include products and services across multiple industries, from finance to music to gaming and social networking, that allow users to get loans, find work, manage digital assets, buy art and license music, among other offerings.

Ethereum has officially forked for Istanbul at block 9,069,000.https://t.co/3eW2NQKFhQ

— eric.eth (@econoar) December 8, 2019

Ethereum’s new – Istanbul update allows the ETH blockchain to interoperate with privacy coin protocol Zcash. The upgrade is a hard fork of the Ethereum blockchain, making it a backwards incompatible update that will no longer support older versions of Ethereum’s codebase.

A total of seven hard forks have been performed on the Ethereum network. They include Constantinople, Spurious Dragon and Byzantium.

Istanbul comes with six major updates.

EIP-152 – Improves interoperability between Ethereum and the Zcash protocol, which helps enhance the former’s privacy features.

EIP-1108 – Aims to enhance Ethereum’s network performance and may allow for greater scalability.  

EIP-1344 – Aims to  reduce human errors that can lead to loss of funds or relay attacks.

EIP-1884 – Aims to provide better resource management on the Ethereum network.

EIP-2028 – Aims to deliver higher bandwidth, thus achieving increased scalability.

EIP-2200 – Introduces new capabilities for smart contracts. 

The Istanbul upgrade might not be immediately noticeable to regular users; however, ETH miners or full-node operators must update their clients to the latest version, in order to run the most recent version of Ethereum.

[the_ad id="42537"] [the_ad id="42536"]
Check Latest News Headlines


 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • Kingdom Quest Launches Token IDO on Poolz
    August 18, 2022
  • W3 Storage Lab Raises $3 Million in Pre-Seed Round
    August 18, 2022
  • Massive Online PFP NFTs Meetup in the Mega World
    August 18, 2022
  • DeFi Yield Protocol (DYP) Anticipates Metaverse Platform Launch With Listings on Coinbase, Huobi and MEXC
    August 17, 2022
  • Former Navy SEAL and Author Willard Chesney Joins CBS SEAL Team Actor Justin Melnick With NFT Collection Release on the ReserveBlock RBX Network, Proceeds To Benefit the Boot Campaign
    August 16, 2022
  • Oraichain Introduces Accelerator Program for DApps Building on Its AI Layer One Ecosystem
    August 15, 2022
  • DAM Finance Receives Strategic Investment From Arrington Capital Moonbeam Growth Fund
    August 11, 2022
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$22,828.12
$22,828.12
2.78%
Ethereum
$1,822.40
$1,822.40
1.63%
Cardano
$0.496367
$0.496367
7.89%
XRP
$0.364062
$0.364062
3.17%
Dogecoin
$0.074438
$0.074438
7.62%

Spotlight

  • Low-Cap Altcoin Explodes After Institutional Giant BlackRock Namedrops Crypto Asset
    August 11, 2022
  • Binance Executive Says Retail Investors Flocking to Bitcoin (BTC) and Crypto Amid Rampant Inflation: Report
    August 14, 2022
  • Top Analyst Says Ethereum Rival Solana (SOL) Should Be Worth More, Believes Crypto Markets Won’t Revisit Lows
    August 16, 2022
  • Digital Assets Exchange Crypto.com Adds New Support for Surging, Under-the-Radar Altcoin
    August 12, 2022
Finance Magnates London Summit Banner
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX •
Futuremash •
Industry Announcements

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2022 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • ChainWire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Binance Coin (BNB)
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EMAIL ALERTS
  • DAILY HODL MIX

© 2022 The Daily Hodl