Currency Economy

London fork enters testnet on Ethereum as difficulty bomb sees delay

Cryptocurrency5 minutes ago (Jul 04, 2021 11:20AM ET)London fork enters testnet on Ethereum as difficulty bomb sees delay

London fork enters testnet on Ethereum as difficulty bomb sees delay

The Ethereum network witnessed the deployment of its London upgrade on the Ropsten testnet on June 24. This upgrade consists of the highly anticipated Ethereum Improvement Proposal (EIP) 1559.

Following the launch on the Ropsten testnet, the London upgrade will be deployed on Ethereum’s Goerli, Rinkeby and Kovan testnets at weekly intervals. This is one of the important steps in the roadmap to implement a proof-of-stake (PoS) consensus on the Ethereum network, also known as Ethereum 2.0.Changes proposed by EIP-1559. Source: ConsenSys

Continue Reading on Coin TelegraphLondon fork enters testnet on Ethereum as difficulty bomb sees delay

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