🚨Ethereum upgrade suddenly hits the brakes! Hoodi testnet fork postponed—the issue behind it is no small matter!
Ethereum’s latest upgrade has run into another new snag! 😯
On November 6, the Ethereum Foundation revealed that during a review, the security team found the Glamsterdam upgrade could affect underlying rules that some projects rely on. Simply put, this upgrade changes some Gas fees and the way state is charged for, which could cause problems with logic that currently allows some smart contracts to run normally.
The issue involves two proposals, EIP-8037 and EIP-8038. To avoid unexpected failures after the upgrade, core developers decided to hit the brakes for now. The fork will not launch on the Hoodi testnet yet; work will continue once the issue has been thoroughly investigated.
The Ethereum Foundation is currently working with audit firms to assess the risks. It has also set up a GitHub repository specifically to remind developers to check eight key invariants and avoid pitfalls in their contracts.
I personally think that, in the short term, this means the upgrade is slowing down, but in the long run, that may not be a bad thing. The biggest risk with blockchain upgrades isn’t being a few days late—it’s rushing to meet a deadline and bringing potential vulnerabilities straight to mainnet. The Gas mechanism affects operating costs across the entire ecosystem. If something goes wrong with the underlying rules, the impact might not be limited to one project; it could affect a whole range of applications.
For ETH, what really matters isn’t a fork being postponed by a few days, but whether the follow-up audit is completed successfully and whether the upgrade schedule will be adjusted further.
Better to take it slow than gamble with the security of the entire ecosystem! 🔥$AKE $UAI $ETH
Ethereum’s latest upgrade has run into another new snag! 😯
On November 6, the Ethereum Foundation revealed that during a review, the security team found the Glamsterdam upgrade could affect underlying rules that some projects rely on. Simply put, this upgrade changes some Gas fees and the way state is charged for, which could cause problems with logic that currently allows some smart contracts to run normally.
The issue involves two proposals, EIP-8037 and EIP-8038. To avoid unexpected failures after the upgrade, core developers decided to hit the brakes for now. The fork will not launch on the Hoodi testnet yet; work will continue once the issue has been thoroughly investigated.
The Ethereum Foundation is currently working with audit firms to assess the risks. It has also set up a GitHub repository specifically to remind developers to check eight key invariants and avoid pitfalls in their contracts.
I personally think that, in the short term, this means the upgrade is slowing down, but in the long run, that may not be a bad thing. The biggest risk with blockchain upgrades isn’t being a few days late—it’s rushing to meet a deadline and bringing potential vulnerabilities straight to mainnet. The Gas mechanism affects operating costs across the entire ecosystem. If something goes wrong with the underlying rules, the impact might not be limited to one project; it could affect a whole range of applications.
For ETH, what really matters isn’t a fork being postponed by a few days, but whether the follow-up audit is completed successfully and whether the upgrade schedule will be adjusted further.
Better to take it slow than gamble with the security of the entire ecosystem! 🔥$AKE $UAI $ETH
