Ethereum’s next major upgrade, Glamsterdam, put on hold by developers: Don’t break the chain ⚠️

🔧 What happened
• On 11/6, the Ethereum Foundation blog reported that auditing firm ChainSecurity found EIP-8037/8038 change gas accounting and could break assumptions relied on by eight types of contracts
• Core developers (ACD) have paused the Hoodi testnet fork, with no new date set
• On 11/8, Curve’s founder appealed: “Please don't break the chain,” worried this could mean another emergency hard-fork rollback
• An existing list identifies around 200,000 affected contracts, but critics say the actual number is much higher

💡 My take
Contracts can’t be upgraded. If gas costs rise, calls with fixed gas limits could fail outright, locking up funds. Delaying the upgrade is a good thing—better to take it slow than have something go wrong—but in the short term, it will dampen the “upgrade is bullish” narrative. $ETH is currently around $2,230, BTC around $75,700, and the Fear and Greed Index is at 28. The market is already short on stories.

📍Watch for: whether the ACD changes the specs at its next meeting, and the Foundation’s audit results.

Do you think Glamsterdam should change the specs or be postponed further? Let’s discuss in the comments 👇

$ETH $BTC #以太坊 #Glamsterdam #CryptoMarket
Personal opinion only; not investment advice