The evolution of Ethereum, including the division of ERC and EIP, has sparked optimism for upgrades, but the market impact remains to be revealed.With the division of ERC and EIP, a crucial step has been taken in the development of Ethereum
The evolution of Ethereum, including the division of ERC and EIP, has sparked optimism for upgrades, but the market impact remains to be revealed.
- With the division of ERC and EIP, a crucial step has been taken in the development of Ethereum.
- The development of the situation also discussed the escalation of Denchun.
As the price of ETH skyrockets with the broader cryptocurrency market, the Ethereum [ETH] development team continues to work online.
This sustained development in the bullish market is a significant sign of Ethereum's commitment to staying at the forefront of the blockchain industry.
Split completed
One of the most important developments in the Ethereum ecosystem is the separation between the Ethereum Request for Comments (ERC) and the Ethereum Improvement Proposal (EIP). After years of discussion, this split is an important milestone. The purpose of this separation is to provide standardized and high-quality documentation for the Ethereum application layer. By distinguishing between ERC and EIP, Ethereum can create clear records of past and ongoing improvements to application standards.
Meanwhile, the core EIP has played a significant role in enhancing the Ethereum consensus protocol.
Insights from ACDC conference calls
Recently, Ethereum developers held a biweekly meeting called ACDCCall. These meetings are important platforms for discussing a wide range of topics related to the development of Ethereum technology.
At this special meeting, there are several important topics on the agenda. This includes discussions on the recently launched Devnet-10, which is an important component of the Ethereum development process.
Devnet-10 is designed to allow testing of Denchun upgrades. A key highlight is the participation of 330000 active validators in this testing network, making it an important milestone in the development of Ethereum technology.
However, like any complex technical effort, Devnet-10 is not without its initial problems. It is worth noting that both Prysm and Teku's clients have encountered challenges, but the development team has successfully resolved these issues.
The meeting also discussed the key testing of the Lodestar client on the Miner Extractable Value (MEV) workflow, which identified and addressed certain issues.
One of the highlights of the meeting was the discussion surrounding blob delay analysis in Devnet-10. The developers carefully examined the processing and transmission methods of data blocks in the test network.
Although the analysis confirms the trends observed in previous testing, it is clear that further inspection and testing are needed before implementing these changes in the public Ethernet testing network.
In addition, extensive discussions were held on stabilizing the client version and enhancing the testing of MEV builders and relay components. The goal is to ensure that these elements are robust before being released on the Denchun public testing website.
Given the shutdown of Devnet-10, developers plan to launch Devnet-11, which will involve fewer validators.
Register upgrade activation
The upgrade of Denchun is an important step in the sustained development of Ethereum and received widespread attention during the ACDCCall # 173 conference. The development team outlined their plan to prepare and activate this upgrade.
In preparation for Denchun, the developers decided to launch Devnet-11, a testing network aimed at promoting various functional tests. This includes testing the MEV workflow and summarizing implementation.
To ensure seamless operation of these functions, it is crucial to have a stable client version on Devnet-11.
We discussed the timing of these steps and suggested the activation date for Denchun on the Goerli testing website.
However, it is evident that due to the continuous changes in Prysm client software and the upcoming developer conference, the earliest possible activation time for Denchun will be in late November.
The activation of the Denchun main network may also be delayed until early 2024.
Market Impact and Ethereum Performance
Despite these significant technological developments, the impact on the Ethereum market performance remains uncertain. As of the time of writing this article, the trading price of Ethereum was $1780, after a significant increase in the previous few days.
Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])
