Ethereum launches Berlin update with 4 new EIPs

After months of planning, The Ethereum community has set a date for its next Berlin update, marking an important milestone in its development roadmap.

Berlin is scheduled to go live on the Ethereum mainnet at block 12,244,000, or on April 14, Tim Beiko wrote on Monday. Ropsten, the first testnet to be updated, is scheduled for March 10. The Goerli and Rinkeby networks are expected to update at one-week intervals: March 17 and March 24, respectively.

Ethereum node operators are advised to upgrade to a Berlin-compliant version as soon as possible for all three test networks and before April 7 for the mainnet. Beiko explained:

“Ethereum node operators should update their nodes before the fork block on the networks they want to participate in. Due to the variability of block time, it is recommended to update several days before the expected date.”

Exchanges, wallet service providers, and ETH holders are not required to do anything to adapt to the upgrade.

A total of four Ethereum Enhancement Protocols, or EIPs, will be implemented via Berlin. Among them are:

  • EIP-2565, which reduces the cost of precompiling ModExp;
  • EIP-2929, which increases certain gas costs;
  • EIP-2718, which introduces a new type of transaction; Y
  • EIP-2930, which includes a transaction type with optional access lists.

Berlin is next to updates Istanbul and Muir Glacier, that took place in December 2019 and January 2020, respectively. The current update was named after Devcon 0, which took place in Berlin. The next planned Ethereum update will be called London, where Devcon 1 occurred.

Ethereum continues to build on the momentum of the Eth2 launch in December 2020. Eth2 launches a multi-year upgrade of the blockchain network as it attempts to move from the current proof-of-work consensus to a proof-of-stake model.

The price of ETH rose 6.5% on Monday, to hit $ 1,767. At current values, Ethereum has a total market capitalization of $ 201 billion.

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