Ethereum

Vitalik Buterin Encourages Node Operators To Update Clients Before To The Bellatrix Upgrade

Vitalik Buterin, co-founder of Ethereum, is advising node operators to update their clients ahead of the Bellatrix “hard fork,” scheduled for September 6.

Vitalik Buterin Encourages Node Operators To Update Clients Before To The Bellatrix Upgrade

The planned upgrade, according to Vitalik Buterin, will be the last one to get the Beacon Chain, a proof-of-stake (PoS) chain, ready for the Merge.

The program that enables Ethereum nodes to read blocks from the blockchain and smart contracts is known as an Ethereum client. A “node” is a client program that is currently active. One must first download an Ethereum client program in order to operate a node. Different Ethereum client software with varying coding languages and code bases can run nodes.

Ethereum node operators must update their consensus layer clients before epoch 144896 on the Beacon Chain in order to comply with the Bellatrix upgrade. It is planned for the upgrade to happen at 11:34:47 UTC. This final important change prior to the Merge consolidates the PoS chain with the present execution layer.

26.5% of node operators had not updated their clients when the Bellatrix upgrade was performed, leaving 73.5% of all node operators Merge ready. A non-updated client would sync to the pre-fork blockchain, the Ethereum foundation warned.

Tim Beiko also encouraged node operators to update their clients – Vitalik Buterin 

Vitalik Buterin Encourages Node Operators To Update Clients Before To The Bellatrix Upgrade

Following the Bellatrix upgrade, there will be an official event named the “Paris Upgrade” between September 13 and 15. The Merge will occur when Terminal Total Difficulty (TTD) reaches 5875, at which point a Beacon Chain validator will create the following block, officially ushering in Ethereum’s PoS era.

The second of Ethereum’s three transition phases would be finished with the eagerly anticipated transition. Ethereum wants to become more scalable and energy-efficient by switching to PoS. The Merge won’t affect the gas fee or scalability, though. When the last phase is finished, which is projected to be in late 2023, those functionalities will be available.

The price of Ether (ETH) has risen over the past day in a bullish trend and is currently trading at $1,662. On the 24-hour chart, the second-largest cryptocurrency outpaced Bitcoin (BTC), registering a rise of 6.41% compared to 1.4% for BTC. With the Merge less than a week away, the price of ETH has also developed a weekly momentum, recording a weekly increase of 7%.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Annie

CoinCu News

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

Recent Posts

Bitcoin Trader Turned $100M in His 20s—Now Reveals 5 Altcoins to Build a $50M Portfolio, With Memecoins Leading the Way!

As Bitcoin reaches unprecedented heights and the market surges, he's highlighting five altcoins poised for…

19 minutes ago

Which Crypto Will Explode in the 2024-2025 Bull Run?

With the crypto market reaching new peaks, many are eager to discover digital currencies poised…

25 minutes ago

Dogecoin and Shiba Inu Approach $1, but All Eyes Are on XYZVerse’s Push to $10!

XYZVerse, blending sports passion with meme energy, is set to make a significant impact, uniting…

32 minutes ago

Will Bitcoin Crash or Soar Past $105K in 2024?

Will Bitcoin Crash?" seems to be one of the most controversial questions, as the price…

2 hours ago

The Best Crypto for Passive Income? 10% Weekly Gains and 20% Final Surge—Qubetics Mirrors Cosmos’ Early Success!

There’s always that one coin people wish they hadn’t overlooked. For many, Cosmos ($ATOM) is…

2 hours ago

Cosmos Developer Interchain Foundation Sold 3000 ETH Today

Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…

3 hours ago

This website uses cookies.