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    Ethereum To Activate Its System-Wide Upgrade Testnet Instanbul In October

    The launch of Instanbul’s testnet, known as the upcoming hard fork created by the Ethereum blockchain, is set for October. According to Hudson Jameson, the community manager at the Ethereum Foundation, the block that was picked for the launch will be mined around October 2.

    However, he noted that it would not be surprising if the team was one day behind or ahead of the official schedule when the actual launch happens. Originally, the launch would happen on September 4, but it had to be pushed forward around a month because several changes still had to be audited.

    A total fo 30 Ethereum Improvement Proposals (EIPs) were considered for the launch, but only six of them were approved. Eight other EIPs will be implemented in Berlin, the hard fork that will happen next year.

    According to the Ethereum Foundation, the delay in the testnet will also affect the launch of Instanbul’s mainnet, which will be released only in November now. No block height was specified, though, as the developers don’t want to commit to a date, only to have to change it later, like they recently did with the testnet.

    At the moment, the only problem in the way of the release are the audits. Developers are meeting with security firms in order to test the codes to make sure that no problems will happen after the launch and there are no exploits available for people with ill intent.

    The most important change will only happen in the next hard fork, though. The ProgPoW update, which will block ASIC miners from operating in the network, is still being audited to be launched during the Berlin update.

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    Gabriel Machadohttps://bitcoinexchangeguide.com/
    Brazilian journalist who is interested in the future of the financial world. Has a special interest in the blockchain technology and the global financial markets. Covers economic and technology news with a focus on the fintech industry and has been writing about the cryptocurrency market since the start of 2017.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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