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Ethereum, upgraded

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Ethereum, upgraded

October 16th, 2017

"I'm not in this world to live up to your expectations and you're not in this world to live up to mine." ― Bruce Lee

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THE FEATURE

Ethereum Executes Byzantium Blockchain Software Upgrade


History repeated? Well, that may depend on which history you're referring to…
 
Earlier today, the first stage of ethereum's Metropolis upgrade, a blockchain improvement that ushers in new and expanded functionalities, went live. So far, the response is positive from developers (and the market), with the update slowly rolling out across the distributed network.

And while it may be too early to tell if more negative repercussions have been avoided, signs are this concern has been sidestepped. While not surprising on its own (ethereum has navigated several such transitions without incident), it's perhaps the specific conditions around this upgrade that will be most notable.
 
Far from a perfect feat of engineering, ethereum's upgrade was messy – developers worked over the weekend weeding out bugs, and at press time, there's still a portion of the network infrastructure that has yet to upgrade at all.
 
Given the extreme caution and debate about how best to change the rules on public blockchains, today's results stand in stark contrast to recent dialogue. Will or should this lead to a more laissez-faire attitude toward forks?

While there is still time to go before the verdict is in, today may serve to mark a turn in the conversation.
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Ethereum's Byzantium Hard Fork Is Running Smoothly, Developers Say
Although it's still very early days for ethereum's Byzantium upgrade, developers indicate that the hard fork is running smoothly so far.

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