BTC $42962.99 (0.49%)
ETH $3029.85 (3.31%)
USDT $1.00 (-0.0%)
BCH $500.85 (-2.9%)
BSV $127.85 (-4.9%)
LTC $149.26 (-1.4%)
BNB $342.08 (-2.2%)
ADA $2.20 (-4.4%)
DOGE $0.20 (-2.3%)
BTC $42962.99 (0.49%)
ETH $3029.85 (3.31%)
USDT $1.00 (-0.0%)
BCH $500.85 (-2.9%)
BSV $127.85 (-4.9%)
LTC $149.26 (-1.4%)
BNB $342.08 (-2.2%)
ADA $2.20 (-4.4%)
DOGE $0.20 (-2.3%)

ETH Foundation Says Berlin Hard Fork Has Fixed Its Network Flaws

Ethereum_Foundation_Says_Berlin_Hardfork_Addressed_‘Clear_and_Present’
  • Ethereum Foundation has disclosed that Berlin hard fork has now fixed its Network Flaws.
  • The misfortune was an “open secret” in the Ethereum community.
  • The ETH protocol flaw lasted since October 2019.

According to the Ethereum Foundation, the ETH Berlin hard fork that adjusts gas price has fixed severe flaws on their network.

However, the severe threat that eventually pushed the protocol to intruders was an “open secret” within the entire Ethereum community, according to the report. Of note, the flaw in the ETH protocol started in October 2019.

Moreover, ETH Foundation has confidentially unveiled that their misfortune at hand has been resolved completely. Reasonably, the ETH Foundation gave its “now-fixed” update just to boost transparency interest on its blockchain.

The Foundation said,

We estimate that the threat is low enough that transparency trumps, and it’s time to make a full disclosure about the work behind the scenes.

Briefly, the Berlin hard fork is an Ethereum-based network upgrade. Of note, it joins about four Ethereum Improvement Proposals (EIPs). To mention a few, they are EIP-2565, EIP-2718, EIP-2929, and EIP-2930 respectively.

Functionally, the EIPs mainly enable new transactions and adjust gas prices via the blockchain. Furthermore, the ETH Berlin hard fork upgrade represents itself as a stepping stone to the Long hard fork. The Berlin hard fork strives to activate EIP 1559 to eventually change the nature of the ETH network fees.

Recommended News

Collins Adane is a writer who follows the crypto industry closely. He loves fish stew and Real Madrid. He believes in cryptocurrency’s potential to transform the money landscape in his native country Ghana.