Ethereum Announces Istanbul Upgrade
Ethereum Foundation makes an announcement about the upcoming Ethereum network updates, called Istanbul.
As reported via Ethereum official blog, the network will be undergoing a programmed upgrade at block number 9,069,000. The upgrade is expected to take place on December 7 of the current year. However, the date could be changed because of the variable block times & time zones.
The Ethereum Foundation also asks the network users to upgrade their nodes before December one of this year in order to account for the variable block times.
The upgrade Istanbul includes changes that are defined using Ethereum Improvement Proposals (EIPs). EIP describes standards for the Ethereum platform, in particular as regards to the core protocol specifications, client APIs as well as contract standards.
Ethereum Foundation also writes that the Ethereum network users who utilize crypto exchanges, as well as web, mobile and hardware wallet services, are not required to take any actions unless they are informed to take supplementary actions by the exchange or wallet service they use.