Berlin Upgrade of Ethereum 2.0 : A Long Expected Party

Berlin Upgrade of Ethereum of 2.0

There is a programme to be held in Berlin, China were it is intended to upgrade the current Ethereum 1.0 proof –of-work blockchain. It has been shifted several times for various reasons, which includes centralization concerns based on the critical dependence on the Geth Client.

There have been numerous, over time in the proposed EIP, while this development also coincided with the debut of the Ethereum 2.0 beacon chain in December, 2020.

It is imperative to mention that the programme to be done in Berlin is a follow up the Muir Glacier and Istanbul upgrades that was initiated in December 2019 and January, 2020 respectively.

It is imperative to mention, that prior the upgrade of, which the network is entering into a less energy-intensive proof-of-stake consensus mechanism, the extant blockchain is expected to see further upgrades.

The next upgrade is to be held in London and it has been programmed to hoild on July, 2021. The London upgrade will include EIP-1559,  and the purpose of the update is to overhaul the way ethereum transaction .

 

 

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