Ethereum introduces a Berlin upgrade with 4 EIPs

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After months of planning, the Ethereum community has set a schedule for the upcoming Berlin upgrade, which is an important milestone in their development roadmap.

Berlin should go live in Block 12.244.000 or on April 14th in the Ethereum Mainnet, Tim Beiko wrote on Monday. Ropsten, the first testnet to be updated, is scheduled for March 10th. The Goerli and Rinkeby networks are expected to be updated in one-week increments on March 17th and March 24th, respectively.

The operators of Ethereum nodes are advised to upgrade as soon as possible to a Berlin-compatible version for the three test networks and before April 7th for the mainnet. Beiko stated:

“Ethereum node operators should update their nodes before the fork block on the networks they want to join. Due to the variability of the block time, it is recommended that you update a few days before the expected date.”

Exchanges, wallet service providers and ETH holders do not have to do anything to upgrade.

A total of four Ethereum Improvement Protocols (EIPs) are being implemented via Berlin. They include:

  • EIP-2565, which reduces the cost of ModExp precompilation;
  • EIP-2929, which increases certain gas costs;
  • EIP-2718, which introduces a new type of transaction; and
  • EIP-2930, which contains a transaction type with optional access lists.

Berlin follows the upgrades of Istanbul and Muir Glacier, which took place in December 2019 and January 2020, respectively. The current upgrade was named after Devcon 0, which took place in Berlin. The next planned upgrade from Ethereum is called London, where Devcon 1 took place.

Ethereum is still on the rise with the launch of Eth2 in December 2020. Eth2 is starting a multi-year upgrade of the blockchain network to move from the existing consensus on proof of work to a proof-of-stake model.

The ETH price rose 6.5% on Monday to $ 1,767. At its current value, Ethereum has a total market capitalization of $ 201 billion.