Ethereum “Istanbul” Update Can Happen Without the Participation of Vitalik Buterin

Ethereum “Istanbul” Update Can Happen Without the Participation of Vitalik Buterin

The founder of the Ethereum Fund, Vitalik Buterin, said that the platform can only become decentralized when it does not depend on his influence. Note, that it was not the first time when Buterin said such words. Earlier, he had already announced that he was thinking of moving away from Ethereum.

As it became known, the second-largest cryptocurrency is preparing for a grand update called Istanbul, and this hard fork is likely to pass without Buterin`s participation. Recall that in October last year, Vitalik Buterin announced his desire to “disconnect” from the crypto project. He argued his decision by the fact that he felt the need to leave leadership.

It is worth noting that Istanbul’s hard fork will be special. Unlike many other updates, it will take place in stages. 6 key improvements are already approved. Developers continue to discuss EIP. We will see the first part of Istanbul in October of this year, and the second, during which testing of changes starts, will take place in the first quarter of 2020. Hard fork aims to make the network more secure and efficient.

Leave a Reply

Your email address will not be published. Required fields are marked *