The core developers of Ethereum (ETH) held their regular meeting on YouTube on August 24th on the progress of client deployment and on the Enterprise Integration Patterns (EIP) tests for the next fork of Constantinople.
The meeting began with a discussion of the latest updates on untested blockchain test processes and progress achieved by major ETH customers, with one of the developers explaining that some tests need to be renewed to avoid potential consensus problems. .
This week saw the release of a series of new features; however, the developers have noticed an instability with a "huge" greater rewrite of miners, which should be resolved by the next update. By Monday, the developers are planning to release another release "to complete the operation" and finalize the issue of the mining release.
As for the fork of Constantinople, almost nothing has changed in the last two weeks, according to the meeting. The developers reported several bug fixes and new testnet changes, noting that the EIP-1211 will not be included in the next fixed fork.
Developers have also decided that it is better for the network to remain on schedule and release new forks over time rather than accelerating with the involvement of new EIPs or delaying those ready for deployment to the detriment of those still underway. development.
Speaking of the possibility of having a second rigid fork, if it is "It is really difficult to get the grouped changes for all EIPs for Constantinople," said one of the developers:
"If we delay the time, we would like to have more functions for this particular [Constantinople] hard fork and we should discuss whether it is good to have many changes in a fork, or it is better to have less changes in many hard forks. "
The developers also decided to release new hard forks every eight months after the fork of Constantinople. The proposal for a statement every six months was rejected as it would create too much pressure for the developer team.
A further discussion was devoted to the issue of adding a "difficulty bomb" and its impact on reducing and maintaining block premiums. According to the developers, EIP-858 would reduce blocking premiums to 1 ETH per block, EIP-1234 would reduce blocking premiums to 2 ETH, while EIP-1295 would hold premiums at 3 ETH but will influence other factors such as the -work demonstration ( PoW) incentive structure.
To determine which of the three possible scenarios is preferable, developers have called community members. Some participants stressed the environmental impact of ETH mining, while others insisted on reducing profitability or even excluding ASIC miners from the ETH network. In the end, the participants in the discussion could not reach common ground, so the developers decided to hold another meeting next week on August 31st.
At the time of the press, Ethereum is currently trading at around $ 281, down nearly 10% the week and 41 percent of the month.