Ethereum core developer Tim Beiko proposes August 4 for the upcoming London update
Ethereum core developer Tim Beiko has suggested August 4 for the upcoming London update. This proposal envisions the transition to London to occur at block 12,965,000.
Anthony Sassano, co-founder of research platform EthHub, said the final decision on the date will be made at the core developers meeting on July 9.
The Ropsten, Goerli, and Rinkeby testnets rolled out the update over the past few weeks. The London update follows the Berlin update that went live in April.
London will delay Ethereum ‘s mining difficulty bomb – a move that will make mining the network significantly harder – and the move towards the network’s long-awaited Proof of stake consensus until December, as it’s not quite ready yet. Other EIPs based in London aim to simplify the pricing of transaction fees.