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What changes will occur after ETH forks in October (will ETH forks rise)

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ethWhat’s the change after the October bifurcation Danny Ryan, a researcher of the Ethereum Foundation, said on Twitter that what’s the change after the October bifurcation The following is the specific content: In the last hard fork before the merger, we used EIP-1559 as part of the consensus protocol. This mechanism will minimize all ETH transaction costs; 2. Reduce the demand for transaction fees (i.e. block rewards) by introducing new features; 3. Due to the need for new EVM chains and network validators to obtain a large number of transaction requests from existing clients, these operations will be fewer; 4. In the first soft fork upgrade process after the merger, EIP-2718 was introduced (to increase the gas consumption of the beacon chain)

Will ETH bifurcation rise

According to ETHNEWS, there is news today that Ethereum.org will undergo a hard bifurcation. ETH experienced a hard bifurcation at block height of 9882000 (i.e. October 21, Beijing time). According to the introduction of the Ethereum official forum, this event is related to the eth2 upgrade. We hope to see a mutually substitutive relationship between eth1 and eth2.

As previously reported, EIP-1559 will be launched at the end of August, which means that the eth2 main network will be launched within two weeks. New features include: adding support for existing blockchain; Introduce new consensus algorithms for the network; Allow verifiers to participate in the pledge and earn fees, etc.

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