Photo by Arnaud Jaegers on Unsplash

9,069,000 is the Magic Number!

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Something special happened yesterday (Sunday), and it may be a part of the next generation of the Internet. It happened with the Istanbul hard fork of Ethereum [here]:

It is the 8th fork in a series of updates, and builds towards Ethereum 2.0. These updates are defined as Ethereum Improvement Protocols (EIP) and named: 152, 1108, 1344, 1844, 2028 and 2200). This new version will move Ethereum away from proof of work (PoW) — paying miners gas for their work — to a proof-of-stake (PoS). This PoS approach will be allow a trusted consensus network to be created, and not one which is based on miners being paid for work. The next update — dubbed Berlin — is expected to be rolled out at the end of June 2020.

EIP 1344 guards against DDoS, and almost caused a major glitch when it was found that may Parity Ethereum systems had not been updated the day before the update:

This discovered that over 50% of the Parity Ethereum clients— which has around 23% of the clients on the whole network — and Geth clients had not…

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Prof Bill Buchanan OBE FRSE
ASecuritySite: When Bob Met Alice

Professor of Cryptography. Serial innovator. Believer in fairness, justice & freedom. Based in Edinburgh. Old World Breaker. New World Creator. Building trust.