Ethereumย (ETH) client Go- Ethereumย (ETH) has officially released the Geth v1.12.0 version (Krogam DMZ). Theย mostย recent update will no longer support proof of work (POW), so it can no longer be used for PoW-based private chains or as a dependency on ethash PoW.
Ethereumย (ETH) has transitioned to proof-of-stake (PoS) but some related chains still use PoW consensus such as Ethereumย (ETH) Classic and EthereumPoW.
Go Ethereumย (ETH) Releases Major Update to End PoW Support
Ethereumโs execution layer client Go Ethereumย (ETH) in a tweet on May 25 revealed that it has released Geth v1.12.0 (Krogam DMZ) update, potentially a breaking change. Geth has decided to no longer support proof-of-work (PoW) chains. Furthermore, Geth now defaults to use Pebble as a backend if no existing database is found.
Geth v1.12.0 (Krogam DMZ) was just released. This is a potentially breaking change, since proof-of-work is no longer supported. #ethereum #golang
โ Go Ethereumย (ETH) (@go_ethereum) May 25, 2023
The new version adds block coverage to eth_call, enabling batch state test execution. Various bugs have likewise been fixed. The details on the improvements and bug fixes can be found in the released notes.
Recently, consensus layer client Nimbusย released aย v23.5.1 update for validator clients and node operators on May 21. The update intendsย to makeย better compatibility with third party validator clients and beacon nodes. Furthermore, it introduces support for incremental pruning.
These latest updates by clients will makeย better the networkโs overall performance. Followingย the Ethereumย (ETH) network suffered finality issues on May 11 and 12, Ethereumย (ETH) clients released critical updatesย to prevent theย Beacon Chainย nodes from high resource usage during turbulent times.
Ethereumย (ETH) Price Stabilizes Near $1800
Ethereumย (ETH) price stability near $1800 regardlessย of market uncertainty signifies low volatility, which is preferred by institutional investors. Ethereumย (ETH) isย veryย likely outperform Bitcoinย (BTC) in the future.
Ethereumย (ETH) price jumped 1 percent in theย previousย day, with the price asย ofย now currentlyย worth $1,795. The 24-hour low and high are $1,763 and $1,808, respectively.
