Ethereum developers are currently examining potential risks linked to eight smart contract invariants connected with the Glamsterdam EIP-8037 and EIP-8038 updates.
Ethereum core contributors have postponed rolling out the Glamsterdam upgrade on the Hoodi testnet until security concerns associated with these eight smart contract invariants are fully addressed.
The Ethereum Foundation explained in a Friday blog post that certain current Ethereum applications depend on the premise that specific operations carry a exact gas cost, an assumption that would be disrupted by Glamsterdam’s EIP-8037 and EIP-8038 because they alter how transaction fees are billed for particular actions.
This choice followed an October 13 report by blockchain security firm ChainSecurity, which revealed that both Ethereum Improvement Proposals might break smart contracts relying on fixed gas assumptions when external function calls fail.
Postponing the Hoodi testnet fork grants creators extra time to spot potential smart contract flaws and ascertain whether modifications are required before Glamsterdam advances toward mainnet release. The Hoodi hard fork will not take place until these matters are resolved, the Ethereum Foundation stated in its update.
Ethereum’s Glamsterdam upgrade went live on the Sepolia testnet on October 6, serving as one of its final major test runs. The upgrade seeks to progress Ethereum’s layer-1 scalability agenda via enshrined proposer-builder separation, block-level access lists, and adjustments to gas pricing that more accurately reflect execution expenses, as detailed by the Ethereum Foundation in a September 28 blog post.
Originally published at https://cointelegraph.com/news/ethereum-devs-fork-glamsterdam-hoodi-smart-contract-risks?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound.
