Peter Szilagyi (Leader of Ethereum Foundation team) showed a confirmation upon the network upgrading date for Istanbul. Several improvements will commence in Istanbul, including adjusted gas prices to perform operations, Zcash interoperability, and cheap solutions for 0-layer knowledge. How is Istanbul finding a place in such a vast scheme?
Istanbul: Improvements accepted
Ethereum Improvement proposals are the primary vehicle to the government upon which the community of Ethereum depends wholly to keep the network moving ahead. In the core segment of protocol, some suggestions are made for initiating changes, such as smart standards for contracts and application programming interfaces for clients.
Generally, time proposals are taken by the authors to target the hard folks specifically. A push is currently at a step to move ahead of the community towards an approach revolving around “EIP-centre” based on the system upgrade.
In Istanbul, the fork-center approach is still following wherein several proposals stand in different life cycle stages as pitched one and get review under the All Core Devs Calls. EIP is defined as the desired ones and ready to get accepted, not desired ones, or not prepared but desired ones by the developers. From the 38 presented EIPs, the inclusion stage took away only six from them. And another eight EIPs got approval for the forks of Berlin. Check out some accepted EIPs:
EIP-152: It involves bringing the verification ability for the Equitas POW (proof-of-work) algorithm in the contract of Ethereum. As a result, it enables Ethereum Blockchain and Zcash interoperability.
EIP-2200: It is useful in the “net gas metering” implementation. As a result, it can switch to the storage costing way calculation. It can also invite certain functions within the storage contract and eliminates any unnecessary costs.
EIP-2028: It reduces the data transaction calling cost. As a result, leading to improved network scalability and large blocks.
EIP-1884: It is among the most attention-paid proposal accepted so far. A lot of debate prevails around this EIP. As a result, it also leads to controversy in August 2020. Martin Holst (lead at Ethereum Foundation) introduced it and aimed to conduct a re-pricing over opcodes to balance the consumption of resources and expenditure on gas.It will result in affecting specific contracts revolving around some projects. Hubert Ritzdorf (a member of the ChainSecurity blockchain security firm) has taken out the most comprehensive agreements and put them together that might be affected.
EIP-1108: It aims at reducing the costs over pre-compiled gas. It also aims at resulting in a non-interactive generation with no proof of knowledge.