Ethereum Glamsterdam Upgrade Sparks Smart Contract Alarm
By Damilola Esebame
AI summary of the source article
Ethereum developers delayed the Glamsterdam upgrade on the Hoodi testnet after auditing firm ChainSecurity warned that proposed gas-accounting changes could break existing smart contracts. Two competing proposals were submitted on 8 November to protect older contracts, but neither has been approved.
Why it matters
The gas repricing is designed to let Ethereum support roughly three times its current base throughput by aligning costs with actual computational work.
Key facts
- The Hoodi testnet upgrade was delayed after ChainSecurity warned gas changes could break existing contracts, with eight broken invariants catalogued by the Ethereum Foundation.
- EIP-8037 raises the base smart contract creation gas charge from 32,000 to 183,600, with an analysis estimating roughly 200,000 contracts could be affected.
- Developers Leo Glisic and Giulio Rebuffo submitted competing draft fixes on 8 November to protect legacy contracts, but neither has been approved.
Source excerpt · FinanceFeeds
Ethereum developers have delayed the Glamsterdam upgrade on the Hoodi testnet after auditing firm ChainSecurity warned that proposed gas-accounting changes could break assumptions in existing smart contracts ; the Ethereum Foundation has since catalogued eight such invariants. Two developers submitted competing proposals on 8 November to protect older contracts, but neither has been approved for i…