Altair Upgrade Set to Activate on Ethereum Mainnet This Month

Posted on by American Coins & Gold

Altair Upgrade Set to Activate on Ethereum Mainnet This Month
On Oct. 27, at epoch 74240, the Altair Beacon Chain upgrade is scheduled to activate on the Ethereum mainnet.According to the Ethereum blog, the upgrade represents a “low stakes warm-up” to prepare Beacon Chain developers and client teams for the coming Merge, when Ethereum will transition from a proof-of-work to proof-of-stake consensus mechanism.It will provide the Beacon Chain with “light client support, minor patches to incentives, per-validator inactivity leak accounting, an increase in slashing severity, and cleanups to validator rewards accounting for simplified state management.”Anyone operating a Beacon node or validator is required to update the client version to the…