Ethereum delays Glamsterdam test upgrade over possible smart contract security risks
Ethereum developers have postponed the Glamsterdam upgrade on a test network after finding possible security risks for existing smart contracts. The Ethereum Foundation said on Oct. 22 that the Oct. 26 upgrade on the Hoodi testnet would not go ahead as planned. For traders, this is another delay to a long-awaited Ethereum upgrade, and the outcome of the security review could affect ETH sentiment.
Why it matters
- Developers found potential security risks that could affect existing Ethereum smart contracts.
- The Oct. 26 test upgrade on the Hoodi testnet will not proceed as originally planned.
- Developers agreed to investigate a proposed change to Ethereum before moving forward.
What to watch next
Watch for the results of the security investigation and any new date for the Glamsterdam upgrade.
