ETH news: Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on

ETH news: Ethereum’s next upgrade breaks the '21,000 gas' rule wallets rely on

Sending ETH to a brand-new address will cost more than sending to an existing one, and software built around a flat fee will get the sum wrong.

Ethereum Glamsterdam Hard Fork: Fixed 21,000-Gas Rule For ETH Transfers To End

BitcoinWorld Ethereum Glamsterdam Hard Fork: Fixed 21,000-Gas Rule for ETH Transfers to End The Ethereum Foundation has issued a warning to developers of wallet services, gas-fee calculators, and blockchain explorers ahead of the upcoming Glamsterdam hard fork. The long-standing rule that a simple ETH transfer always costs 21,000 gas will no longer universally apply, according to a report from CoinDesk. What Changes with the Glamsterdam Upgrade…

Ethereum’s Glamsterdam Upgrade Will Change the 21,000 Gas Rule for ETH Transfers

Ethereums long-standing assumption that a basic ETH transfer always requires 21,000 gas is set to change with the upcoming Glamsterdam upgrade, potentially affecting wallets, blockchain explorers and Ethereum fee estimation tools. The Ethereum Foundation has warned developers and infrastructure providers to update software that treats 21,000 gas as a fixed cost for sending Ether (ETH). Gas measures the computational work required to process tran…