Metropolis? Batman or Ethereum?
People active in the world of Ethereum are quite excited about the technology powering this ecosystem. The developers are working on the next milestone release for Ethereum, which goes by the name of Metropolis. It is time we take a closer look at what Metropolis brings to the table and how it will shake up the Ethereum world as a whole.
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METROPOLIS IS THE NEXT ETHEREUM HARD FORK
Although Ethereum does not have the best of track records when it comes to hard forks, the developers are quite optimistic about Metropolis. This milestone has been on the development roadmap for quite some time now, yet the project has had to be pushed back due to The DAO hack. Metropolis will offer some significant improvements to the Ethereum ecosystem, which can only be seen as a good thing.
First of all, the Ethereum protocol will be simplified, allowing novice users to get a more hands-on approach with this technology. It will also become possible for recipients to pay the gas cost for transactions, rather than only the sender. Plus, anonymization will be improved slightly, thanks to this change in the gas payment structure.
Light clients are an integral part of any cryptocurrency ecosystem. Not all users want to run a full wallet, some prefer a solution that synchronizes with the blockchain immediately. Metropolis will make light clients more secure, or at least try to do so once the hard fork goes live. A more than welcome change that will be appreciated by many Ethereum enthusiasts.
Reference Credit: http://www.themerkel.com
