Bullish
Ontology Mainnet Upgrade to v3.1.2 on Aug 21 Adds Four EVM Features
14:50
Ontology schedules mainnet upgrade to v3.1.2 for Aug 21, integrating PUSH0, BASEFEE, MCOPY, and transient storage to optimize EVM efficiency and reduce smart contract costs.
Woofun AI reports that Ontology has scheduled a mainnet upgrade to version 3.1.2, effective at block height 20,800,000, expected at 12:00 a.m. UTC on Aug. 21. The update integrates four Ethereum Virtual Machine features: PUSH0, BASEFEE, MCOPY, and transient storage, derived from the Shanghai and Cancun upgrades to optimize contract execution. Node operators must update software to v3.1.2 before the target block height to maintain synchronization; failure to do so may disrupt block validation and transaction processing.
WOOFUN AI
Impact Assessment · Quick Read
Integrating these specific opcodes aligns Ontology’s EVM with recent Ethereum standards, reducing friction for developers porting existing code. This technical alignment may lower deployment costs and enhance compatibility with Ethereum tooling, potentially increasing the network's attractiveness for cross-chain applications. The strict update requirement for node operators introduces a coordination risk, though successful implementation could strengthen Ontology's position in the AI data infrastructure sector.
Generated by WOOFUN AI · For reference only, not investment advice
Comments
No comments yet.