Rival Ethereum Developers File Emergency Proposals Protecting Funds From Upgrade Risks

TL;DR Ethereum Upgrade: Two developers submitted competing proposals aimed at preventing existing smart contracts from breaking if Glamsterdam introduces major gas cost increases for contract creation and stored data operations. Ethereum Risk: Researchers warned that hundreds of thousands of contracts could be affected because many applications were built assuming gas costs would remain unchanged, and some cannot be updated after deployment. Ethereum Proposals: One draft keeps older contracts on the current gas schedule, while the other applies new pricing for transaction fees but allows contracts to execute under the previous rules. Ethereum is approaching its next major software upgrade , but concerns over compatibility risks have prompted two developers to propose emergency solutions designed to protect funds already locked in live applications.

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