Credible Crypto Says $3,000 Is Only a Start for Ethereum, Sets $10,000 Price Target for ETH
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As a recent report stated, the Ethereum (ETH) Geth client implementation version 1.19.13 has been released. The report mentioned that the new software is named Drossix Blue.

This was reported by the team lead at Ethereum Foundation, Péter Szilágyi, via his Twitter handle. According to the report, this new release raises the transaction limits to 128KB. It also has the capability to run HTTP and WebSocket on the same port.

“What a wonderful day for an Ethereum release! 😀 Geth v1.9.13 just out! It ships a new snapshot format (not enabled by default), raises transaction limits to 128KB, can run HTTP and WebSocket on the same port, can keep the DAG in RAM and mooore!” Péter Szilágyi shared.

Going by the Go-Ethereum GitHub repository, this is the first stable Ethereum (ETH) release based on the Go 1.14.x family. The innovation has the capability of increasing the block processing speed by relatively 10 percent.

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Moreover, the new version introduces notable changes to the logic of data processing in the Ethereum (ETH) network.

Another outstanding part of the release is the support for dynamic state snapshots, which allows saving computational memory and power. According to Péter Szilágyi, the newest release is the result of six months of hard work.

The Price Situation of Ethereum (ETH) in the Market

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is one of the best performers, among the top 10 digital currencies in the last 24 hours.

Bitcoin (BTC), the first and largest digital currency, is also back above $7,000, but Ethereum has so far led the race. At the time of filing this report, ETH is trading at $169.78, with an 8.48% price increase based on 24 hours estimation.

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.