The crypto community eagerly awaits a new product as Uniswap Foundation tentatively hints at a timeline for the debut of the Uniswap version 4 protocol. This launch is supported by two pivotal milestones: the implementation of Ethereum’s Cancun upgrade and the subsequent completion of a security audit.
A Waiting Game: Uniswap v4 And Ethereum’s Cancun Upgrade
Erin Koen, who holds the reins as the Governance Lead at the Uniswap Foundation, shared insights on the awaited rollout of Uniswap’s v4 protocol. According to Koen, the definitive timeline for the v4 launch is targeted for later in the year, but this projection is not without contingencies.
One milestone that stands as a prerequisite to the v4 launch is the completion of the much-anticipated Cancun upgrade of the Ethereum platform, currently earmarked to conclude by the end of September.
Following the Cancun upgrade, a security audit remains a stage in the process. This stage isn’t a minor formality but an evaluation that ensures the new protocol is secure. Such an audit, Koen explained, can span up to four months.
The foundation is committed, Koen added, to taking the necessary time for this audit to uphold the security and integrity of the Uniswap ecosystem, emphasizing that user safety remains a top priority. Therefore, while the v4 launch is on the horizon, these significant milestones must first be met.
Uniswap v4, with its draft code made public on June 13, signifies a paradigm shift towards a modular exchange structure. Central to this transition are “hooks,” smart contracts that allow customizations in Uniswap’s liquidity pools, such as fees, on-chain limit or
Go to Source to See Full Article
Author: Samuel Edyme
Tip BTC Newswire with Cryptocurrency
Donate Bitcoin to BTC Newswire
Donate Bitcoin Cash to BTC Newswire
Donate Ethereum to BTC Newswire
Donate Litecoin to BTC Newswire
Donate Monero to BTC Newswire
Donate ZCash to BTC Newswire
