Ethereum's Geth 1.7 software update

Ethereum's Geth node software including support for the "Byzantium" upgrade has been released
16 September 2017   1874

A new version of Ethereum's Geth node software has been released. In addition to a series of performance enhancements, the update includes support for "Byzantium".

According to the developers, the update, named Megara, is the first incarnation focusing on laying the groundwork for the upcoming Metropolis hard forks (Byzantium and Constantinople), consisting of 125+ code contributions for various parts of the project.

Byzantium fork

As reported, the release has been reformatted to include all improvements developed for Byzantium, which forms the first of two parts in the wider "Metropolis" update. Megara also includes a formal block number for the launch of Byzantium on Ropsten, the Ethereum testnet. The block number is now officially 1,700,000, which seems to be reached in about seven days.

Performance optimizations

The 1.7 release series of Geth is also aimed to focus primarily on performance improvements. Among the performance enhancements are steps to cut the amount of data storage required by a node from 26.3GB to 14.9GB – making ethereum significantly lighter to run. Updated nodes will also be able to process contracts faster, with filtering times reduced from minutes to under a second.

Trezor wallets

The team has introduced support for the Ledger hardware wallet. Due to popular demand, it has been expanded on hardware wallet support to include the Trezor. The Geth console can be used to unlock the Trezor, which will request the user to enter the shuffled PIN code and send that over to the Trezor for verification.

Transaction journal

According to the team, Geth 1.7.0 journals all locally created transactions to disk and loads them back up on a node restart. This ensures that even if the originating node goes offline, cheap transactions still have a chance to be included when the node comes back. The transaction journal can be an enormous help for node operators during software upgrades by not having to worry about local transactions going missing. Furthermore, the journal also acts as a resiliency mechanism against node crashes, ensuring that no transaction data is lost, as the company details.

Rinkeby updates

As reported, there have been a lot of fine-tuning of Puppeth and Rinkeby over the course of this release, such as better ethstats logging to detect malicious reporters and IP address blacklisting to deny access for them.

Vinnik Extradtion to France to be Supported by SCoG

Alexander is holding the hunger strike for 24 days and lost around 9 kilos
19 December 2018   22

Following the trial court of the city of Thessaloniki, the Greek Areopagus decided to extradite Alexander Vinnik, suspected of laundering $ 4 billion through the BTC-e cryptocurrency exchange, to France. Thus, the appeal of Russian lawyers was rejected, reports TASS referring to the chairman of the court Angelique Aliferopoul.

After the announcement of the verdict, Alexander Vinnik declared that he would continue the hunger strike against the arbitrary rule of the Greek authorities, which began in mid-November.

I have been starving for 24 days. Yesterday I was weighed; according to the documents, I lost 8 kg. But they did not immediately begin to weigh me, only on the third day. So I lost 9 kg. If I'll be extradited to Moscow, I will stop starving.

Alexander Vinnik


Alexander Vinnik was detained in Greece at the request of the American authorities on July 25, 2017. In June 2018, Vinnik was arrested in absentia in Russia on charges of cyber fraud on a large scale.

At the moment, there have been several court decisions on the extradition of Vinnik - at the request of the United States, at the request of France and two decisions at the request of Russia. The final decision on the case will take the Minister of Justice of Greece.