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Lido Prepares Hoodi Testnet Rollback After Ethereum Delays Glamsterdam Upgrade

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Lido Prepares Hoodi Testnet Rollback After Ethereum Delays Glamsterdam Upgrade
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Lido Gets Ready To Roll Back Hoodi Changes

Lido Finance, one of the principal decentralized liquid staking protocols on Ethereum, is making a vote to roll back fork-specific contract changes on the Hoodi testnet following the postponement of Ethereum’s scheduled Glamsterdam upgrade. The move is proposed to keep the test environment operating smoothly while developers reconsider the upgrade timeline and its technical implications.

In an October 23 post on X, Lido elucidated that the delay would not affect its mainnet protocol. The platform also reassured holders of stETH and wstETH that they did not need to take any action in response to the postponement. This difference is important because the proposed rollback concerns the testnet rather than the live protocol used by existing holders.

Why Ethereum Hit Pause On Glamsterdam

The delay followed discussions during the All Core Developers Execution meeting #248. During the meeting, Ethereum developers agreed to examine how EIP-8037 and EIP-8038 could interact with existing mainnet contracts. The review is envisioned to help developers understand potential compatibility issues before continuing with the upgrade.

Lido had already upgraded its Hoodi contracts ahead of the previously scheduled October 26 activation. However, the postponement means those fork-specific changes need to be re-examined while the Ethereum development community works towards a revised implementation schedule.

Rollback Prep Begins While The Timeline Stays Open

Contributors are now preparing the rollback process, which would inverse the relevant testnet changes and help maintain a functional testing environment during the delay. Testnets allow developers to assess protocol changes and identify possible issues before introducing upgrades to a live blockchain.

The revised timeline for Glamsterdam has not been confirmed in the supplied report. For Lido users, the immediate message remains that the delay does not require action from stETH or wstETH holders. Meanwhile, developers can continue reviewing the technical implications of the proposed changes before establishing the next steps for Ethereum’s upgrade.

Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV

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