My previous article highlighted a new initialization process used by EIP-2535: Diamonds as “A better way to initialize smart contracts.” This article will cover upgradeable smart contracts in more detail to defend my claim and provide insights. After reviewing upgradeability more generally, the following focus points will be discussed: OpenZeppelin…

EIP-2535 Diamonds — Overview Smart contract code is immutable, which means that the code cannot be changed after deployment. This presents challenges when developing on the blockchain because it prevents the ability to perform maintenance or updates. Smart contracts also face a 24KB contract size limit, introducing scalability dilemmas. …

What are EIP2535 Diamonds? EIP2535 Diamonds a.k.a The Diamond Standard proposed by Nick Mudge is a new Upgradeable Proxy Pattern that aims to solve two pressing problems for solidity smart contracts; Modularity: This is the ability of a system to be functional even in smaller divisions. Most Traditional Smart contracts…

Why Gotchivault is upgrading to the Diamond standard The Diamond Standard. Anyone involved in the Aavegotchi ecosystem knows vaguely that the Diamond Standard is awesome, that Nick Mudge (the brains behind the standard) is a gigabrain, and that it allows the Aavegotchi contracts to be incredibly complex, flexible, gas-efficient, yet…

Diamonds Are a Girl’s Best Friend! In this article we’ll figure out why is it so, but the focus will be solely in the context of the Solidity development on the Ethereum network, a.k.a. EIP-2535: Diamonds, Multi-Facet Proxy. So what is a Diamond? To the outside world (like user interfaces, other smart contracts etc.) a…

Note: A proxy contract is a contract that delegates its function calls to another contract called a delegate contract or logic contract or facet. A diamond is a contract that can delegate function calls to different contracts called facets. Diamonds are specified by the diamond standard. …

DerivaDEX is the first major project to implement the Diamond Standard, authored by Nick Mudge. We are extremely excited to have Nick as a smart contract advisor to DerivaDEX. The Diamond Standard is a pattern for upgradeability that overcomes existing limitations around storage and contract size, as well as provides…