Tagconstantinople

Ethereum Hard Fork Rescheduled: Here's When Constantinople Will Finally Launch

ethereum hard fork constantinople

As CCN previously reported, the aborted Constantinople network upgrade has created several problems for Ethereum. One of these problems is a significant group of miners continuing to mine as if the hard fork had actually taken place. Another problem is how to proceed with the upgrade intended to produce lower transaction fees, among other improvements. After a developer meeting Friday, Ethereum...

Ethereum Postponed its Hard Fork, But Some Miners Didn't Listen

ethereum hard fork constantinople

On January 15, Ethereum's developers put out a security alert that they were postponing the scheduled Constantinople upgrade. Not everyone made the appropriate changes, however, and there is a currently a parallel universe of Ethereum mining. A “chain split” has occurred, and some miners are mining the unofficial Constantinople chain without consensus from the majority of the network. Update to...

Breaking: Ethereum Developers Postpone Constantinople Hard Fork, Price Plunges

ethereum hard fork constantinople

The core developers of Ethereum have called for a delay to the activation of Constantinople, just hours before the long-awaited hard fork was scheduled to go live on the third-largest cryptocurrency's network. Ethereum Hard Fork Delayed In a statement, the Ethereum Core Developers and Ethereum Security Community said that they decided to postpone the hard fork after security researchers...

Dow Dips, Bitcoin Clings to Gains as Tuesday Promises Volatility

The Dow Jones Industrial Average enters Tuesday seeking to snap a streak of two consecutive losing sessions, but the specters of the Brexit vote and earnings season threaten to derail the index’s mid-week recovery. The cryptocurrency market, meanwhile, continues to flash green, as bitcoin and other large-cap assets cling to Monday’s recovery while bracing for Constantinople, Ethereum’s upcoming...

Ethereum Extends Impressive Run, up 35% in 1 Week: Factors and Trends

ethereum price

In the past week, Ethereum, the second most valuable cryptocurrency in the global market, has experienced a strong upward movement, recording an additional three percent increase in value on the day. Within seven days, the Ethereum price has increased from $117 to $159, by over 35 percent against the U.S. dollar, making it one of the best performing crypto assets throughout the past two months...

How Did Ethereum Take Over Ripple With 80% Gain in One Month?

ethereum eth crypto

Over the past 30 days, the Ethereum price has risen from $83 to $150, by 80 percent against the U.S. dollar in a strong corrective rally. On January 2, following a seven percent increase in its price, Ethereum (ETH) surpassed Ripple (XRP) to reclaim its throne as the second most valuable cryptocurrency in the global market. How Did Ethereum Rise by 80% in 30 Days? Two main factors have likely...

Ethereum Developers Strike Deal to Delay Difficulty Bomb, Reduce Block Reward by 33%

ethereum difficulty bomb

A proposal that is expected to change how much ether enters the cryptocurrency economy was finalized on Friday, Aug. 31, as developers agreed to include the code for such a change into Ethereum's next hard fork, Constantinople. Constantinople is designed to increase efficiency and lower transaction fees on the blockchain. It's a protocol upgrade that seeks to smooth the transition from a Proof-of...

Byzantium Hard Fork Activates on Ethereum Network

Ethereum’s Byzantium hard fork went into effect Monday morning, initiating the first phase of the platform’s latest protocol upgrade. The Byzantium fork is considered to be the first half of Metropolis, a protocol upgrade that has been planned since 2015. It introduces nine ethereum improvement protocols (EIPs) designed to enhance the network’s privacy, scalability, and security. The second phase...

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