RATE Group | Constantinople Ahead: What You Need to Know About Ethereum’s Big Upgrade
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Constantinople Ahead: What You Need to Know About Ethereum’s Big Upgrade

13 Sep Constantinople Ahead: What You Need to Know About Ethereum’s Big Upgrade

Posted at 13:05h in Ethereum News by

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Constantinople, ethereum’s next system-wide upgrade, is coming soon to a node near you.

Finalized August 31, Constantinople includes five different ethereum improvement proposals (EIPs). Once released on ethereum, the proposals will permanently alter the blockchain with a host of new backwards-incompatible upgrades.

This means that nodes — the network of computers that run ethereum software — must either update together with the whole system or continue running as a separate blockchain entity.

More formally known as a “hard fork,” system-wide upgrades have instigated a fair amount of drama in the past. Most notably, in the case that a portion of users don’t agree with the change, this may result in two different versions of the same blockchain running concurrently.

As dramatic as these things can get (having formerly resulted in a competing cryptocurrency named ethereum classic), most of the upgrades in Constantinople won’t be noticeable to average users. Indeed, described…

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