RATE Group | ETH Price near $100 USD Looks Grim but Ethereum Blockchain Developers Plan for Accelerat…
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ETH Price near $100 USD Looks Grim but Ethereum Blockchain Developers Plan for Accelerat…

26 Nov ETH Price near $100 USD Looks Grim but Ethereum Blockchain Developers Plan for Accelerat…

Posted at 00:03h in Ethereum News by

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Ethereum Devs Are Planning An Accelerated Tech Roadmap

Ethereum Devs Are Planning An Accelerated Tech Roadmap

We all know that the Ethereum blockchain will be upgraded soon with the Constantinople hard fork, which will be a major upgrade for the ETH system. However, some Ethereum developers are also quiltly discussing a previously undisclosed upgrade that could also affect the whole network and that will be considerably aggressive in the short term.

This new upgrade will be called Ethereum 1x and it was first showed to the world during the Devcon4 conference, which happened in October. Private meetings were made at the time and unveiled this new technology which can be released in June 2019 if all the plans of the involved people are actually satisfied.

Today, November 24, Greg Colvin, which is an engineer of the Ethereum Virtual Machine, has released an internal document that explains what the project is and the whole Ethereum community is now interested in these developments that were undisclosed up until now.

While the proposal…

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