RATE Group | Ethereum Constantipole hard fork set for January 2019:  ETH/USD stalls below $100
52249
wp-singular,post-template-default,single,single-post,postid-52249,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Constantipole hard fork set for January 2019:  ETH/USD stalls below $100

10 Dec Ethereum Constantipole hard fork set for January 2019:  ETH/USD stalls below $100

Posted at 15:04h in Ethereum News by

[ad_1]

  • Ethereum hard fork upgrade to reduce block reward from 3 Ether to 2 Ether.
  • ETH/USD rebound hits a snag at $100; drops to $90.00.

The Ethereum development team has been working tirelessly to see the network get its next upgrade. The developers have come to an agreement that the Constantinopleupgrade, which will be in form of a hard fork will take place at block 7,080,000. At the time of writing, the network is at block 6.87 million. This place the hard fork around the third week of January 2019.

The upgrade had been scheduled to take place in October this year. However, it was called off following the failure to deploy on the network’s testnet. One of the developers, Afri Sgchoedon later told the community not to expect an upgrade in 2018.

The Constantinopleupgrade is expected to bring down the miners’ per reward from 3 ETH to 2 ETH. This is likely to cause jitters in the community especially for the miners and the investors. The issue of lowering the reward dies not seat well…

[ad_2]

Source link