RATE Group | Ethereum’s Hard Fork is Scheduled for Tomorrow
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Ethereum’s Hard Fork is Scheduled for Tomorrow

31 Dec Ethereum’s Hard Fork is Scheduled for Tomorrow

Posted at 18:53h in Ethereum News by

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Ethereum

2019 has been a bit of a rollercoaster ride for those in the crypto sphere, and one thing that is on the mind of many is the upcoming Ethereum fork in January. As everyone knows, a hard fork is one of the most crucial events in the lifetime of any cryptocurrency, and when it happens to be the world’s second-biggest cryptocurrency, then there is going to be a lot of anticipation.

Key Details

The reason behind choosing to do a hard fork on January 1 is a bit ignominious for the people behind the network.

The whole thing has its basis in the Istanbul fork, which took place a few weeks earlier. At the time, the team of developers who had been responsible for the whole operation had forgotten to close the difficulty creep. The hard fork is being done on January 1 since it is a well-known fact that New Year’s Day is a relatively quiet period when it comes to crypto trading activities. That being said, it should be noted that this is still a significant event for all those who are…

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