Ethereum Constantinople To Launch In Jan. 2019, ETH Surges 10%

Ethereum Constantinople Blockchain Upgrade Nearing Activation

As reported by Ethereum World News in early-October, after developing Constantinople for months, the Ethereum core development team decided to take the blockchain upgrade to the network’s Ropsten testnet. At the time, the developers believed that if the test succeeded, Constantinople, a protocol that will decrease block rewards and divert ASICs,  would be uploaded to the mainnet by October’s end.

However, upon activation of the upgrade on Ropsten, it became apparent that something was amok, as the fork stalled at block 4,299,999 for two hours, indicating that Constantinople had trouble coming out of the starting gate. Even after the testnet resumed, zero transactions were initially shown in the post-hard fork blocks.

Eventually, Afri Schoedon, a developer at Parity, took to Twitter to give the crypto community a concise update on the situation, simply explaining that a consensus issue had unfortunately occurred,…

Read Full Story : Ethereum World News

2018-12-08 03:58:42

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