The Ethereum network is set to hard fork on January 19th, 2019. The fork, called Constantinople, will implement several ethereum improvement protocols (EIPs) that will make the network more efficient and scalable.
The fork was originally scheduled for November 2018 but was postponed due to security concerns.
The hard fork will be a contentious one, as it includes a change to the way the network handles fees for smart contracts. This change, called EIP 1234, is opposed by a significant portion of the ethereum community.
NOTE: WARNING: Ethereum is rumored to be undergoing a hard fork in the near future. Before making any investments or decisions based on this information, please do your own research and consult with a financial advisor or other professional to understand the potential risks and rewards associated with a hard fork. Investing in cryptocurrencies involves significant risk, including loss of principal. Be sure to understand the implications of the hard fork before making any decisions.
The opposing group believes that the fee change will centralize power on the network and make it less accessible to smaller users and developers.
If the fork goes ahead as planned, it will be the fifth hard fork of the ethereum network. The last hard fork, which implemented the Byzantium update, was successfully completed in October 2017.
The Constantinople hard fork is an important step forward for the ethereum network. It will enable the network to scale more efficiently and provide users with more options for interacting with smart contracts.
However, the contentious nature of the fork means that it is likely to be accompanied by some degree of drama and disruption.
6 Related Question Answers Found
Ethereum Classic is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum Classic is a continuation of the original Ethereum blockchain – the classic version preserving untampered history; free from external interference and subjective tampering of transactions. Ethereum Classic is a public, open-source, blockchain-based distributed computing platform featuring smart contract (scripting) functionality.
GPU mining is the process of using a computer’s graphics processing unit (GPU) to mine cryptocurrency. Ethereum is one of the most popular cryptocurrencies to mine, and gaming PCs are often used because they have powerful GPUs. Mining Ethereum can be profitable, but it requires a significant investment in hardware and electricity.
As digital currencies continue to grow in popularity, more and more people are looking for ways to mine them. While there are many different digital currencies, one of the most popular is Ethereum. So, can a Macbook Pro mine Ethereum?
GPUs are used in cryptocurrency mining, and Ethereum is one of the most popular cryptocurrencies. Can the Gt710 GPU mine Ethereum? Let’s take a look.
Yes, a CPU can mine Ethereum. In fact, all you need in order to mine Ethereum is a GPU and an Ethereum mining program. However, there are a few things to keep in mind if you want to mine Ethereum with a CPU.
As of late, Ethereum has been on an absolute tear. The price of ETH has surged from around $100 at the start of 2017 to nearly $1,400 at the time of writing. That represents a gain of over 1,200% in less than a year!