Blockchain News : Ethereum Major Constantinople Upgrade Launch Date
The upcoming Constantinople hard fork encompassses five separate Ethereum Improvement Proposals (EIPs) in order to soften the transition from proof-of-work (PoW) to more energy efficient proof-of-stake (PoS) consensus algorithm.
Core developers of Ethereum have agreed on when to launch a highly anticipated hard fork. At a meeting on Friday, the developers scheduled the Constantinople upgrade to go live at block 7,080,000. According to data on the Ethereum blockchain explorer Etherscan, that block should roughly coincide with January 16, 2019.
The system-wide overhaul will implement fundamental changes to the Ethereum blockchain with backwards-incompatible upgrades.
Recently, Ethereum co-found Vitalik Buterin was granted an honorary doctorate from the Switzerland’s oldest university, the University of Basel, for “outstanding achievements in fields of cryptocurrencies, smart contracts, and the design of institutions.”
Core developers of Ethereum have agreed on when to launch a highly anticipated hard fork. At a meeting on Friday, the developers scheduled the Constantinople upgrade to go live at block 7,080,000. According to data on the Ethereum blockchain explorer Etherscan, that block should roughly coincide with January 16, 2019.
The system-wide overhaul will implement fundamental changes to the Ethereum blockchain with backwards-incompatible upgrades.
Recently, Ethereum co-found Vitalik Buterin was granted an honorary doctorate from the Switzerland’s oldest university, the University of Basel, for “outstanding achievements in fields of cryptocurrencies, smart contracts, and the design of institutions.”
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