Ethereum’s important upgrade postponed to late February

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Ethereum, one of the world’s largest cryptocurrencies and decentralized app platforms, was supposed to get an upgrade called Constantinople on January 16. 

Alas, due to a security issue discovered just one day before the scheduled upgrade, Constantinople was delayed, and now we have a new date: February 27. 

This is according to Ethereum developer Péter Szilágyi, who tweeted about the change late Friday. 

Seems we’re going with block 7.28M for the #Ethereum Constantinople refork scheduled for the 27th of February! Will be a single fork on mainnet and a post-Constantinople-fixup fork on the testnets to get them back in line feature wise with the main network.

— Péter Szilágyi (@peter_szilagyi) January 18, 2019 Read more…

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Ethereum is about to get a big upgrade. Here’s what you need to know.

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Ethereum, the third-largest cryptocurrency by market cap and the most popular platform for decentralized applications (dApps), is getting an upgrade on (roughly) Jan. 16. 

The upgrade is called Constantinople and it makes the Ethereum network a bit more efficient, paving the way for bigger changes further ahead. It also brings some important changes for miners on the network. 

Here’s an overview of what, exactly, is happening, and the steps owners of ether should undertake ahead of the fork. 

The answer to the second question is really easy: There’s no need to do anything. The upcoming upgrade, while technically a fork, will very likely be non-contentious, meaning there’s no disagreement on whether it should happen. This means Ethereum won’t split into two separate coins next Wednesday. If everything goes well — and chances are good that it will — your ether holdings will be exactly the same before and after the fork, regardless of whether your ether is located on a private wallet or an exchange.  Read more…

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