Cryptocurrency

19/01/19 11:00 UTC-4

Ethereum: the abolition of the hard-fork

Ethereum: the abolition of hard-fork
Ethereum: the abolition of hard-fork

The developers of Ethereum have published a message stating that they are postponing the planned update "Constantinople". However, not all made the appropriate changes and now there is a parallel network of Ethereum miningMining
– is a type of activity for creating new blocks in the Blockchain to ensure proper system operation. Details
.

The delay came after a potential threat was detected in one of the new updates. The statement for the abolition of the forkFork
– is the intentional use of one code base of a software project to start another. That is, changing the blockchain code to split it into two.Details
states: "We are exploring any potential system vulnerability and will be watching for updates on this blog and on social networks."

Because of precaution, key stakeholders from the Ethereum community have determined that the best way to proceed would be to postpone the planned update to Constantinople.

People need to install a new version to avoid breaking the consensus. But the problem is that not all miners received a security message.

With a large decentralization, it is impossible to bring the network update to everyone in a timely manner. Looking at the tables of indicators, you will see that several different versions are currently active in the network. A smaller part of the mining units is currently producing the Constantinople fork, while not receiving Ethereum at all.

Editor: Pereyidenko Ihor

See also: "In California, Texas and Washington you can buy Bitcoin in the supermarket"

#hardfork #Ethereum #ETC

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