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Ethereum Constantinople Upgrade To Launch In Jan. 2019

In early October, Ethereum core development team introduced the Constantinople blockchain upgrade on the network’s Ropsten testnet. It was hoped that this upgrade will decrease block rewards and divert ASICs,  would be uploaded to the mainnet by October’s end. However, due to ‘Consensus Issue’ in testing, the upgrade was halted.

 

The  Constantinople hard fork will comprise of five separate Ethereum Improvement Proposals (EIPs) that are aimed to soften the transition from proof-of-work (PoW) into a more energy efficient proof-of-stake (PoS) consensus algorithm. The upgrade will supposedly change the Ethereum blockchain fundamentally along with the synchronous nodes update to the entire system.

Read more: Top Ethereum Price Predictions For 2019 By Crypto Experts

 

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