It was revealed that the implementation was completed with the update of Ethereum ( Constantinople) with 7.28 million blocks as of February 28 19:55 (UTC) .
Success, the Constantinople ‘network upgrade’ has been completed! # Basset_crypto # work # soft_fork # hard_fork
– Abdelbasset Benali (@ benali A 94) February 28, 2019
Constantinople is the third of the major upgrade plan of the company, initially planned to be implemented in January 2019, but was postponed to improve security vulnerability.
Ethereum (Ethicalam) update plan “Constantinople” will be carried out on February 28! – CRYPTO TIMES
In this upgrade, upgrading “St. Petersburg” is also done at the same time as Constantinople.
These two upgrades will result in various changes to the system of Ethernet, such as reducing the verification costs of smart contracts and adding bitwise conversion functions.
Among them, the biggest change is that the reward for mining is reduced from 3 ETH to 2 ETH per block . By gradually lowering the mining fee, the company plans to eventually dispel the necessity of mining.
Although this upgrade involves a hard fork, there is no issue of a new token, and it seems there is no need to do special operation.
According to the data of Coinmarketcap, $ ETH has been raised about 3% over the previous day by receiving Constantinople’s implementation, and it is trading around 15, 300 yen at the time of article writing.
Article Source: Coinmarketcap
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Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/constantinople-has-successfully-launched/
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