Here’s When Ethereum’s Constantinople Hard Fork Will Happen

Here’s When Ethereum’s Constantinople Hard Fork Will Happen

Constantinople hard fork will occur in the middle of January, a new agreement between Ethereum developers implies. Earlier it became known that the fork would be delayed until the end of January because of a «consensus issue». The latter took place when the improve was tried on Ropsten testnet a few weeks ago.

Waiting More for Long-Awaited Constantinople

According to the novel deal between Ethereum devs reached on December 7 during a meeting, the hard fork will take place at block 7,080,000. Based on the info from Ethereum DLT explorer Etherscan, Cointelegraph has estimated that the Constantinople upgrade will occur around January 14 next year (the fork would take place in 38 days since the news reported).

What Will the Fork Be Like?

The anticipated Constantinople update includes five distinct Ethereum Improvement Proposals (EIPs). This way, the fork will make the conversion from PoW to PoS consensus algorithm easier. The latter, by the way, is also more energy-efficient.

Upon the activation, the hard fork is expected to radically alter the Ethereum DLT. Meantime, the whole system will be modernized with the synchronous nodes.

Earlier, fintech CEO Jeremy Allaire said that Ethereum can make blockchain as popular as the Internet is right now. Here’s also the basic information that you need to know about Ethereum.