• Latest
Ethereum Sets Tentative January Goal for Next Blockchain Upgrade

Ethereum Sets Tentative January Goal for Next Blockchain Upgrade

November 9, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Ethereum

Ethereum Sets Tentative January Goal for Next Blockchain Upgrade

coinnewsdaily by coinnewsdaily
November 9, 2018
in Ethereum
0
Ethereum Sets Tentative January Goal for Next Blockchain Upgrade
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Related articles

5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022

Developers are eyeing January 16th as the date on which Constantinople, ethereum’s upcoming network hard fork, could launch.

The upgrade for the world’s second-largest blockchain was originally targeted for November, bringing with it a host of design changes aimed at streamlining the platform’s code in a bid to boost performance. Yet the November launch window was ultimately due to unanticipated problems with the test release, necessitating a longer development period.

While the Jan. 16 date was reached by way of a non-binding verbal agreement, it’s not fixed or final. Indeed, developers on Friday’s bi-weekly call said that Constantinople could be postponed further should additional problems arise.

“We can just say mid-January, it doesn’t make difference if we decide on a date or not. We can always postpone,” core developer Péter Szilágyi remarked.

Also during the call, developer Lane Rettig shared research regarding ethereum’s so-called “difficulty bomb.” The difficulty bomb is an algorithm embedded within ethereum’s code that makes blocks steadily harder to mine, and was put in place to act as an incentive for encouraging regular updates to the network.

According to Rettig, the difficulty bomb will be noticeable from January, leading to 30-second block times by April or May of next year.

“So we have time, there’s no critical concern,” Rettig said.

Constantinople delays the difficulty bomb for a further 18 months, while also decreasing the ethereum mining reward from 3 ETH to 2 ETH per block. Additionally, the upgrade features various optimizations to the underlying ethereum code.

Whether ProgPoW – a change that would standardize ethereum mining to general-purpose hardware only, blocking specialized ASIC miners – will be considered for inclusion Constantinople was not discussed during the call. However, developers reported issues regarding its implementation, stating that the formal specification of the code is incomplete.

On that subject specifically, Szilágyi urged that Constantinople software upgrades that will implement the hard fork should be released before the end of the year.

“All clients should release a stable version with the baked in block number before Christmas,” Szilágyi said.

Darts board image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

 

Tags: Ethereum
Share76Tweet48
Previous Post

Bitcoin Cash Declares War: Why Coming Hard Fork Could Mean Another Split

Next Post

XRP Coin Owners can collateralize their XRP and receive USD loans from Binance-Backed Cred

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
things you should know before investing in nfts
Alt Coin

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum
Alt Coin

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
btc and eth will break all time highs in 2022 — celsius ceo
Bitcoin

BTC and ETH will break all-time highs in 2022 — Celsius CEO

April 21, 2022
Load More
Next Post
XRP Coin Owners can collateralize their XRP and receive USD loans from Binance-Backed Cred

XRP Coin Owners can collateralize their XRP and receive USD loans from Binance-Backed Cred

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$30,392.001.80%
  • ethereumEthereum(ETH)$2,069.173.16%
  • tetherTether(USDT)$1.00-0.06%
  • binancecoinBNB(BNB)$332.684.76%
  • rippleXRP(XRP)$0.4253232.23%
  • cardanoCardano(ADA)$0.552.35%
  • SolanaSolana(SOL)$53.693.57%
  • polkadotPolkadot(DOT)$10.584.64%
  • dogecoinDogecoin(DOGE)$0.0875382.51%
  • tronTRON(TRX)$0.0761680.14%
  • Shiba InuShiba Inu(SHIB)$0.0000124.41%
  • daiDai(DAI)$1.00-0.26%
  • litecoinLitecoin(LTC)$73.573.03%
  • CronosCronos(CRO)$0.1986453.40%
  • matic-networkPolygon(MATIC)$0.704.91%
  • leo-tokenLEO Token(LEO)$4.90-0.04%
  • FTX TokenFTX Token(FTT)$30.891.75%
  • bitcoin-cashBitcoin Cash(BCH)$203.142.36%
  • chainlinkChainlink(LINK)$7.584.14%
  • moneroMonero(XMR)$194.568.61%
  • cosmosCosmos Hub(ATOM)$12.057.03%
  • stellarStellar(XLM)$0.1363701.06%
  • OKBOKB(OKB)$13.005.52%
  • ethereum-classicEthereum Classic(ETC)$23.3312.55%
  • algorandAlgorand(ALGO)$0.4456081.92%
  • vechainVeChain(VET)$0.0338706.94%
  • ElrondElrond(EGLD)$92.671.19%
  • Internet ComputerInternet Computer(ICP)$8.656.40%
  • tezosTezos(XTZ)$2.023.83%
  • filecoinFilecoin(FIL)$9.1610.16%
  • AaveAave(AAVE)$105.3114.44%
  • eosEOS(EOS)$1.404.17%
  • zcashZcash(ZEC)$108.953.14%
  • theta-tokenTheta Network(THETA)$1.354.73%
  • makerMaker(MKR)$1,429.261.48%
  • huobi-tokenHuobi Token(HT)$7.010.36%
  • bitcoin-cash-svBitcoin SV(BSV)$53.346.06%
  • iotaIOTA(MIOTA)$0.3584474.85%
  • paxos-standardPax Dollar(USDP)$1.00-0.08%
  • PancakeSwapPancakeSwap(CAKE)$5.056.18%
  • neoNEO(NEO)$12.1914.40%
  • zilliqaZilliqa(ZIL)$0.056979-4.01%
  • KusamaKusama(KSM)$86.198.08%
  • dashDash(DASH)$63.817.94%
  • havvenSynthetix Network Token(SNX)$2.834.80%
  • wavesWaves(WAVES)$6.277.56%
  • basic-attention-tokenBasic Attention Token(BAT)$0.4176534.63%
  • nemNEM(XEM)$0.058030-2.00%
  • CompoundCompound(COMP)$73.734.84%
  • bitcoin-goldBitcoin Gold(BTG)$26.7140.11%
  • qtumQtum(QTUM)$4.419.58%
  • omisegoOMG Network(OMG)$2.747.44%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • yearn-financeyearn.finance(YFI)$9,722.683.13%
  • SushiSushi(SUSHI)$1.6817.80%
  • ethlendAave [OLD](LEND)$4.103.48%
  • golemGolem(GLM)$0.2753526.12%
  • ontologyOntology(ONT)$0.3033966.58%
  • umaUMA(UMA)$3.614.79%
  • digibyteDigiByte(DGB)$0.0132754.67%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....