The latest digital currency news show that a bunch of core developers at Ethereum (ETH) have finally decided to share a date for the Constantinople hard fork, which is now again delayed until late February.
It seems that this situation is raising a lot of eyebrows but at least we have a confirmation about it. As announced by a team lead at Ethereum named Peter Szilagyi in a tweet, the upgrade is now set to be implemented at ETH block 7,280,000.
This is not the first time Ethereum has delayed Constantinople. However, in the announcement, Szilagyi explains that the activation fork is expected to be mined on February 27th this year, implemented as “a single fork on mainnet and a post-Constantinople-fix up fork on the test nets to get them back in line feature wise with the main network.”
This new deadline comes in times when there is an unexpected delay over a recently discovered security vulnerability which allows a reentrancy attack, detected in Constantinople’s code by the smart contract audit firm ChainSecurity.
The vulnerability allows a potential attacker to steal cryptocurrency from a smart contract on the network – by repeatedly requesting funds from it while feeding it false data about the malicious actor’s actual ETH balance.
For those of you who don’t know, the upcoming Constantinople hard fork is an upgrade to the ETH network which encloses separate Ethereum Improvement Proposals (EIPs) in order to soften the transition from the current proof-of-work (PoW) to the more energy efficient proof-of-stake (PoS) consensus algorithm.
Ethereum Price Closer To $175: Is $182 The Next Milestone For ETH?
- The technical indicators are as following:
- Hourly MACD – The MACD for ETH/USD is pushing higher and gaining a bullish momentum, with a lot of positive signs.
- Hourly RSI – The RSI for ETH/USD surged above the 60 level and it is right now stabilizing near 75.
- Major Support Level is at $168
- Major Resistance Level is at $175
Ethereum And Ripple Added To Coincheck’s OTC Trading Desk
Bitcoin And Ethereum Revisit Their 2017-Like Peak Trading Volume Levels
Tron Has Fastest Growing DApp User Base, But Ethereum Is Still The Developers’ First Choice: Report
“The Ethereum-based games have already created a stable community with a group of loyal audience.”According to the numbers in it, the Q1 of 2019 showed that 504 DApps were added to the DApp.com list, of which more than half were Ethereum-based.
“It shows that Ethereum is still the No.1 choice for developers to build their dapp on. At the same time, we also have seen a trend in multi-chain developing, as many Ethereum dapps expand on multiple chains, such as Ethereum + EOS or Ethereum + Tron," the report sums up.The number of active DApp users on the Tron blockchain reportedly amounted to over 300,000 while on EOS it is around 260,000. The report also showed that by the end of Q1 2019, the number of Tron wallets exceeded $2.3 million and about 15.46% of them interacted with DApps. Around 85% of Tron's DApp users interacted with the apps in Q1 2019 which translates to Tron being the most active chain among the four blockchains. The report also pointed out that 95% of the EOS DApps reported a transaction in the first quarter of the current year as did over 80% of Tron and Steem (STEAM) based decentralized apps. For more of the latest cryptocurrency news, head to our homepage!
Join us on Facebook
- Thailand Crypto Regulation Could Arrive Through ICO & STO Offerings
- Privacy Cryptocurrency Monero (XMR) Celebrates Its 5th Birthday
- Binance Coin (BNB) Is The First Crypto To Surpass Its 2018 All-Time High
- Bitcoin Investing: Over 50% Of Retirees In US Are Crypto-Aware
- 2019 Bitcoin Gains Are Now At 44% Against The US Dollar
UPCOMING EVENTS RECOMMEND BY DC FORECASTS
Altcoin News3 days ago
Notre Dame Reconstruction Powered By Crypto Fundraising Campaign
Altcoin News3 days ago
LTC Price Can’t Keep The Pace Any Longer: Crypto Analyst
Blockchain News5 days ago
France’s Ministry Of Finance Labels Blockchain As “A Government Priority”
About2 days ago
The Real Satoshi Nakamoto To Be Revealed By John McAfee
Blockchain News3 days ago
Legal Blockchain Experts Are In High Demand: Report
Analysis2 days ago
Bitcoin (BTC) Price Holding Onto Crucial Support Levels: An Increase Is Likely
Altcoin News3 days ago
Tezos Price Rises By 10% Reaching A New Five-Month High
Uncategorized3 days ago
Privacy Coin Monero Turns Five Today, What Did It Achieve?