When Ethereum Hard Fork

Etherzero Team Cancels Plans To Hard Fork Ethereum

Etherzero Team Cancels Plans To Hard Fork Ethereum

In the world of cryptocurrency, hard forks are seemingly the new altcoins. More specifically, a lot of developers want to hard fork existing currencies rather than build their own coins from scratch. In the case of Ethereum, one of those hard forkswas known as EtherZero. However, this fork has been canceled due to a lack of community support and big trading platforms. Its a very interesting decision, although few people will mind that the fork will not happen after all. It is evident that Bitcoinwas subject to quite a few hard fork attempts in 2017. Bitcoin Cash and Bitcoin Gold are perhaps the most notorious ones, even though Bitcoin Gold is very different from both Bitcoinand Bitcoin Cash. It is evident that this way of creating currencies will affect altcoins in the future as well. While the concept of taking existing code and turning it into anew project is not uncommon, it seems developers are far too keen on creating hard forks and airdrops right now. Thats not a favorable course of action by any means, as most of these hard forks serve no purpose whatsoever. The first altcoin to have receivedsuch hard forks/airdrops is Ethereum. Given Ethereums position in the world of cryptocurrency, that is not entirely surprising. It is evident that people like whatthis project has to offer andwish to make a quick buck from introducing so-called hard forks. Moving away from the original codebase for no apparent reason usually means the new fork is just a money grab which serves no real purpose. This is very different from how Ethereum Classic was created, as this currency exists due to ideological differences between parts of the Ethereum community regarding the bailout of The DAO. The first major Ethereum hard fork which was set to occur in 2018 is EtherZero . Although most Continue reading >>

What Will Happen To My Ethereum In My Wallet When Ethereum Hard Forks?

What Will Happen To My Ethereum In My Wallet When Ethereum Hard Forks?

What will happen to my Ethereum in my wallet when Ethereum hard forks? The Ethereum has undergone a planned hard fork atblock number 4.37mil (4,370,000), which occurred onMonday, October 16, 2017. The Metropolis hard fork was a planned and highly awaited hard fork which contained some major upgrades for the Ethereum network. Since this hard fork was planned, and non-contentious, there should be no chain split and there is nothing you need to do to prepare as it will go by largely unnoticed by many who are not in-tune with the technical back-end of Ethereum. The purpose of Metropolis is to address scalability, privacy and safety. This hard fork will take place in two separate phases, Byzantium and Constantinople and will prepare the way for the future planned hard fork called "Serenity" which will allow for POW and POS. The "Byzantium" portion of the fork includes: zk-SNARKs or in plain English Zero-Knowledge proofs, increasing anonymity of transactions. Easier programming of smart-contracts with a gas adjustment for bill setting. Better security through 'masking' allowing users to determine addresses which they hold the private key. A mining adjustment called a 'difficulty-bomb' making mining exponentially more difficult. So what should you do to prepare for the upcoming hard-forks? In short, nothing; Exodus will take care of everything for users. However, like with any fork users should be cautious for 24 hours around the fork and not move ETH or ERC20 assets. The Ethereum and ERC20 tokens in your Exodus wallet are safe and will continue to function as they have in the past. Continue reading >>

More in ethereum

  • How To Launder Ethereum

    How to scam $102,860 USD worth of Ethereum in 24 hrs withSlack Fear Of Missing Out (FOMO) is going to themoon Slack was...

    ethereum Mar 6, 2020
  • Does Ethereum Have Segwit

    Does Ethereum need to implement something like SegWit? This is a very good question! Especially because ethereum has be...

    ethereum Feb 21, 2020
  • Does Paypal Accept Cryptocurrency

    The largest U.S.-based cryptocurrency exchange, Coinbase, is releasing a PayPal-like service of its own. On Wednesday, ...

    ethereum Mar 12, 2020
  • Btc Usd

    Contracts for Difference (CFDs) are complex financial products that are traded on margin. Trading CFDs carries a high l...

    ethereum Dec 18, 2019
  • Do Ethereum Transactions Time Out

    As I understand it, if a transaction sits on the blockchain for long enough without confirmations it will time out and ...

    ethereum Dec 11, 2019
  • Fastest Ethereum Miner

    It Is No Longer Worth It To Build An Ethereum Mining Rig Building an Ethereum mining rig hasnt been worth it for months...

    ethereum Mar 9, 2020
  • Ethereum Cash Coin

    Bitcoin Cash Outpaces Crypto Consolidation with 20% Spike Feb 8, 2018 at 12:45 UTC|UpdatedFeb 8, 2018 at 18:08 UTC The ...

    ethereum Mar 30, 2018
  • Bitcoin Nonce Example

    If you clicked the button above, then you are currently mining bitcoin, the math-based digital currency that recently t...

    ethereum Feb 17, 2020
  • Is Ethereum A Bitcoin?

    Bitcoin and Ethereum have a hidden power structure, and its just been revealed Close examination reveals how power is b...

    ethereum Dec 6, 2019