Ethereum

Ethereum’s Constantinople Upgrade Now Scheduled for Late February

Ethereum’s Constantinople upgrade was originally planned to be released in 2018, was then pushed back to January 2019, and is now pushed back once again to late February 2019.

The decision to delay came about after the smart contract auditing firm, ChainSecurity, found security vulnerabilities in one of the 5 Ethereum Improvement Proposals (EIPs) set for inclusion in the system-wide Constantinople upgrade.

EIP 1283 was identified as the EIP with security vulnerabilities which are related to data storage costs on the blockchain. Now, Ethereum devs will test and refashion the EIP for inclusion at a later date.

Constantinople Upgrade Scheduled for February 27 at Block Number 7,280,000

On January 18, Ethereum core developers held a phone call where they discussed the Constantinople upgrade. Ultimately, they decided to go through with it around block number 7,280,000 which should fall on February 27, 2019.

Participants in the call included Vitalik Buterin and other developers including Hudson Jameson, Lane Rettig, Afri Schoedon, Péter Szilágyi, Martin Holste Swende, Danny Ryan and Alexey Akhunov.

The developers decided that it’s best that the Constantinople Upgrade is issued in 2 parts simultaneously on the mainnet. The first upgrade will include all 5 EIPs, and the second will remove EIP 1283 as it’s the one carrying the security vulnerabilities.

According to Ethereum developer Szilágyi, this strategy is to ensure all private networks that already implemented the full Constantinople upgrade can easily implement a fix without rolling back the chain.

As explained by Szilágyi:

My suggestion is to define two hard forks, Constantinople as it is currently and the Constantinople fix up which just disables this feature… By having two forks everyone who actually upgraded can have a second fork to actually downgrade so to speak.

Jeremy Wall

Jeremy is a financial writer and aspiring investor. He is also a cryptocurrency enthusiast that’s fascinated with blockchain technology and the financial markets. When he’s not researching and learning about cryptocurrency, he’s traveling the world with his dog and girlfriend.

Share
Published by
Jeremy Wall

Recent Posts

Is A Silicon City Tech Giant Behind BlockDAG Network As Its $11.4M Presale Outcasts Floki Inu Price Surge Amid BOME Fluctuation

With Floki Inu's next bull run approaching, investors are closely monitoring its innovative token burn…

7 months ago

BlockDAG Becomes Top Crypto Investment Choice with $9.9M Presale, Beating Fantom & Apecoin

BlockDAG (BDAG) has continued to stand out with its innovative presale strategy, offering early investors…

7 months ago

Render and Dogecoin Price Predictions Defy Expectations As BlockDAG Emerges as the Highest ROI Crypto for 2024

As we venture into 2024, the crypto market is brimming with potential for unprecedented growth.…

7 months ago

Solana’s 20% Trading Spike Sparks BlockDAG Presale Interest While Memeinator Presale Reaches Edge

This analysis contrasts the flourishing momentum of BlockDAG coin's presale against the backdrop of the…

8 months ago

CryptoGames Review: Bitcoin and Altcoin Casino

Ever wondered what it is like to experience the extravagant casino vibes in the comfort…

3 years ago