Ethereum’s Price Skyrockets after Hardfork and Coinbase Integration
Ethereum is back in its upwards trajectory following a successful hardfork and Coinbase integration. The psychological resistance level of 0.02 has just been broken, paving a clear path towards the next resistance level of 0.025 with some suggesting it may surpass last month’s all-time high. The increase directly follows a successful hardfork where more than $200 million (as valued at the time of theft) were rescued and returned to the rightful owners. The biggest non-event in digital currencies’ history was followed by an outpouring of praise from the mainstream media with such headlines....
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The Ethereum community is in emergency mode as showstoping findings from the Cornell team sent the soft-fork option out. The only choice now available is whether to hard-fork or not, a decision that must be made in just 16 days. DDos vulnerabilities were found in Ethereum’s softfork which allows an attacker to exploit the gas limit (comparable to bitcoin’s transaction fees) and, in effect, bring the whole network to a halt. Therefore, the “[s]oft fork is out” says George Hallam, spokesman for Ethereum’s foundation, speaking to CCN. The community now has to move incredibly quickly and make....
Ethereum’s community is preparing for the second upgrade of a two parts hardfork plan to address a number of bugs that were exploited last month which slowed down the network to almost a halt. The first of the two parts hardfork was just under a month ago with Jeffrey Wilcke, founder of Ethlabs and one of Ethereum’s Geth developers, stating that the second hardfork will initiate at block number 2,675,000 which is expected in about seven days. All node operators therefore, especially any Ethereum based business and miners, will now need to upgrade to the newly released Geth client or the....
In a historical, decentralized and defining decision, Ethereum holders have unanimously voted in favor of a hardfork to deprive the DAO thief of his ill gains and return the funds to token holders, avoiding a trainwreck just months after ethereum’s release. Utilizing the blockchain, a transparent and non-gameable voting method shows that out of more than 1.5 million eth, 97%, valued currently at $15 million, are in favor of the fork, with only just above 40,000 eth against. The unanimous and conclusive decision by ethereum’s community will now turn attention to the implementation of the....
Ethereum has achieved what some said was impossible. A controversial hardfork has just successfully completed. Ethereum’s price jumped yesterday when the fork became fairly certain. It continued to rally today with price enjoying an astonishing increase once the fork was successfully completed. After a month of heated debate, Ethereum’s community quickly came together with an incredible 87% of Eth holders voting in support of the hardfork. Miners likewise showed an overall 80% vote in favor. The entire ecosystem, including all businesses, miners, and node operators, upgraded in just three....
In just three days, Ethereum is to undertake the first of its kind hardfork in the digital currency space. With Geth, Parity and Mist all having a hardfork release, all eyes are now on the miners. Ethpool/Ethermine was the first to open the decision to miners with more than 81% voting in support of the hardfork on both pools. Dwarfpool, currently the biggest ethereum miner, followed, with more than 72% supporting the fork. Peter from Ethpool/Etherminer, speaking to CCN, stated: “[T]esting will start tomorrow and all mining nodes will be upgraded by Tuesday according to the result of the....