DAO Hard Fork Update for Ethereum Finally Released
Ethereum’s DAO hard fork update landed on GitHub yesterday, allowing users to vote on whether they support the Hard fork that will refund the DAO after the attack that drained around four percent of the total Ethereum (approx. 50 million US dollars worth at the time) in circulation from the smart contract. Ethereum Reaches A Crossroads with Hard Fork Update. This hard fork update, if successful, would wipe one of the biggest failures to happen in the cryptocurrency ecosystem away, giving the people with a stake in The DAO (and others who suffered from the subsequent price depreciation of....
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Ethereum Classic is all set to get a hard fork of its own soon to counter the sustained DOS attack. Ethereum Classic is on its way to get a hard fork in the next two days. Ethereum recently split into two blockchains following a hard fork introduced by the Ethereum development team a few months ago. The hard fork resulted in two versions — Ethereum (ETH) and Ethereum Classic (ETC). While Ethereum continued to operate on the new fork, a portion of the cryptocurrency community decided to continue with the original Ethereum blockchain, calling it Ethereum Classic. Ethereum recently came under....
An unintentional split of the network was the latest event to shake ethereum. By now, you might have heard the back-and-forth about so-called hard forks, a particularly contentious way to update a public blockchain. Some view it as a sometimes necessary means to update the network, while others see it as less than desirable path because it breaks consensus and everyone on the network needs to update to a new blockchain in order to participate. Ethereum has hard forked three times over the past few months to fix technical issues. But the latest fork was different, because it wasn’t executed....
The world’s second largest cryptocurrency, Ethereum (ETH), has just launched what may be their most impactful update yet. Consisting of five different components referred to as Ethereum Improvement Proposals (EIPs), the update aims mostly to change how transaction fees work. The ‘London Hard Fork,’ also known as EIP-1559, is the eleventh fork to occur on […]
Ethereum's developers have unveiled new details about a technical fork aimed at resolving lingering network issues. Officially merged into the code of the most popular ethereum client, the new rules will trigger at block number 2,675,000 — likely to occur sometime around Tuesday of next week. The update will erase empty accounts that unknown attackers used to bloat the ethereum blockchain by way of a hard fork, a process generally seen as a dangerous way of upgrading the software (all miners will need to upgrade to the new network). But according to some developers, the reality is more....
The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed after a vulnerability was identified by the audit company Chainsecurity and the London hard fork could be delayed as well. London Hard Fork Scheduled for August 4, 2021 Ethereum’s London hard fork is one of the most long-awaited changes in quite some time and will follow the recently....