Digital Currency Exchanges on the Upcoming Ethereum Hardfork
Last week, Ethereum announced a hardfork following a relentless, month-long denial of service attack. The proposed hardfork will occur at block 2,463,000, expected to be mined today, October 16. At the time of publishing, the Ethereum blockchain saw block #2,462,322 mined, by mining pool ethpool. In the lead-up to the hardfork, cryptocurrency exchanges have sought to update customers on how they plan to respond and adapt to the Ethereum hard fork. Prominent digital assets exchange Kraken has said that it expects the fork to occur without any disruption, “with the DOS-protected fork quickly....
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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....
Ethereum classic (ETC) has seen a rally in the last 24 hours, in a massive reversal of fortunes. Ethereum classic is a result of the forking of the Ethereum which, ironically, comes from a decision by the Ethereum foundation to fork Ethereum to try to restore the money lost in the DAO hacking incident earlier on. In a message released by the promoters of Ethereum Classic they made their intentions clear: they do not accept the fork which was made to reimburse DAO investors. They say: “The Ethereum Foundation responded to the DAO debacle in the worst way possible. Special interests....
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....
Ethereum is to hardfork within 85 hours with little if any apparent controversy as the community moves quickly to address dos vulnerabilities. Ethereum Classic however seems divided regarding a proposed hardfork to solve an underlying fault that has lead to numerous dos attacks. The argument concerns null accounts that contain no balances or code and are fully empty. Ethereum developers have proposed the removal of this “state-bloat” as apparently the attacker could create as many null accounts as he wishes at effectively no cost to himself, but at a cost to the network in storage and....
Ethereum’s community has reached a general understanding that the best way to move forward and address the month long dos of the network is a quick hardfork. A matter of urgency has been added following a recent backlog of more than 12,000 transactions and some miners opting in for zero transaction blocks. Gavin Wood, founder of Ethcore, maintainers of Parity, the second most used ethereum client, publicly stated yesterday: The EIP150.c1 hard fork is being targeted for Monday. We have a candidate branch and will be releasing a fork-ready client as soon as there are proper consensus tests.....