MyEtherWallet founder notes two key aspects of Ethereum London hard fork
Ethereum's London hard fork made a number of changes to the Ethereum blockchain. Ethereum underwent an upgrade on Thursday, bringing with it a number of alterations to the network's blockchain. CEO and founder of MyEtherWallet, Kosala Hemchandra, pointed toward two changes of particular importance. “The London upgrade adds around 5 changes to the current Ethereum network; however, I believe that only 2 of them are crucial to day-to-day users,” Hemchandra said in comments sent to Cointelegraph. Noting “time bomb delay” as the first of the two, he added:“Since the inception of Ethereum there....
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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....
Co-founder of ethhub.io, Anthony Sassano, gives the Ethereum mainnet London hard fork a tentative Aug 4 rollout date. However, this depends on the success of the Rinkeby testnet, which is scheduled for release this Wednesday. Crypto YouTuber Lark Davies chimed in by saying it could be delayed months beyond Aug 4. But we’ll know more […]
A recent market crash has seen the price of ethereum crumble as the market prepares for the launch of the London Hard Fork. The fork has been scheduled to go live on August 4th this year and so far, investors seem to be very interested in this move. Demand for ethereum has gone up in […]
The much-talked-about London upgrade has finally happened on the Ethereum network as ETH arguably moves closer to becoming a deflationary asset. The London hard fork arrived almost on schedule at 12:33 pm UTC on Thursday at block height 12,965,000, ushering in the Ethereum Improvement Proposal (EIP) 1559.With the upgrade triggered, Ethereum will now undergo a significant overhaul of the network’s transaction fee market and other parameters such as gas refunds among others. Under EIP-1559, each transaction on Ethereum will involve burning the base fee, which automatically decreases the....
The London hard fork sets Ethereum up for a new era as ETH price continues to make gains alongside a positive community reaction. The London hard fork of Ethereum, which went live on Aug. 5, ushered in a new era for the transition to Ethereum 2.0, a complete proof-of-stake (PoS) blockchain. In fact, the London upgrade is the penultimate step on the way to the final transition to PoS scheduled sometime in 2022. The upgrade got triggered almost on time at 12:33 pm UTC at the block height of 12,965,000.Along with the highly anticipated Ethereum Improvement Proposal (EIP) 1559, this upgrade....