Polygon ’s Side Of The Story: Hard-Fork Resolved A “Critical Vulnerability”
The Polygon team promised an explanation and here it is. A few weeks ago, the Ethereum Layer 2 network hard-forked their blockchain, seemingly without explanation. As usual, NewsBTC got to the bottom of the case and presented all of the available information. The only piece missing was a promised official report from Polygon’s experts. Is this it? Apparently so. Related Reading | Community Voted, Why Uniswap Will Be Deployed On Polygon Before we get into it, let’s remember Polygon’s co-founder Mihailo Bjelic’s explanation as reported by us: “We’re making an effort to improve....
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MATIC is on the verge of hitting its local bottom of $1.21, as the market has lost three days in a row. In fact, it was only 11.4% away from the aforementioned level at the time of publication. On Tuesday, the price of Polygon (MATIC) moves in a narrow range. Since February 16, MATIC has been on a steady downward trend, with a 35 percent drop. The creation of a triple bottom near $1.40 signals that the present trend will be reversed. MATIC Falls Close To Bottom MATIC/USD is now trading at $1.42, down 0.31% on the day. The 16th most valuable cryptocurrency by market capitalization had a....
Today Bitcoin.org published a blog post explaining the view on hard forks and their current policy. For the organization, Bitcoin.org, this topic is a very important one and raises a lot of issues. The organization believes that contentious hard forks are not doing any good for Bitcoin and takes a stand against the current Bitcoin hard fork policy. In fact, the organization considers that the dangers of contentious hard forks are potentially so significant that Bitcoin.org decided to adopt a new policy. They consider that these contentious hard forks will leave people who chose the losing....
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....
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....
Other changes include the release of a stable Go API, as well as Android and iOS support for Geth. As most cryptocurrency users are well aware, Ethereum will undergo another hard fork. After a lot of discussion among developers, the decision was made to activate the fork at block 2,675,000. Multiple clients will be ready to accommodate this change, which marks another significant milestone for the Ethereum ecosystem. Every Ethereum hard fork has a rather unusual name, and the fourth one is no exception. Under the Spurious Dragon banner, this new fork will go into effect at block 2,675,000.....