Ethereum’s next hard fork, dubbed Constantinople, will be postponed until early 2019, developers confirmed in a meeting Friday, according to Coindesk.
Coindesk reports that the upgrade, originally scheduled for November 2018, was delayed due to ‘bug’s’ found in the upgrade code released on the Ethereum test networks.
The Constantinople upgrade was controversial for introducing five backward incompatible changes to the way the Ethereum platform operated, including a change that reduced the amount of ether paid out for each new block created on the ledger.
Comments
It’s not new news that Ethereum was having problems with its Constantinople upgrade.
However, this is worth watching given Ethereum’s role as the number 2 public cryptocurrency blockchain (market cap $22bn) behind Bitcoin (market cap $113bn).
The Ethereum developer group, the Ethereum Foundation, has some of the smartest and most experienced people in the blockchain space, so the fact that they are struggling with this upgrade is a good indicator of the challenges faced in such circumstances.
What do you think?
You don't want to miss a Crypto news?
Follow me on Twitter
Published on
"