Categories: CryptoNews

Ethereum’s Constantinople Fork Won’t Occur For Another few Weeks

This week has not been overly positive for Ethereum enthusiasts. It would appear the promised Constantinople hard fork will be postponed until late February or even early March. Initially, it was planned to go into effect this month. Fixing some lingering flaws and bugs is the smart approach, but it will also leave investors somewhat concerned.

When it Constantinople Coming to Ethereum?

Advancing any cryptocurrency or blockchain project to the next level needs to be done with the utmost care Especially when it comes to network security, no loopholes can be present at any given time. For the Ethereum developers, the independent security audit performed on their Constantinople

hard fork yielded unexpected results. A key flaw was identified which needs to be addressed prior to deploying this fork on the main network.

It is somewhat remarkable this issue only came to light this week. Constantinople has been on the testnet for a little while now. Why no one else noticed this glaring issue in the code, remains to be determined. One of the five core Ethereum Improvement Proposals would have potentially caused major problems on the network. Thankfully, it was identified ahead of the expected launch on the main net.

It is also not the first time issues regarding Constantinople arise. The deployment of this fork on the test net was unsuccessful at first. Although that problem was rectified quickly, it seemed to indicate this fork may have been rushed in certain regards. With this vulnerability coming to light, those concerns were only amplified in the process. Postponing the launch on the Ethereum mainnet is the only viable course of action in this regard.

The main question is when the Constantinople upgrade will effectively be introduced. According to the latest information, this well occur at Ethereum network block height 7,280,000. Rough calculations show this will be on either February 27th or 28th, depending on one’s time zone. This gives the developers an additional five and a half weeks to iron out the problems still present and potentially make other minor quality of life improvements.

Related Post

As part of the revised deployment plan, the vulnerable Ethereum Improvement Protocol will not be included. That particular aspect will be redeployed on the testnet and thoroughly vetted before including it in the next fork. Interestingly enough, the activation of Constantinople will still include this EIP, yet it will be removed through a second upgrade which coincides with the first. A bit of an unusual workaround, but the result is all that matters.

Even though Ethereum has been around for several years now, smart contract-level issues can still occur. This particular vulnerability only confirms that aspect even further. It also shows why it may have been overlooked for some time. The core developers are mainly looking at the development of the Ethereum Virtual Machine. Even so, assigning a team to properly test everything individually could have highlighted this problem well in advance.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency.

JP Buntinx

JP Buntinx is a FinTech and Bitcoin enthusiast living in Belgium. His passion for finance and technology made him one of the world's leading freelance Bitcoin writers, and he aims to achieve the same level of respect in the FinTech sector.

Published by
JP Buntinx

Recent Posts

TMS Network (TMSN) Rips Through Resistance, Dogecoin (DOGE) and Aave (AAVE) Left Shredded

As the bull season takes a haltering break, there’s one crypto that’s ripping through the…

1 day ago

TMS Network (TMSN) Flexes Its Muscles, BNB (BNB) And Wrapped BNB (WBNB) Face Limited Gains

It’s amazing how quickly things can change; just when everyone thought Binance and its BNB…

1 day ago

Making Smart Choices – TMS Network (TMSN) Obliterating ApeCoin (APE) and BNB (BNB) in 2023

TMS Network (TMSN) tokens grabbed crypto whales' attention with a nearly 2000% price surge as…

1 day ago

ChatGPT Thinks Tradecurve, Shiba Inu and Ethereum are best picks to diversify with

ChatGPT saw an increased level of appeal from investors and trades who are trying to…

2 days ago

Chainanalysis acquires Transpose Tradecurve to launch trading academy

The cryptocurrency industry is constantly evolving, with companies exploring new avenues to expand their services…

2 days ago

We asked Google Bard to give us a list of presale projects with the highest ROIs

Presale projects allow investors to get involved in promising ventures at an early stage, potentially…

2 days ago