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Kargai

What You Need to Know About Ethereum's Big Upgrade

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Yesterday I shared with you what the next hard fork for Ethereum will change for miners (https://forum.primedice.com/topic/33243-ethereums-network-upgrade-to-reduce-mining-rewards-by-33/) so today it's good to see what will change for most of the users.

Let be clear, the average user will not see any change with the Constantinople hard fork but on the tech side a lot will change. No least than 5 majors ethereum improvement proposals (EIPs) will be launch :

  • a more efficient method of information processing
  • a means of optimizing large-scale code execution
  • a more equitable pricing method for changes made to data storage
  • facilitate a certain type of scaling solution based upon state channels and "off-chain" transactions.
  •  reducing block mining reward issuance from 3 ETH down to 2 ETH and delaying the difficulty bomb for a period of 12 months.

You'll can read about all those proposals in more details here : https://www.coindesk.com/constantinople-ahead-what-you-need-to-know-about-ethereums-big-upgrade/

 

 

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3 hours ago, Kargai said:

Yesterday I shared with you what the next hard fork for Ethereum will change for miners (https://forum.primedice.com/topic/33243-ethereums-network-upgrade-to-reduce-mining-rewards-by-33/) so today it's good to see what will change for most of the users.

Let be clear, the average user will not see any change with the Constantinople hard fork but on the tech side a lot will change. No least than 5 majors ethereum improvement proposals (EIPs) will be launch :

  • a more efficient method of information processing
  • a means of optimizing large-scale code execution
  • a more equitable pricing method for changes made to data storage
  • facilitate a certain type of scaling solution based upon state channels and "off-chain" transactions.
  •  reducing block mining reward issuance from 3 ETH down to 2 ETH and delaying the difficulty bomb for a period of 12 months.

You'll can read about all those proposals in more details here : https://www.coindesk.com/constantinople-ahead-what-you-need-to-know-about-ethereums-big-upgrade/

 

 

Thanks for this I'm finding this since 2 weeks I got this now 

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