Jump to content

Mining Reward Dropping for ETH in October


wry

Featured Comment

Posted

Now that Stake takes ETH I pay a lot more attention to it than I used to.

I was wondering why ETH had been shooting up last couple of days and it seems like it may be because of the latest planned hard fork of ETH called Constantinople.

While the hard fork includes five improvement proposals the most dramatic one for price purposes seems to be the reduction in the mining reward from 3 ETH to 2 ETH and delaying or ending the "difficulty bomb" that was threatening the system if nothing was done.  Even after reading the article it wasn't clear to me if ETH was any closer to partially moving to proof of stake like they have talked about from time to time.

Anyway full details including a listing of each of the improvement proposals is at:

https://www.coindesk.com/constantinople-ahead-what-you-need-to-know-about-ethereums-big-upgrade/

Finally, the fork is scheduled to take effect as soon as 8 Oct. but the general expectation is that it will be delayed to later in October or maybe even November.

Posted

Thanks to your articles ive been able to learn a lot more about Eth  and same as you now that stake has it i pay more attention.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Privacy Policy Terms of Use