Fork of Ethereum Constantinople

Fork of Ethereum Constantinople

Gennaio 29, 2019 1 Di wp_10073490

The continuous delay of the fork of Ethereum Constantinople has now triggered the difficulty bomb of the coin, with an initial slight reduction in the number of mined coins. Initially, in fact, the hard fork was to take place last November, but following some problems it was postponed to last January 16th. However, a few hours later the fork had revealed further problems, with the consequent umpteenth delay of the fork, set for now at February 27, 2019.

However, the constant delay is putting the currency at risk, given that, observing the remuneration of the last mined blocks, the difficulty bomb seems to have been triggered. The Difficulty Bomb is a piece of code within Ethereum that has the goal of increasing exponentially the difficulty of extracting the PoW in preparation for the introduction of PoS. It was introduced almost three years ago and with each new fork it is postponed. It has the aim of encouraging developers to continuous updates of the currency. When this mechanism comes into play, however, it becomes too difficult and therefore uneconomical to undermine Ethereum. You then enter the so-called Ice Age.