Previously, Ethereum Hard Fork Constantinople (also known as St. Petersburg) was scheduled for January 16, 2019, at block 7,080,000, which got postponed due to a vulnerability (allowing reentrancy) in Ethereum Improvement Proposal (EIP) 1283. So, at a core Ethereum devs meeting, it has been decided that Ethereum hard fork Constantinople finally happened on 28th February 2019, at approximately 19.30 UTC at block number 7,280,000.
Ethereum 2.0, as its called, is a Proof of Stake (PoS) blockchain, that would allow quite a bit of a high number of Transactions Per Second (TPS) with low energy consumption. Ethereum remained quite stable and has not seen major fluctuations, as expected.
What Must The ETH Hodlers do?
The price of Ethereum has surged 85% in the last 3 weeks and its market cap has doubled in last one month. The hard fork seems to be giving a boost to Ethereum price and its good news for hodlers.
After the Classic Vision Hard Fork, the owner gets 3 of ETCN for every ETH they have, after the ETH Nowa (ETN) Hard Fork, the ETH owners get 1 ETN for each ETH. The users will receive the new coins only if they have their ETH in a private wallet (Metamask, Ledger Nano S, Trezor, Myetherwallet, Imtoken, Guarda) where they control the private keys.
My question here is - After the hard fork, will the price of ETH increases? Is it the right time to buy ETH? What changes will become in the crypto market? Any information will be greatly appreciated.
Thank you!
Source:
https://seo spamnews/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks