Ethereum is Waiting for a New Upgrade, Constantinople is Coming Soon

[Goodcat49]

Constantinople is part of the release called Metropolis and it will be integrated into block #7080000. Developers have prepared three forks for the beginning of 2019, including Constantinople. Other two forks are “hard forks”, which will result in creating new cryptocurrencies, Classic Vision and Ethereum Nowa. Users are notified that Constantinople fork will take place between the 15-16th of January 2019.

Problems to be Solved   

Scaling is considered the largest problem of blockchain platforms, as it has not enough power for commercial purpose use. Ethereum can process up to 30 transactions per minute, while Bitcoin only 3-7 per second. To compare, a standard non-crypto financial services provider Visa can do 24 thousand transactions per second with its VisaNet.   

For Ethereum to be a successful digital currency, the coin must have liquidity and utility. People have to use ETH everyday and business companies accept it as a method of payment. However, one thing that stops businesses from using Ethereum is its slow speed. The problem with Ethereum’s network speed has been a limiting factor to DApp developers.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-is-waiting-for-new-upgrade/

[alstevenson]

I agree with this, the main reason why ethereum needs this upgrade is scalibility, thats why they switch to Proof of Stake from Proof of Work which has more scalibility to solve their scalability issue.

[Hadley]

The upgrade is coming but now all the market bleeding again and ETH had the same situation too, I bought ETH and hope that the price will higher but now it drop again

[Akhmad Sapei]

yes right ethereum needs an increase again because for price stability in the market, this is needed because ethereum needs to increase meaningful.

[Altcoin1998$]

Ethereum Classic Vision and Ethereum nowa is a scam projects... If you don't believe please visit the post.... Of asche and marlboroza post in Ethereum classic vision bounty campaign thread.

[arisdoankk]

what is the main reason for ethereum needing this increase?
because of scalability, that was the reason they turned to Evidence of Stake because of Evidence of Work which has more scalability to solve the scalability problem itself.

[bayiajaib]

Constantinople is part of the release called Metropolis and it will be integrated into block #7080000. Developers have prepared three forks for the beginning of 2019, including Constantinople. Other two forks are “hard forks”, which will result in creating new cryptocurrencies, Classic Vision and Ethereum Nowa. Users are notified that Constantinople fork will take place between the 15-16th of January 2019.

Problems to be Solved   

Scaling is considered the largest problem of blockchain platforms, as it has not enough power for commercial purpose use. Ethereum can process up to 30 transactions per minute, while Bitcoin only 3-7 per second. To compare, a standard non-crypto financial services provider Visa can do 24 thousand transactions per second with its VisaNet.   

For Ethereum to be a successful digital currency, the coin must have liquidity and utility. People have to use ETH everyday and business companies accept it as a method of payment. However, one thing that stops businesses from using Ethereum is its slow speed. The problem with Ethereum’s network speed has been a limiting factor to DApp developers.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-is-waiting-for-new-upgrade/

Yes I agree ethereum need for a new upgrade.  Because It is the future technology,  so It must upgrade.  We will see there is several potential altcoins now.

[CiviC888]

It is good that the team continues to fight for the future of the coin, because Ethereum just needs something new and the issue of scalability was very serious, so it remains to hope that Ethereum will show growth after the launch of the update!

[IyemRoker]

30 transactions for 1 Minute      : Ethereum
3-7 transactions for 1 second        : Bitcoin
24,000 transactions for 1 second    : Visa Card

Very far from comparison with cryptocurrency with Visa. LOL
Very good information and this impressed me with VISA. LOL

[rizqillah]

Constantinople is part of the release called Metropolis and it will be integrated into block #7080000. Developers have prepared three forks for the beginning of 2019, including Constantinople. Other two forks are “hard forks”, which will result in creating new cryptocurrencies, Classic Vision and Ethereum Nowa. Users are notified that Constantinople fork will take place between the 15-16th of January 2019.

Problems to be Solved   

Scaling is considered the largest problem of blockchain platforms, as it has not enough power for commercial purpose use. Ethereum can process up to 30 transactions per minute, while Bitcoin only 3-7 per second. To compare, a standard non-crypto financial services provider Visa can do 24 thousand transactions per second with its VisaNet.   

For Ethereum to be a successful digital currency, the coin must have liquidity and utility. People have to use ETH everyday and business companies accept it as a method of payment. However, one thing that stops businesses from using Ethereum is its slow speed. The problem with Ethereum’s network speed has been a limiting factor to DApp developers.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-is-waiting-for-new-upgrade/

Yes,  I hope It will happen soon.  Ethereum is needing for a new upgrade,  Because the technology is need upgrade.  Ethereum is smart contract and usable for gas of transactions.

[Hank]

Today I read an article said about postponed the upgrade of ETH because of security hole. Perhaps this is the reason why ETH has fallen down since the last fee days

[I-Bit]

Ethereum Classic Vision and Ethereum nowa is a scam projects... ~snip~

Yes, it is true. I have already got the information from many people. It has been proven to not bring good impacts to Ethereum price anymore. Instead it looks like contributing to lead the ETH's price falling more. Anyway, we still have Constantinople fork. It is the only hope for the rising of ETH's price. 

[ribowo76]

I believe, the increase in ethereum will have a positive impact on the development of ethereum. And that seems to be something that many people have been waiting for in the ethereum community

[ankhi00]

Constantinople is part of the release called Metropolis and it will be integrated into block #7080000. Developers have prepared three forks for the beginning of 2019, including Constantinople. Other two forks are “hard forks”, which will result in creating new cryptocurrencies, Classic Vision and Ethereum Nowa. Users are notified that Constantinople fork will take place between the 15-16th of January 2019.

Problems to be Solved   

Scaling is considered the largest problem of blockchain platforms, as it has not enough power for commercial purpose use. Ethereum can process up to 30 transactions per minute, while Bitcoin only 3-7 per second. To compare, a standard non-crypto financial services provider Visa can do 24 thousand transactions per second with its VisaNet.   

For Ethereum to be a successful digital currency, the coin must have liquidity and utility. People have to use ETH everyday and business companies accept it as a method of payment. However, one thing that stops businesses from using Ethereum is its slow speed. The problem with Ethereum’s network speed has been a limiting factor to DApp developers.   

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/ethereum-is-waiting-for-new-upgrade/

Its a good news for us but still now its not happen.But its a good side that the team always try best for the future of the coin . So I believe that  the increase  ETH will be good for all .

[Jayde]

This delay has been made the market dump and Bitcoin drop from $4,000 to $3,600. Now Bitcoin is sideway around $3,600 I think it will recover soon