Ethereum Prepares for Constantinople

Ethereum Prepares for Constantinople

The community is watching the Ethereum Constantinople Hardfork and how it will affect miners and holders. The fork will occur when block #7080000 is reached by tomorrow, 16 January

The Constantinople hardfork prepares Ethereum for the ultimate consensus move from proof-of-work to proof-of-stake. Reduction of gas fees and mining rewards, the delay of the ‘Difficulty Bomb’, and an optimum smart contract execution are the goals of the five Ethereum Improvement Proposals (EIPs). This is Ethereum’s third hardfork for the month.

New Coin Tickers from Constantinople

Coins from the Classic Vision Hardfork, which is the first fork for January, will gain the ticker ETCV. Three ETCV will be distributed for each piece of ETH a holder has. Coins from the Ethereum Nowa (ETN) hardfork, the second for the month, has the ticker ETN and will be distributed with a 1:1 ratio to ETH holders.

Those who are in control of their private keys will automatically receive the new coins. Those who have their ETH in exchanges will gain the coins once the exchange supports the hardforks.

Various exchanges announced their support such as Binance, Coinbase, Huobi Global, OKEx, Kucoin, Bibox, IDEX, and HitBTC.

Total Constantinople Fork Ready Clients are 1548 (46.7%) by now.

Read more: The Rubric of Constantinople Ethereum.

Related news

Ethereum classic a step closer to Agharta hardfork; releases Mordor testnet

While the Ethereum Classic community gears up for the Agharta hard fork which is expected to take place on 15 January 2020, the testnets before the launch of the mainnet have been rolling out on the nThe post Ethereum classic a step closer to Agharta hardfork; releases Mordor testnet appeared first on AMBCrypto.

iGaming Platform DAOBet Begins BET Token Swap to Native Mainnet

Coinspeaker iGaming Platform DAOBet Begins BET Token Swap to Native MainnetOver the years, the iGaming industry has gained quite the reputation; and with its rapidly evolving ecosystem being latently influenced by the emergence of technologies such as the blockchain, the growth potential looks almost limitless. However, the industry is still being plagued by entities that limit gaming experience – a subject the DAOBet platform is wholly devoted to redefining with its newly-launched blockchain.DAOBet, an iGaming 3.0 blockchain layer, aims to maximize the opportunities available in the online gaming industry. For the Singapore-based blockchain startup, this would require quite a few transitions. One of its major transitions involves moving its tokenized asset framework from the Ethereum blockchain network to its own custom-built blockchain. This move will allow value creators within its ecosystem – to include operators, players, affiliates and game developers to enjoy a frictionless experience while interacting with the DAOBet platform.Features of the New BlockchainBlockchain technology, though a revolutionary concept, still has variable disruptive impacts. And with scalability serving as a central theme, many blockchain platforms are in a race to develop the ultimate robust infrastructure. The DAOBet Blockchain promises to solve many of the long-standing performance bottlenecks plaguing the decentralized gaming industry such as low-speed transactions and slow loading, high network fees, which all contribute to weak throughput.DAOBet’s new blockchain will feature a throughput of about 3,000 transactions per second and a latency as low as 1 second. With as many as 100 decentralized node validators, deterministic block finality will be achieved through sequential block confirmation among the majority of the node operators, thereby circumventing congestion on the network.The DAOBet platform also includes a provably fair model that uses Signidice RNG Verification, certified by Gaming Laboratories International.The DAOBet blockchain will also allow its value creators to mount new games with a host of tools available at their disposal.The BET Token SwapThe DAOBet token swap involves the migration of BET token from Ethereum to a native DAOBet blockchain network, which is a tweaked version of the EOS blockchain. The new BET token framework will render the ERC-20 version incompatible on the new blockchain, and hence the DAOBet developers are urging all current BET token holders to head over to the DAOWallet to migrate to the new token standard.Follow these steps to proceed with the BET Token Swap:Create a DAOWallet here. Login if you already have one.First-time users should enter an email, use the validation password sent to the email, and create a personal CODE (instead of password) plus recovery phrase.Once logged in, click the BET (ERC-20) button.Click the Receive button to get a receiving address and QR code. Send the ERC20 tokens to this address.After receiving confirmation of the send, click the Convert button to begin the conversion. Make sure you have enough ETH to pay for the gas cost of this transaction.You will be asked to enter the amount of ERC-20 tokens you wish to convert. Select the required amount and press the Convert con.Once the mainnet is fully operational, the BET tokens will find expression on the DAOBet platform essentially as a utility token to create, or host games on the platform. They can also be used to place bets while gaming.The DAOBet WalletThe new BET token can be stored in a custom web wallet – the DAOWallet. The DAOWallet can be used to manage crypto assets. It currently supports BTC, ETH, BET (DAOBet) and BET (ERC-20). Users can buy, sell or exchange the supported assets. The DAOWallet also acts as a payment gateway for game developers, operators, and affiliates, and more advanced blockchain users can leverage the BET staking feature and earn up to 16% of the annualized supply.iGaming Platform DAOBet Begins BET Token Swap to Native Mainnet

Bobby Lee States His Support Of SegWit2x Hard Fork Was Wrong

Bitcoin industry veteran Bobby Lee said he was mistaken in his support for the failed SegWit2x hard fork, calling it "extremely dangerous and irresponsible." Recall in May 2017, key players ... Запись Bobby Lee States His Support Of SegWit2x Hard Fork Was Wrong впервые появилась

Hot news

By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.