Hardfork

A radical change to the protocol.

World latest news

Ethereum HARD FORK 2019? Biggest Challenge in Crypto...

Let's discuss the Constantinople hard fork that is now scheduled for January. Also, I want to discuss the biggest issue the crypto ecosystem faces in the coming years. https://toshitimes.com/trons-ceo-to-rescue-eth-and-eos-developers-as-their-platforms-collapse/ https://news.bitcoin.com/text-enabled-bch-payments-now-available-in-35-countries-with-cointext/ https://toshitimes.com/ethereum-developers-reach-new-agreement-to-launch-constantinople-hard-fork-in-mid-january/ https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-92ba4ab7f4653 GET FULL ACCESS TO THE ACADEMY: https://christmas.ivanontech.com LET’S MEET IN NEW YORK: https://www.facebook.com/events/452734075131412/ 💰 GET $10 TO BUY YOUR FIRST CRYPTO: https://www.coinbase.com/join/59d1738ff36136022bd9ee10 🏆 BUY PHYSICAL BULLION GOLD: http://www.bullionvaultaffiliate.com/ivanli/en 📈 BEST ALTCOIN EXCHANGE: https://www.binance.com/en?ref=35933746 🔐 BEST WALLET: https://www.ledger.com?r=5a56aa023b40&tracker=IOT Good Morning Crypto 🎓 LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com 🎓 Join my online academy https://academy.ivanontech.com 👬 Join the crypto discussion forum - https://forum.toshitimes.com 📣 Join Telegram channel https://t.me/joinchat/AAAAAE2xJE4l8xhC8MU4cg 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com #bitcoin #blockchain #ivanontech 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
Ivan on Tech

Mining Company Sues Roger Ver & Group for BCH Hard Fork Price Manipulation

The American company Unitedcorp has filed a lawsuit against "bitcoin cash ABC" supporters. The company accuses the supporters of hiring mining power in order to control the bitcoin cash network. The Bitcoin Cash hard fork that took place several weeks ago resulted in two version of Bitcoin Cash, supported by two opposing parties: the Bitcoin ABC version, which uses the ‘BCH’ ticker symbol; and Bitcoin Cash Satoshi’s Version, which uses the ticker symbol ‘BCHSV.’ The lawsuit claimed that Roger Ver, bitcoin.com, Bitmain, and co-founder Jihan Wu, crypto exchange Kraken and founder Jesse Powell, and Bitcoin ABC developers Amaury Sechet, Shammah Chancellor and Jason Cox centralized bitcoin cash and manipulated the price during its contentious hard fork. Especially by dedicating mining power in theory assigned to mining the bitcoin blockchain to mining what was then referred to as the Bitcoin ABC chain.  After the split, supporters of both sides of bitcoin cash have been “fighting” against each other in order to become the biggest “bitcoin cash”.
BitZamp

ETH Core Developer: Ethereum’s Constantinople Hard Fork to Happen by Block 7080000 (Jan. 16, 2019)

It represents on of the most anticipated hard forks in the world of cryptocurrency history. Ethereum (ETH) and its hard fork, referred to as Constantinople, is scheduled to take place within the first few months of next year. This hard fork, with a higher level of precision, will be taking place as of the 7080000th block, which is forecasted to take place by January 16th, 2019. This was made public through a number of important developers from platform via their respectiv social media outlets, which included Afri Schoedon, and Peter Szilagi. The latter went on to state: “#Ethereum Constantinople mainnet hard fork scheduled for block #7080000, estimated around the 16th of January, 2019!” The announcement that a hard fork would take place was made in the month of July back in 2017. This announcement was made after a number of meetings and discussions between developers and stakeholders, the underlying objective of making the network perform with a higher level of efficiency and able to cut down on costs. The Constantinople hard fork suggests a full implementation of five seperate improvement protocols for ETH (EIPs). One of the more popular being the reduction of the block mining issuance of rewards for miners. This would result in a decrease from 3ETH down to 2ETH, while also acting to delay the difficulty bomb by 12 months in total. This upgrade will also be responsible for the improvement of the efficiency of the ETH network, as well as its underlying performance. Along with this, Constantinople will also allow for the network to become faster, and will have itself focusing on optimizing of the experience of the developer, and decreasing the underlying cost these same users incur. Additionally, it was concluded among the developers that Constantinople will be taking on the Ropsten Testnet to begin, after this, it will be officially launched on the main chain succeeding Devcon 4. On the other hand, putting this hard fork to use on Ropsten initially presents its own number of hurdles, with it facing a number of delays, as well as encountering a number of issues during the testnet. According to some comments made by Szilagi, the reason for the intial delay of the test net was due to a subsequent Denial of Service (DoS) attack which was faced within the EVM, the Ethereum Virtual Machine. During the testnet, the consensus bug was discovered recently. One of the other members of the core development team, Lane Rettig stated that the initial confusion over the true definition of attributes such as transaction and execution frame could have been contributing factors to the bug itself. This also cropped up a number of issues related to miners as well as the mechanism of elements such as Parity and Geth. In a later report, Rettig went on to state that there were underlying issues with the number of miners operating on Parity, Geth and Aleth for the Ropsten Testnet. Rettig went on to include that Parity boasted a limit on how far back these nodes would be able to reorganize themselves. This is due to the fork being too long for Parity-based Ethereum nodes, which is not the same case for the likes of Geth.
Bitcoin Exchange Guide

Ethereum Developers Propose Block 7,080,000 as Activation Point for Next Hard Fork

Ethereum’s open source development team has come to an agreement on when to activate the next hard fork. The much-anticipated Constantinople upgrade will take place on block 7,080,000 on the Ethereum blockchain. Constantinople is a proposed code change that will give users the option to update the blockchain with new features. The developers reached an agreement on Friday at a bi-weekly core developer meeting. From Block 7,080,000 onward, users will be able to choose to upgrade their blockchain to the new code. If you choose to upgrade your blockchain, then the update will go live as soon as the block is mined. According to Afri Schoeden, Release Manager for the Parity Ethereum client, that block is scheduled to take place on January 16, 2019, although the block could be mined anywhere between January 14 and January 18. All-core-devs call: Ethereum Constantinople upgrade happens at block 7080000 around January 16, 2019. — Afri (@5chdn) December 7, 2018 The software release will also come with an emergency switch. This switch can be flipped in case anything goes wrong with the upgrade. If the switch is flipped, then the upgrade will be delayed. Ethereum’s Constantinople upgrade was originally scheduled to take place in November. The upgrade aimed to bring a host of design changes to the popular blockchain development platform. One of the most notable changes with Constantinople is a reduced block reward: the block reward will be reduced from 3 ETH per block to 2 ETH per block. Constantinople will also delay the so-called “difficulty bomb”, a code fix designed to prompt frequent updates, for 18 months. The Ethereum Constantinople upgrade was first finalized on August 31, 2018. The upgrade proposed that five different Ethereum Improvement Proposals (EIPs) should be added to the Ethereum blockchain permanently via hard fork. The upgrade has been characterized as a maintenance and optimization upgrade with few big changes. Nevertheless, the upgrade has been relatively controversial among various members of the community, including miners who are upset about their impending pay cut. Other Proposed Changes with Ethereum’s Constantinople Upgrade During Friday’s meeting, Ethereum’s developers also discussed changing Ethereum’s underlying proof-of-work algorithm. The proposed PoW change has been labeled ProgPoW. This change would theoretically prevent ASICs from mining on the Ethereum network, ensuring the Ethereum community remains democratic and decentralized and not concentrated in the hands of a few mining giants. Developers claim that progress on ProgPoW is going smoothly, although there has not yet been a decision made on including ProgPoW in any future Ethereum updates. Developers also discussed Ethereum 1x, a proposed upgrade that may be implemented in 2019. Ethereum 1x developers gave an update on their progress during today’s meeting, although they stressed that development was still in the early stages. There was one more final change with today’s Ethereum meetings: future meetings are expected to be open. After feedback from the Ethereum community on previous closed meetings, future meetings will be open. The last meeting for the Ethereum 1x upgrade was a closed, unrecorded meeting. The community only learned details of the meeting when notes were released after the fact. On January 16, 2019, we should have more information about how Ethereum’s Constantinople upgrade will work and how miners feel about its implementation. Stay tuned for block 7,080,000, which should take place on January 16 but could take place anywhere from January 14 to January 18. #Ethereum Constantinople mainnet hard fork scheduled for block #7080000, estimated around the 16th of January, 2019! — Péter Szilágyi (@peter_szilagyi) December 7, 2018
Bitcoin Exchange Guide

Goldman Sachs-Backed Circle Issues Statement On Preventing Replay Attacks Post-BCH Hard Fork

A Quick Look At Replay Attacks The dust has settled and the peace has been signed off on. The story that was the civil war of Bitcoin Cash[BCH] is now over. The tumultuous period that followed the hard fork of BCH presented opportunities and challenges for many of the exchanges. The biggest challenge faced was about protecting their customers against replay attacks. This was a major problem as, for nearly 2 weeks post fork, the development team of the SV chain had not implemented any replay protection. Replay attack sounds like the work of someone with nefarious intentions. While this might be possible, it is generally improbable. Usually, this happens due to a simple misunderstanding after a hard fork. It is quite simply, the confusion that surrounds the event might cause a node to listen for and accept transactions not meant for it, leading to a loss of funds for token holders. What Is It? In the case of Bitcoin Cash, before the hard fork, all its nodes were actively listening for any Bitcoin Cash transactions. On being made aware of a new one, it would proceed to verify the authenticity of the sender. This is done via a mathematical test and if found to be valid, it notifies other nodes in the network and queues the transaction be added to the blockchain. However, immediately following the hard fork, some node operators upgraded to one fork or the other while a few suspended operations altogether. This caused a situation where one node on one of the chains processed a transaction that was intended for the other chain. This was purely because it seemed valid due to the calculations and thus got communicated it to the network. This means a holder might have wanted to transfer a Bitcoin ABC to another person but ended up replaying it on the second chain; consequently, the latter received not only a Bitcoin ABC but also a bitcoin SV. Why Does It Happen? This is better explained with an example. Say a person owns 10 Bitcoin cash; this means they actually own multiple portions of bitcoin cash that add up to 10 Bitcoin cash, also known as outputs. These are transmitted around the network, with authentication provided by the holders private key. When a hard fork happens the same private key can still be used to move the outputs; thus validating those outputs on both chains. Now if and when multiple outputs are being moved, both the chains will do the mathematical test to validate the transaction. Since the digital signature is valid on both chains, the output will get replicated to both chains. How To Stop It? While a replay attack occurs because of identical outputs on different chains, those chains are mined separately, and this is the solution. After the fork, new unique outputs are introduced via coinbase rewards. These are unique to the chain and are thus instrumental in avoiding any replay attacks. Any coinbase reward of newly created coins would contain unique outputs that don’t exist on the other chain. Thus the other chains node wouldn't interfere with that transaction. This is what Poloniex did. Immediately after the fork, it collected a small set of post-fork outputs and when a request was made, it would add in at least 1 post-fork output. This simple trick enabled it to operate with confidence. While Replay attacks are not a common issue, the aftermath of the BCH split still generated a lot of confusion around the topic. While this simple solution did save a lot of hassle, the entire saga did not help the overall market mood.
Bitcoin Exchange Guide
More news sources

Hardfork news by Finrazor

DIGEST

If you think that the passion after the ВСH fork has evaporated — you are greatly mistaken, because now we are dealing with consequences. Reddit community is actively talking about the benefits/harms of the fork, so you have two options: watching or becoming an active commentator

Read more
DIGEST

This week twitter-community is waiting for the BCH fork, reading Vitalik Buterin and expressing opinions... — nothing uncommon, but quite lively

Read more
HIGHLIGHT

Block Rewards Down to 2 ETH Explained

Last Friday saw an Ethereum Core developers’ meeting dedicated to Constantinople, a planned hard fork of Ethereum. The developers decided to cut block rewards to 2 ETH and postpone the difficulty bomb for 12 months

Read more
OPINION

BCH, we need to talk: what can be the main problem

'Bitcoin Cash may be hard forked in November. Two groups of developers can't agree on its features, releasing their own clients, Bitcoin ABC and Bitcoin SV, incompatible with previous software.' Two coins, two original Satoshi visions. Which one is 'truest'? Will both of them qualify as the vision?

Read more

Trending

Hot news

Hot world news

Ethereum HARD FORK 2019? Biggest Challenge in Crypto...

Let's discuss the Constantinople hard fork that is now scheduled for January. Also, I want to discuss the biggest issue the crypto ecosystem faces in the coming years. https://toshitimes.com/trons-ceo-to-rescue-eth-and-eos-developers-as-their-platforms-collapse/ https://news.bitcoin.com/text-enabled-bch-payments-now-available-in-35-countries-with-cointext/ https://toshitimes.com/ethereum-developers-reach-new-agreement-to-launch-constantinople-hard-fork-in-mid-january/ https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-92ba4ab7f4653 GET FULL ACCESS TO THE ACADEMY: https://christmas.ivanontech.com LET’S MEET IN NEW YORK: https://www.facebook.com/events/452734075131412/ 💰 GET $10 TO BUY YOUR FIRST CRYPTO: https://www.coinbase.com/join/59d1738ff36136022bd9ee10 🏆 BUY PHYSICAL BULLION GOLD: http://www.bullionvaultaffiliate.com/ivanli/en 📈 BEST ALTCOIN EXCHANGE: https://www.binance.com/en?ref=35933746 🔐 BEST WALLET: https://www.ledger.com?r=5a56aa023b40&tracker=IOT Good Morning Crypto 🎓 LEARN SMART CONTRACT PROGRAMMING http://coding.ivanontech.com 🎓 Join my online academy https://academy.ivanontech.com 👬 Join the crypto discussion forum - https://forum.toshitimes.com 📣 Join Telegram channel https://t.me/joinchat/AAAAAE2xJE4l8xhC8MU4cg 🎤 If you would like me to speak at your conference, book me here: https://ivanontech.com #bitcoin #blockchain #ivanontech 👫👭👬Social: LinkedIn: http://linkedin.com/in/ivanliljeqvist/ Instagram: http://instagram.com/ivanontech/ Steemit: https://steemit.com/@ivanli Facebook: http://facebook.com/ivanontech/ Exclusive email list: http://eepurl.com/c0hyc9 DISCLAIMER: This is NOT financial advice. This is just my opinions. I am not responsible for any investment decisions that you choose to make. Ivan on Tech is all about cryptocurrencies and the technology behind Bitcoin, Ethereum, Litecoin, Ripple, IOTA. We also cover Bitcoin price, altcoin price, investing, analytics, different altcoins. Ivan on Tech by Ivan Liljeqvist
Ivan on Tech

Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App

HTC is resolved to win the race for the best blockchain phone on the market. Its commitment to the community seems to be genuine and not only have they bet on accepting payment exclusively in cryptocurrencies to promote their use but also decided to include third-party software that makes use of these technologies. In a tweet published a few hours ago by Mr. Brendan Eich, CEO of Brave Software, he expressed his satisfaction after confirming HTC’s decision to include Brave as the Exodus’ default web browser. We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone: https://t.co/J5WQrqODKa — BrendanEich (@BrendanEich) December 8, 2018 Brave Browser: Using Basic Attention Token (BAT) To Create a Better Internet Brave Browser uses blockchain technologies to improve the user experience and change the way content providers relate to consumers. The idea is to make browsing faster and more convenient by rewarding not only users for consuming content but also giving them the ability to benefit content creators. “Once you enable Brave Rewards, the Brave browser automatically and anonymously keeps track of sites each user visits. The more times that a user visits a site, the larger the proportion of the user’s monthly contribution is “ear-marked” for that content creator. When contributions for a content creator exceed $100.00 USD, an email is sent to both the webmaster of the site and the registered domain owner from your WHOIS information. The email explains how to verify the ownership of your website with Brave Software.” The token used by Brave Browser is the Basic Attention Token (BAT), a cryptocurrency that has recently gained considerable popularity, especially after the announcement that it has been supported by Coinbase to be traded on its platform. #brave the new browser from @BrendanEich @brave wants to reward users with #cryptocurrencies to see ads and make browsing cleaner and safer #DMT18 pic.twitter.com/eUnPFBjW6W — ralfscharnhorst (@RalfScharnhorst) December 6, 2018 Blockchain-Phones: The New Trend For its part, the HTC Exodus 1 Phone is a phone created by HTC with blockchain technology focused on those users who want to manage their crypto coins from their mobile phone without additional hardware. To do this, HTC developed its own hardware wallet with multi-asset support. The wallet is named Zion and runs on independent hardware embedded into the phone. The main competition of the HTC Exodus, is the Sirin Labs’ Finney Phone, a device that has similar features but runs under a proprietary Operating System developed as an Android fork. The post Brave Browser Confirmed as HTC Exodus’ Default Web Browsing App appeared first on Ethereum World News.
Ethereum World News

Bitcoin Cash on Gemini, Robinhood Hints at TRON - Today's Crypto News

Visit our website: https://altcoinbuzz.io In this video, Mattie talks about Bitcoin Cash being listed on the Gemini exchange and rumours about Robinhood listing Tron. He also gives you the latest from our Community Speaks segment and the eos hackathon winner. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: https://bit.ly/2sZCAiF New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! https://www.youtube.com/channel/UCxulvI2C9wUvvDDNS7S35fA/videos ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://bit.ly/2GDAoCp Facebook: https://bit.ly/2wYksLB Telegram: https://bit.ly/2IAqDuI ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Crypto Exchange Gemini Adds Support for Bitcoin Cash (BCH) Trading and Custody https://altcoinbuzz.io/crypto-exchange-gemini-adds-support-for-bitcoin-cash-bch-trading-and-custody/ Bitcoin Cash Is Now Available on Gemini! https://medium.com/gemini/bitcoin-cash-is-now-available-on-gemini-cc75299d892f Robinhood Hints That It might List TRON https://altcoinbuzz.io/robinhood-hints-that-it-might-list-tron/ Robinhood Tweet https://twitter.com/AskRobinhood/status/1070793190490472448?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1070793190490472448&ref_url=https%3A%2F%2Faltcoinbuzz.io%2Frobinhood-hints-that-it-might-list-tron%2F DERO Introduction – Community Speaks https://altcoinbuzz.io/dero-introduction-community-speaks/ DERO https://dero.io/ EOS Global Hackathon Winner Announced https://altcoinbuzz.io/eos-global-hackathon-winner-announced/ EOS VC Rewards GeneOS with 500,000$ https://coinhooked.com/eos-vc-rewards-geneos-with-500000/ Genomic Project GeneOS Wins Grand Prize of US$500,000 at Block.one EOS Global Hackathon Grand Finale in Cape Town https://block.one/news/geneos-wins-grand-prize-at-eos-global-hackathon-grand-finale/ -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
Altcoin Buzz

Mining Company Sues Roger Ver & Group for BCH Hard Fork Price Manipulation

The American company Unitedcorp has filed a lawsuit against "bitcoin cash ABC" supporters. The company accuses the supporters of hiring mining power in order to control the bitcoin cash network. The Bitcoin Cash hard fork that took place several weeks ago resulted in two version of Bitcoin Cash, supported by two opposing parties: the Bitcoin ABC version, which uses the ‘BCH’ ticker symbol; and Bitcoin Cash Satoshi’s Version, which uses the ticker symbol ‘BCHSV.’ The lawsuit claimed that Roger Ver, bitcoin.com, Bitmain, and co-founder Jihan Wu, crypto exchange Kraken and founder Jesse Powell, and Bitcoin ABC developers Amaury Sechet, Shammah Chancellor and Jason Cox centralized bitcoin cash and manipulated the price during its contentious hard fork. Especially by dedicating mining power in theory assigned to mining the bitcoin blockchain to mining what was then referred to as the Bitcoin ABC chain.  After the split, supporters of both sides of bitcoin cash have been “fighting” against each other in order to become the biggest “bitcoin cash”.
BitZamp

Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone

In a recent tweet by Brendan Eich, the CEO and Co-Founder of Basic Attention Token [BAT] and Brave, announced that Brave has been made as the default browser on HTC Exodus phones. Tweet by Brendan Eich: “We are very happy to have @Brave as default browser & to be working with HTC on their Exodus phone” In October 2018, Brave introduced the newer version of the browser which is compatible with all Chrome extensions. This version was named as Brave 1.0, which is a desktop browser with 22% faster browsing speed compared to older versions of Brave. During this announcement, the team also mentioned that they were working on multi-core capacity on the browser speed, the performance of the browser on mobile devices etc. Recently, HTC announced Exodus 1 as their first cryptocurrency enabled smartphone. The phone provides a storage solution for cryptocurrencies and gives accessibility to blockchain-based applications. An Android application named Zion, which is separated from the operating system of the phone has the ability to store all the private keys of the users. A Redditor named jajarz says: “HTC is a dying company, but they are going all in on hardware the incorporates future developments like VR, and Crypto. If they pull this off theyll be the next Apple.” Another Redditor named Gromerando says: “HTC phones run on Android, having Brave as default browser will only prevent Google from getting ur browsing habits, only if Google is not the default search engine on the browser So don’t really see the excitement as Google will still be able to track your every move” Brendan Eich, who is also the Founder of JavaScript and the Co-Founder of Mozilla project created both the Brave browser and Basic Attention Token [BAT]. The cryptocurrency BAT is an ERC-20 utility token which is used for all the advertising purchases and revenue on the browser. The post Basic Attention Token [BAT]: Brave is now available as the default browser on HTC Exodus phone appeared first on AMBCrypto.
AMBCrypto
By continuing to browse, you agree to the use of cookies. Read Privacy Policy to know more or withdraw your consent.