The Hard Fork of Ethereum could increase the market?



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Many encryption enthusiasts are eager to see what the 2019 reserve for the market. 2018 was a less favorable year as the terrible performance of most cryptocurrencies left a mark on many investors. Despite this, there are many digital currencies that are the subject of many positive developments and now Ethereum seems destined to undergo its own.

This year we will see that Ethereum will see a hard fork in its blockchain. In the coming weeks, the hard gallows of Constantinople will occur. This news is just what the market needs at the moment because the long-awaited hard fork has already caused a peak in the demand for cryptocurrency with extremely enthusiastic traders to see what this will bring.

The rigid fork should be similar to the previous Bitcoin hard fork in which Bitcoin Cash emerged from the ash (or did it?). Ethereum's hard fork will come with prizes that would stop the "Bomb of difficulty" that is the act of tampering with the complexity of mining until it becomes an unprofitable act. When the process of this is interrupted, the system will be stable and will remove any possibility that miners and developers try to make their hard fork on the blockchain to solve the problem. The network will not be divided by this hard fork anyway.

There will also be a change for ETH4, after the result was the swingarm of Constantinople with ETH2. This is a reduction in earnings generated by the mining of Ethereum that will help reduce the supply of a currency on the market every day. Originally, Constantinople's fixed fork had to end on August 13th of last year and then be tested for two months until October, where it could be completely released. But the Ethereum network developers have discovered some problems with the program during the testing period and then the hard fork has been postponed.

As reported by ZyCrypto, "A portion of the collapse of Ethereum prices last year was attributed to the postponement of this coming fork, which saw the digital currency drop to $ 85 in the final stages of December, a fall in value of 94%. from the historical peak of the currency when it peaked at $ 1 & # 39; 389 on January 15 last year. "

What are your thoughts? Let us know what you think in the comments below!

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