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The highly anticipated fork of Ethereum (ETH) Constantinople has been scheduled for January 16 but, depending on the height of the target block of 7,080,000, it may occur a few hours before or after the scheduled date. The enormity and excitement surrounding the update have led ETH to gain significantly over the last 2 weeks or so.
Binance announces support for the Forcella di Costantinopoli
Binance's most popular cryptocurrency exchange has announced that it will support the hard fork of Constantinople. The exchange asked ETH holders to allow sufficient time for the deposits to be processed in full before the height of the block mentioned above is reached. The exchange continued to ensure that traders will handle all the technical requirements related to the event.
We will manage all the technical requirements involved for all users who use Ether in their Binance accounts.
Hard disk height: 7.080.000
Estimated time: between 2019/01/14 and 2019/01/18
Possibility of other hard forks and Airdrops during the upgrade
The fortress of Constantinople was praised for achieving consensus throughout the Ethereum community. However, there is a subtle possibility that they could be other tough forks like developers and other members of the Ethereum community who wish to build their own versions by updating the Ethereum network. Binance then added the following information in the event of such results.
If during the period of the rigid fork of Constantinople there will be other forks or hard casts, we invite these respective project teams to contact us at [email protected] for further discussions.
Market performance of Ethereum From December 2018
In mid-December last year ETH was in third place based on market capitalization. This happened after XRP eliminated the King of Smart Contracts from slot 2 while the bear market accelerated with BTC trading at $ 3,200 on December 15th. At the same time, ETH was trading at around $ 83.
However, due to the certainty of the hard fork that will result in a significant improvement of the network, there was a renewed interest in ETH which led the digital asset to claim the spot number 2 just a day ago .
Currently ETH is valued at $ 153, an increase of 84.3% in a period of less than three weeks compared to the value of $ 83 recorded in mid-December. With another 2 weeks up to the fork, the digital asset could continue to make gains in the encrypted markets while the excitement and curiosity around the event affect the cryptic community.
What are your opinions on Binance in support of the rigid fork of Constantinople? Let us know in the comments section below.
Disclaimer: This article is not intended to give financial advice. Any other opinion present here is purely that of the author and does not represent the opinion of Ethereum World News or one of its other writers. Perform your research before investing in one of the many cryptocurrencies available. Thank you.
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