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The Ethereum Constantinople the hard gallows are expected soon. The hard gallows will take place in four stages. There are the border, Homestead, Metropolis and Serenity. The Constantinople hard fork should have been around August 2018. However, it was postponed to January 2019 after several errors were found in the program during the tests. The hard hatch should now take place between January 14 and 18 when the block number 7080000 has been mined.
The exact date
The exact date of the fork has not been decided. However, it is more likely to occur on January 16th. The average block time is now 15 seconds. At current block 7035939, it means that there are 44,061 block claims. When the calculations are done, show that they stayed about five days.
Exchanges that will support it
So far, 19 exchanges globally they announced that they will support the fork. Huobi and OKEx were among the first to announce that they would support him. The management team and OKEx noted that the exchange would take snapshots of all accounts from block 7.080.000. Huobi also asked his traders to deposit ETH tokens on the platforms as they will help manage any technical issues that arise.
CEOX.IO, based in London, announced that the company was adapting its system to support the hard fork. Shortly before the upgrade, the exchange will not allow withdrawals or deposits in ETH. This will ensure that the funds are safe. After the update, all ETH holders can resume trading. Bittrex, based in the United States, announced similar measures.
Benefits of the update
The next hard fork has received many praises for achieving consensus in the Ethereum community. However, there may also be other hard forks that developers and other community members may wish to make unique updates. In this case, Binance asked developers to contact them.
Other exchanges that offer support
OKCoin also stated that it will support the update. This also applies to IDAX, which has asked users to deposit coins in IDAX. Koinex, an Indian exchange, said they would support the rigid fork through a tweet.
Bitmart also confirmed that it would support the hard fork. Users will need to deposit their ETH with them. Cryptopia, based in New Zealand, will also support this fork. Many other exchanges have announced their support for the update.
The other exchanges that will support upgrading are Bibox and Hotbit based in China, EtherFlyer, a decentralized exchange, BitForex, WazirX, based in India, and Exodus Wallet. Others are the exchange of Singapore ABCC, TOK based in Thailand, Indodax, based in India, and Catex, the mining platform.
In December 2018, ETH was the third largest currency by market capitalization. This was after it was removed from Ripple's XRP. This was also a period of intense market conditions. ETH was trading at $ 83 around December 15th. However, it has since recovered and traded at $ 134.84.
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