Fork of Ethereum Constantinople: 13 exchanges confirmed the support for the update of Ethereum Constantinople

January 19, 2019 Coin Payment

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The updating of Ethereum Constantinople has been the theme of the Ethereum community for a long time. Finally, the fork will take place in the new week. Please note that the update was finalized in August 2018. In October, it was vigorously tested. During the test, the developers of Ethereum have discovered some programming bugs. This has moved the update to January 2019. While January 16 is the date set for the fork, the only thing certain is that the update will take place after the extraction of the 7080000 block. number is currently 44,061 shy of 7080000.

The exchanges begin to declare the support for the updating of Constantinople

In view of the update, thirteen exchanges of cryptocurrencies declared support for the hardfork. One of the first exchanges to announce their support was Okex. The announcement was as follows:
"We will support the Ethereum Hard Fork (ETH) Constantinople, and we will take a snapshot of our OKEx accounts when the block reaches 70,800,000. This is estimated to take place between January 14 and January 18."

Shortly thereafter, Huobi announced: "Huobi Global will support the hard fork of Ethereum Constantinople.When the start of the upgrade, the flights, if any, will be distributed by Huobi Global after we receive it.We advise our users to deposit ETH in Huobi Global as we will be available to assist our users in case they encounter difficulties. "

This announcement came almost at the same time as the announcement of the exchange of cryptocurrencies based in London, CEX.IO has entered the Stock Exchange. The exchange said they are already making the necessary changes to support the rigid fork of Ethereum Constantinople and ensure that customer funds are safe during the process.

Price Ethereum (ETH) today – BTC / USD

Some other platforms that have declared support for upgrading are BitMart, Bittrex, OKCoin, Binance, ABCC, BiBox, Cryptopia, BitForex, Catex, Wallet, Koinex, IDAX, WazirX, EtherFlyer, TOK, Indodax and HotBit. Many other exchanges began to prepare before the fork, but not everyone announced their support. Children of other people will announce their support tomorrow.

Keep in mind that this fork should be non-controversial. This means that there was a consensus within the Ethereum development community, so there will not be any new blockchain or cryptocurrencies as happened with the Bitcoin Cash forks.

When the Bitcoin Cash network was updated in November 2018, there was a war between two different development teams. One was the Bitcoin Cash ABC and the other was the Bitcoin Cash SV. This war has had a knock-on effect on the entire cryptocurrency market. The market has yet to recover from this war.

With the updating of Constantinople, the Ethereum community does not have to worry about making special preparations for a new currency or a new blockchain. If users have no interest in joining the fork, they must ensure that they have enough time to pass before making ETH deposits or withdrawals in any exchange. Some exchanges will interrupt deposits and withdrawals before the fork.

Price analysis of Ethereum (ETH)

At the time of writing this article, the price of ETH was $ 125.59. This means that it is down 1.38% from the USD and down 1.50% from the BTC. The trading volume over a 24-hour period is $ 2,041,049,266 and the total market capitalization is $ 13,105,463,426. The fork should have caused a surge in the price of ETH, but investors seem to have started a panic sale.

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