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Author Topic: [ANN] Ethereum: Welcome to the Beginning  (Read 1871044 times)
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January 16, 2019, 01:39:13 AM
 #22141

The Date of Constantinople Hard Fork is Postponed (16 January 2019)
https://coindar.org/en/event/ethereum-eth-the-date-of-constantinople-hard-fork-is-postponed-16926

More details here:

BREAKING: Ethereum's major Constantinople upgrade was delayed after blockchain audit firm ChainSecurity discovered a security issue with one of the changes.

https://www.coindesk.com/ethereums-constantinople-upgrade-faces-delay-due-to-security-vulnerability

Quote
Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as well as developers of clients and other projects running the network, agreed to delay the hard fork – at least temporarily – while they assessed the issue.
.
.
.
A new fork date will be decided during another ethereum dev call on Friday.

this is a reason the ethereum and market dump ,yesterday

now the eth price is come back $120
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January 16, 2019, 01:57:12 AM
 #22142

I think it is right time for Ethereum community, real ETH's community members to call the Constantinople is un upgrade, not a hard-fork.  Grin
It's better if the ETH community stopped mis-calling it as a hard-fork, that potentially lead to wrong understanding about pseudo-forks of scam projects.
More details here:

BREAKING: Ethereum's major Constantinople upgrade was delayed after blockchain audit firm ChainSecurity discovered a security issue with one of the changes.

https://www.coindesk.com/ethereums-constantinople-upgrade-faces-delay-due-to-security-vulnerability

Quote
Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as well as developers of clients and other projects running the network, agreed to delay the hard fork – at least temporarily – while they assessed the issue.
.
.
.
A new fork date will be decided during another ethereum dev call on Friday.


Constantinople Upgrade!
The Date of Constantinople Hard Fork is Postponed (16 January 2019)
https://coindar.org/en/event/ethereum-eth-the-date-of-constantinople-hard-fork-is-postponed-16926

I also explained about the term 'upgrade' in another topic, and the term should be used officially in ETH community.
You should call it as an upgrade, not hard fork.
There is no debate that Ethereum should hard fork or not in the Ethereum core team of developers.
So, it's totally consensus upgrade from ETH team.
Moreover, there is no serious debate and un-consensus that usually lead to 'real' hard-fork.

For the coming upgrade of Ethereum network, the old chain will be abandoned by Ethereum team after the upgrade.
Then, everyone who have interest can use those open-sourced code of the old chain to keep developing more things from it.
It's very simple and easy to understand.
If there are 100 teams of developers use the old-chain open-sourced codes, and use them to create their own coins.
Will you call all those 100 new coins as hard-forked coins from Ethereum network?

Honestly, I strongly believe that you won't call them as hard-forked coins.
Can you confirm that you agree with me at this point, please.

In a nutshell, this coming one will be an upgrade on Ethereum network.
That's all!

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January 16, 2019, 02:43:04 AM
 #22143

I agree calling the fork and replace it with the proper term of 'upgrade'. It's true to be an upgrade for eth's network and usually what crypto folk will think of with 'forking' is that it will create a new coin. But at this moment, it's more of an upgrade so I think it's plausible.



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January 16, 2019, 03:15:37 AM
 #22144

I agree calling the fork and replace it with the proper term of 'upgrade'. It's true to be an upgrade for eth's network and usually what crypto folk will think of with 'forking' is that it will create a new coin. But at this moment, it's more of an upgrade so I think it's plausible.

And it's really unfortunate people think that with the term fork. Because, before all these shit coins were created from minority communities and scams, people still understood fork to mean what it was: a breaking change in the protocol (an update).

Now the "crypto community" has been crazy diluted with weak-handed muggles who are just here following hype...and can't seem to distinguish an upgrade from a contentious hard fork.  Cry

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January 16, 2019, 06:36:42 AM
 #22145

The Date of Constantinople Hard Fork is Postponed (16 January 2019)
https://coindar.org/en/event/ethereum-eth-the-date-of-constantinople-hard-fork-is-postponed-16926

More details here:

BREAKING: Ethereum's major Constantinople upgrade was delayed after blockchain audit firm ChainSecurity discovered a security issue with one of the changes.

https://www.coindesk.com/ethereums-constantinople-upgrade-faces-delay-due-to-security-vulnerability

Quote
Smart contract audit firm ChainSecurity flagged Tuesday that Ethereum Improvement Proposal (EIP) 1283, if implemented, could provide attackers a loophole in the code to steal user funds. Speaking on a call, ethereum developers, as well as developers of clients and other projects running the network, agreed to delay the hard fork – at least temporarily – while they assessed the issue.
.
.
.
A new fork date will be decided during another ethereum dev call on Friday.

this is a reason the ethereum and market dump ,yesterday

now the eth price is come back $120

Is there any estimation how long will be the upgrade delayed?

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January 16, 2019, 06:44:25 AM
 #22146

I agree calling the fork and replace it with the proper term of 'upgrade'. It's true to be an upgrade for eth's network and usually what crypto folk will think of with 'forking' is that it will create a new coin. But at this moment, it's more of an upgrade so I think it's plausible.
The term "fork" is most likely used to create more noise. And then all at the last moment to postpone (cancel). This is just my opinion, perhaps it is generally a test of the market, but the market almost did not respond.

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January 16, 2019, 07:20:28 AM
 #22147

Am glad eth team is extra cautious to add the next upgrade perhaps the best is yet to come. Its often said you would see the best when it's the right time.. Taking time is perfectly fine as this upgrade is the major upgrade for the future of eth
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January 16, 2019, 07:58:02 AM
 #22148

The market reacted poorly to news of the fork delay, but I do not see why this happened. Surely it is best to root out the problems before they occur, lest something awful happen later on.

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January 16, 2019, 08:02:27 AM
 #22149

The market reacted poorly to news of the fork delay, but I do not see why this happened. Surely it is best to root out the problems before they occur, lest something awful happen later on.
I don't think the drops not only comes from the delay of the Constantinople, but also come from the falls of bitcoin.

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January 16, 2019, 08:59:42 AM
 #22150

It appears that the Constantinople upgrade, which was scheduled for today, is once again delayed!

https://coincodex.com/article/2876/ethereum-is-upgrading-to-constantinople-tomorrow-january-16-update-upgrade-delayed/

risk of "reentrancy attack" similar to DAO attack of 2016 (explained in the paper)
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January 16, 2019, 09:30:04 AM
 #22151

Developers showed maturity and went for stable and secure way instead of throwing buggy code over people. There is nothing bad in this delay because long term goals and for everyone's safety this was necessary and right step. Seeing such responsible attitude I have come more closer to Ethereum and optimistic about its role in future.
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January 16, 2019, 09:44:58 AM
 #22152

Developers showed maturity and went for stable and secure way instead of throwing buggy code over people. There is nothing bad in this delay because long term goals and for everyone's safety this was necessary and right step. Seeing such responsible attitude I have come more closer to Ethereum and optimistic about its role in future.
True infact this gives me more relief as code gonna be stronger this time.. and with more functionality ... lets wait .. wait is sometimes good why rush .. This waiting gives me more relief as ETH gonna come out with stronger coding this time..
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January 16, 2019, 10:12:40 AM
 #22153

checkout the book
https://www.amazon.in/Crypto-Wars-digital-age-begins-ebook/dp/B07KN6CD7D/ref=sr_1_1?ie=UTF8&qid=1547631462&sr=8-1&keywords=crypto+wars

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January 16, 2019, 12:58:26 PM
 #22154

Normally there's a fat drop after a fork. However, being a little optimistic has never hurt anybody.

There is still was not fork. They delayed again Constantinople fork, because of some mistakes in code and at this time form delayes for unknown time.
Bakkt also delayed tillthis summer probably . So may be Ethereum team just want to launch fork together with Bakkt launch, because 1st delayed was after Bakkt announced delay from December to january too...

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January 16, 2019, 02:20:23 PM
 #22155

Is there any estimation how long will be the upgrade delayed?

According to CoinDesk:

A new fork date will be decided during another ethereum dev call on Friday.

Fork = upgrade

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Teraboy
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January 16, 2019, 02:31:29 PM
 #22156

Normally there's a fat drop after a fork. However, being a little optimistic has never hurt anybody.

There is still was not fork. They delayed again Constantinople fork, because of some mistakes in code and at this time form delayes for unknown time.
Bakkt also delayed tillthis summer probably . So may be Ethereum team just want to launch fork together with Bakkt launch, because 1st delayed was after Bakkt announced delay from December to january too...
You should read the post that created by a guy above me and it looks like you are missing something. The exact date about hardfork will have decided in the next meeting. ETA on friday. Bakkt has raised a lot of money and it gets another delay due to the shutdown in US
https://www.investinblockchain.com/bakkt-raises-182-5-million-launch-delayed-again/

I have seen this morning on my television if the white house serves junk food caused by that problem.


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nutoskaleo
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January 16, 2019, 03:05:30 PM
 #22157

I think it's too dangerous to keep all your crypto only in eth. I think better to use Cryptoindex.io Let's see.
CryptoNeed
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January 16, 2019, 03:15:44 PM
 #22158

I think it's too dangerous to keep all your crypto only in eth. I think better to use Cryptoindex.io Let's see.

Just buy and hodl different coins then ...  Roll Eyes

Great minds discuss ideas,
average minds discuss events,
small minds discuss people. (Eleanor Roosevelt)
thd26bct
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January 16, 2019, 03:44:53 PM
 #22159

It's not a bad option.
But I don't think buying and holding ETH now is risky at any reason.
Just buy and hodl different coins then ...  Roll Eyes

CryptoNeed
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January 16, 2019, 03:55:40 PM
 #22160

It's not a bad option.
But I don't think buying and holding ETH now is risky at any reason.
Just buy and hodl different coins then ...  Roll Eyes

Maybe ...
Maybe not buying now ends in regretting when you need some for a staking node. Wink
Who knows?! Cheesy

Great minds discuss ideas,
average minds discuss events,
small minds discuss people. (Eleanor Roosevelt)
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