Geth client prepares for upcoming Constantinople hardfork

Posted 13 December, 2018

One of the key Ethereum customers – Geth team – reportedly unveiled new software with activated code for upcoming Constantinople hardfork.

According to the released information, Geth or Go-ethereum v. 1.8.20 expects the hardfork to take place at the block 7 080 000.

Ethereum developers agreed on the block for hardfork during the regular video conference that was held last week. Afri Sheldon, a developer at Parity, said that this block is likely to be found between January 14 and January 18 2019.

Besides, Ethereum Foundation security chief stated that the new version of go-ethereum will also feature something like an emergency switch to delay the upgrade in case of unexpected problems.

Notably, the initial date for the Constantinople was November. This hardfork changes the network and optimizes the code, which is believed to make a transfer to the PoS algorithm easier.

According to the released information, the changes may introduce an 18-delay of so-called difficulty bomb as well as involves reduction of reward-per-block rate to 2 ETH (3 ETH earlier).

As reported earlier this week, the US financial regulator (Commodity Futures Trading Commission) filed a request for input striving to get a deeper insight into all aspects of the Ethereum. The CFTC is waiting for the public comments on the list of issues classified by the corresponding categories.

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13 December, 2018 17:29

← Revolut gets positive determination on banking license in Europe

The European Central Bank reportedly awarded UK-based company Revolut with the banking license effective within the European region. The customers will be able to deposit up to EUR 100,000 at the first phase of the project. Notably, all the funds must be insured via the European deposit insurance system. In the long run, Revolut is considering the launch of the preventive measures against overdraft as well as provide traditional corporate and individual loans.

Revolut gets positive determination on banking license in Europe

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13 December, 2018 14:22

Boerse Stuttgart Group to launch trading platform for cryptos in 2019 →

Boerse Stuttgart Group, the top-2 stock exchange in Germany, reportedly unveiled plans to set up a crypto trading platform in cooperation with solarisBank in H1 2019. The company believes it will be a good cooperation taking into account vast experience of solarisBank in the crypto banking and technology areas. Initially, the exchange is said to accept Bitcoin and Ethereum. In the long run, it is planned to add various tokens that may be issued via platform's own ICO service. The trading service will be offered to both retail and institutional investors.

Boerse Stuttgart Group to launch trading platform for cryptos in 2019
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