Ethereum Developers Strike Deal to Delay Difficulty Bomb, Reduce Block Reward by 33%

in #ethereum • 6 years ago

IMG_20180901_110515.jpg

A proposal expected to change the Cryptoconce Economy was finalized on Friday, 31st August, as developers agreed to include the code for the change of Atrem's next hard shoulder, Constantinople

Constantinople designed to increase the efficiency of the blockkain and lower transaction fees. It is a protocol upgrade that wants to correct Proof-Off-Steak (POS) from Proof-Off-Work (PW) joint algorithm.

According to a GitHub post related to the change, a group of 14th orthium developers present in a video call agreed to implement EIP-1234 - an updated version of the Upgrade upgrade upgrade Produced

Summary of the post:

"The EIP has delayed Constantinople fork, the second part of the Metropolitan Crack proposal to reduce the disadvantages of the bomb and reduction of block prizes for nearly one and a half years."

Developers present at the meeting also agree that the problem of the bomb should be delayed within 12 months. After eight months of Constantinople's upgrade, another hard case will be released, the developers will agree

#steemdunk #resteemit #esteem #busy
6 years ago in #ethereum by
$0.00
    4 votes
    Reply 0

    Coin Marketplace

    STEEM 0.24
    TRX 0.12
    JST 0.030
    BTC 69865.26
    ETH 3687.73
    USDT 1.00
    SBD 3.25