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will it affect earth future if areum’s Constantinople hard fork which has suffered frequent setbacks has finally been completed the upgrade was executed at 7:52 p.m. on February the 28th that block seven million two hundred and eighty thousand the fork proceeded uneventful e and no technical issues or divisions within the mining community have been reported although the phrase hard fork might evoke a blockchains split such as the event that produced ethereum classic in 2016 most hard Forks do not actually have that outcome since constantinople z’ features were largely uncontested via update went smoothly as – activated the new ethereum software and its features and unison low remaining rewards the main feature that constantinople introduces as a reduction of block rewards if area miners will now receive a payout of 2f for each block that they mine previously the reward was 3f per block although this is something of a sacrifice for miners this course of action is relatively conservative and a gained majority support from devs last August F areum’s reduced block rewards are deliberately intended to discourage mining as doing so will reduce the amount of new F that the mining community generates this will in turn reduce inflation and keep the value of existing at fairly high lower mining incentives will also help prepare for proof of stake consensus ARCIC a spur which will be introduced in ethereum 2.0 although lower rewards will make mining less profitable this upgrade does not disincentivize miners as much as it could have constantinople actually delays a difficulty bomb that would have made mining much more system intensive and harder to profit from that bomb has now been delayed for 12 months allowing many miners to continue enjoying profits other features although Constantinople’s biggest change concerns mining rewards there are a few other features that are built into the upgrade Constantinople also reduces the cost of using the ethereum virtual machine introduced as a method for interacting with the air to be created addresses and reduces gas costs for particulate transactions additionally a second etherium upgrade called st. Petersburg has been carried out alongside Constantinople this update removed a feature that was discovered to contain a rien trancey bug in January in other words the main feature of st. Petersburg is actually the absence of a problem market effects major upgrades can cause uncertainty among investors and some commentators believe that this upgrade could cause a therians market price to become more volatile Sebastian st. Clair at coin desk expects that based on previous Forks Constantinople could influence investment activity for weeks to come over at all it took a total of 34 days for EFA’s price to break above the sideways Channel after the previous fork occurred so if history repeats itself if the prices may be destined for a multi week sideways trend after the Constantinople upgrade takes place other analysts are predicting a weakening of Earth’s valium or an outright price crash however Michael morrow of Genesis global trading has suggested that Constantinople’s reduced inflation rate could prevent widespread sell offs among investors in any case no major changes have been observed in ethereum market value so far settling down Constantinople has finally succeeded despite the fact that it has faced numerous delays first in October a denial of service attack vector was discovered immediately followed by a test at issue then in January the aforementioned real drazi bug was found these issues collectively pushed Constantinople back for several months those delays might make Constantinople seem to be more of a feat than it actually is apart from a possible reaction from crypto traders if areum’s trials and tribulations seem to be settling down and the changes to the mining scheme may soon prove they worth the famous blockchain platform is now another step closer to reaching version 2.0 please let us know your thoughts on ethereum and its recent upgrades in the comments below thanks for watching the Ohio Bitcoin calm Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither a ohio bitcoin dot-com nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoyed this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more Bitcoin headline news and analysis soon Vitalik butrint says non-financial blockchain use cases are a harder pitch aetherium f co-found of italy akhirin says that blockchain applications outside of finance face more difficulty gaining traction as the primary added value they offer as decentralization q Turan made his remarks during a speech with crypto event token 2049 in Hong Kong on March the 13th q Turan began by noting that finance is realistically the first blockchain application that will probably achieve wide scale adoption and that even though he is a self-declared huge fan of other applications the problem is that decentralization is basically their value-add with finance you are competing with banks that take five days to do something interesting with anything that’s not financial chances are there is some internet thing that does what you want that’s just centralized so it’s a bit of a harder pitch as examples of areas where blockchain can catch on beyond finance with Anik isolated digital identity reputation and digital certificates in particular all of which have used cases that are not necessarily confined to the use of cryptocurrencies or financial markets in his further discussion on the current state of blockchain adoption deuteron appealed to event attendees to identify real-world applications that are developing not just in theory but on the ground audience examples include micro insurance non fungible tokens and gaming on the latter deuteron said that while many people are committed to blockchain innovation from their conviction that it can tackle real-world problems with positive social impact entertainment use cases such as gaming are valuable areas where the technology can draw high numbers of early adopters dot speaking of his personal commitments neutering highlighted decentralized applications depths which allow multiple actors to share and cooperate on applications that are based on an underlying decentralized blockchain protocol he proposed that the DAPs use case can potentially redraw the existing technology and power landscape by leveraging a decoe system to allow smaller players to compete with tech giants monopolies in a recent interview deuteron stated he was trying to solve bitcoins BTC limited functionality with the creation of ethereum he compared bitcoins ability to do one thing and do it well with the aspiration to make ethereum more like a canopy for apps that can do almost anything thanks for watching the Ohio Bitcoin comp Bitcoin news channel today we appreciate you spending some of your valuable time with us disclaimer price articles and markets updates are intended for informational purposes only and should not to be considered as trading advice neither ohio bitcoin calm nor the author is responsible for any losses or gains as the ultimate decision to conduct a trade is made by the reader always remember that only those in possession of their own private keys are in control of their own money if you enjoy this type of content please smash the like and subscribe buttons below it helps us to get more views thanks again see you with more bitcoin headline news and analysis soon [Music] Craik and CEO jesse powell accuses the block of reporting factually inaccurate news jesse powell Krakens chief executive officer had a heated conversation on twitter with mike dudas the founder of the block with the former accusing the publication of presenting factually inaccurate statements in an article that attacked kraken for reporting false trading volume the article in question published on march 13th cited an anonymous trader who allegedly revealed how an institutional account executed a stop

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