Ethereum Metropolis hard Fork well go into full effect at the end of September introducing some interesting changes. Metropolis hard Fork which was announced several months ago will not be producing another currency, a lot of people are seemingly confused as to why Etherium and Ethereum Classic came to be two different currencies that is rather simple to explain etherium ecosystem has a total of five different hard Forks so far which seems like a very high number, the reasoning behind it the interventions were needed in the minds of the Developers one of the hard Forks was created to solve the stolen funds issue, the result of that hard Fork not all of the miners switched over to the blockchain supporting this Fork instead a small percentage all of sash power kept mining the blockchain that existed before the fork was introduced which resulted in new coins being created on that chain. Since they could not be called ether coins they rebranded the chain to Ethereum Classic.
Unlike bitcoin, wherein most hard fork executions are contentious and likely lead to chain splits, the vast majority of Ethereum’s hard forks have been conducted to drastically improve the network’s security, flexibility and adaptability. The first major upgrade of metropolis is the implementation of zk-SNARKS which will improve privacy and anonymity features in the cryptographic industry this technology has been implemented in various alternative currencies in the past this upgrade will not be providing anonymity all by itself instead the first upgrade will be incorporated with Metropolis hard Fork making Ethereum Anonymous currency but not right away. The second upgrade is for the Coders and Developers programming with Ethereum and it's smart contracts technology should become a lot easier come September, the 3rd be change a lot of people well enjoy is changes to gas calculations lowering transaction fees whenever the Ethereum network is not congested. All of these coming changes are needed and overdue making big improvements overall to Ethereum the world's second-largest cryptocurrency. I am personally betting that it will Skyrocket after the announcement is made that Metropolis in full swing on the blockchain in late September. But that's pure speculation on my be half.
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Hi thanks for the update about Metropolis. I think Ethereum is going to improve a lot and hopefully be more user friendly.
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