Ethereum announced the Metropolis hardfork

in en •  7 years ago 

After the bitcoin hard fork, now the ethereum hard fork upcoming. As cointelegraph mentions, the developer team of Ethereum announced that, Metropolis update will come in late September via hard fork. Many ethereum users are expecting the update as the upcoming update brings new features. The first update “zk-snarks’’ will bring ethereum more anonymity for users’ transactions. Also another new feature, masking, will allow users to specify the addresses they own with their private keys. This will increase security on the network, even against quantum computer hacking. And last, “Difficulty-Bomb’’ will cause an expanding difficulty in ethereum mining by multiplying. It will lead to change of production pattern from proof-of-work (PoW) to proof-of-stake (PoS).

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