Ethereum’s next hard fork, dubbed Constantinople, will be postponed until early 2019, developers confirmed in a meeting Friday, according to Coindesk.
Coindesk reports that the upgrade, originally scheduled for November 2018, was delayed due to ‘bug’s’ found in the upgrade code released on the Ethereum test networks.
The Constantinople upgrade was controversial for introducing five backward incompatible changes to the way the Ethereum platform operated, including a change that reduced the amount of ether paid out for each new block created on the ledger.
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It’s not new news that Ethereum was having problems with its Constantinople upgrade.
However, this is worth watching given Ethereum’s role as the number 2 public cryptocurrency blockchain (market cap $22bn) behind Bitcoin (market cap $113bn).
The Ethereum developer group, the Ethereum Foundation, has some of the smartest and most experienced people in the blockchain space, so the fact that they are struggling with this upgrade is a good indicator of the challenges faced in such circumstances.
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Maybe they learned to test it from steems last hardfork. lol.
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That is a wise idea ^^.
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I wish I could say that I was surprised. The crypto space is notoriously bad at keeping to dates, something I attribute to weak leadership. Weak leadership itself is the result of using intelligent but technically minded individuals to steer projects, rather than those with leadership and managerial experience. Crypto needs to sort itself out, though I would choose bad manager tech junkies over greedy corporate managers any day.
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Thank you for your comment @bitbrain.
We need industry captains, visionaries with experience and charisma. And overall: that can deliver.
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If anyone wants to hire me, you know where to find me! ☺
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I will forward your application ;).
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😄
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Demand of the leader that can deliver is on the rise. but not many fit the bill. great industry captain need technical knowledge and leadership, which both skill are exclusive on their own previously.
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Very true
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Well good things are worth the wait, I am just hoping that once it is released it will really solve the current issues Ethereum have.
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Indeed, if at least I was convinced it would, that would help me wait.
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Wow. Interesting.
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Hi @vlemon!
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Your UA account score is currently 4.713 which ranks you at #1514 across all Steem accounts.
Your rank has improved 2 places in the last three days (old rank 1516).
In our last Algorithmic Curation Round, consisting of 248 contributions, your post is ranked at #39.
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Ahah yes, nobody seems to hold their deadline.
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we get accustom to it already. best just wait them launch their result before making decision. any announcement they made might not be same as the result.
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