Ethereum Hard Fork (What You Need To Know…)

EIP 145: Bitwise shift instructions

The new instruction will use 10 times less gas, meaning running certain smart contracts will be cheaper.

EIP 1052: Hash of smart contracts

By adopting a unique hash, the verification of the code of the other contract will become much more efficient.

EIP 1014: State channels

State channels allow certain transactions to be settled off-chain, which is very similar to Bitcoin’s lightning network. It will greatly improve the performance of the Ethereum network.

EIP 1234: Delaying difficulty bomb & reducing block reward

The founder of Ethereum planned to move the network from PoW (proof of work) to PoS (proof of stake) algorithm eventually (Casper update).

GitHub – https://github.com/ethereum/pm/issues/53

Binance will support it: https://support.binance.com/hc/en-us/articles/360021495791-Binance-Will-Support-the-Upcoming-Ethereum-Constantinople-Hard-Fork

Get a 14-day trial for only $7 at https://www.signalprofits.com today! A leader in market updates, short, medium and long term trading signals.

JOIN THE COMMUNITY
? ILoveCrypto Facebook Group: https://www.facebook.com/groups/ILoveCrypto
? Become a VIP Signal Profits Member: http://bit.ly/2J5AK71

WE DO SOCIAL
? Facebook: https://www.facebook.com/JakeCanfield/
? Twitter: https://www.twitter.com/ILoveCrypt0
? Twitter: https://twitter.com/StrongHandsHODL
? Instagram: https://www.instagram.com/ILoveCrypto

RESOURCES
Best Wallets:
Ledger Wallet – http://bit.ly/LedgerNanoWallets
Trezor Wallet – http://bit.ly/TrezorHardwareWallet

Best Exchanges:
Binance: https://www.binance.com/?ref=11661178
Kucoin: https://www.kucoin.com

Best Trading Software:
Trading View: http://bit.ly/TradingViewSoftware
Coinigy: http://bit.ly/CoinigyTrading

? Best Research:
Research Profits: https://research.signalprofits.com/investor-profits

? DYOR Guide: https://research.signalprofits.com/investor-profits

My Sponsor:
For absolute protection while trading cryptocurrencies, make sure you pick up a CryptoWall at https://www.cryptowall.ca and use the discount code “ILOVECRYPTO” for 5% off your purchase. Cryptowall doesn’t allow anybody to get into your network, including malware.

Disclaimer:
I am a Certified Bitcoin Professional licensed by the Cryptoconsortium but I am NOT a financial advisor, and nothing I say is meant to be a recommendation to buy or sell any financial instrument.

I will NEVER ask you to send me money to trade for you. Please report any suspicious emails or fake social media profiles claiming to be me.

Don’t invest money you can’t afford to lose. There are no guarantees or certainties in trading. My videos may contain affiliate links or sponsorships to products I believe will add value to your life and help you in trading. No matter what I or anyone else says, it’s important to do your own research before making a financial decision involving cryptocurrencies.

Ethereum Hard Fork (What You Need To Know…)

Related Post:

About The Author

Kane Dane