Bullish News: Ethereum has already carried out a non-backwards-compatible Update, so a Hardfork, successfully. Among other things, the problems were solved the “Difficulty Bomb”. These and other problems of crypto Monday reported already in another article. After the Update, bullish Outlook for the price development of Ethereum are now.
Contents
Ethereum Hardfork carried out successfully
Ethereum slowly changes from Proof to Proof-of-Work-of-Stake. Yesterday, the Muir-Glacier Update has been successfully placed as of the 9.2 million-most Block. Already 90% of the Ethereum Nodes have the Update installed. In addition, it could be the last Hardfork for the Ethereum Blockchain. Because the biggest Problem is the “Difficulty Bomb”, has now been defused for approximately 600 days. Now, developers can focus on the Ethereum Foundation completely based on the exchange of the consensus mechanism.
What is actually Bomb this Difficulty?
The so-called Difficulty Bomb is a protection device designed to prevent a split of the Blockchain during the exchange on PoS. If all goes to Plan, not exactly became to change the consensus mechanism, the mines of Ethereum so hard that it’s worth it for the Miner. If the Mining would be this time, easily and profitably, could incur a PoS and a PoW chain. This should be prevented in any case.
The 4 most important Investment rules: again and again the question of a good Investment is made strategy. In this article, we will summarize all of the reasons Dos and Don’ts when Investing in Bitcoin. If you invest in Ethereum and want to serve you in those Investment rules as a guide. To the rules of the 4 Investment.
The Problem, however, was that the Difficulty Bomb, or the previous feature “Ice Age” have to be started early, to unfold their effect. As a result, the block times of the Ethereum were extended Blockchain and the whole network is weakened. In the meantime, the block times have increased from 13 seconds to 17 seconds and it would have, in theory, the whole network to a standstill bring.
The Difficulty Bomb was defused, fortunately, the was played of the “Muir Glacier” Update, and now to mid-2021 moved. Thus, the Ethereum Blockchain, and the Miner, users, and service providers can breathe a sigh of relief, and even to a positive price development of hope. The suspicion of the Ethereum network is attacked via the Parity client, has not corroborated up to now, however. Crypto Monday reported on Tuesday.
Choose the best and safest stock market for you
To decide the right provider is not always easy. Therefore, we recommend that you take a look at our Bitcoin brokers & exchanges to throw a comparison. Trading on the safest and best exchanges in the world! For Comparison
Performance of the ETH in the future, better than Bitcoin?
Although 90% of the Ethereum Wallets are in the Minus, could be made in the next few months, made substantial gains. This claim, several analysts and traders. So should repel each other according to “The Wolf of all Streets” of the Ethereum price of a key support line and new Momentum to build, which is even stronger than the current Bitcoin. Another Analyst by the name of “DonAlt” lies lead to a further bullish statement: He is sure that there will be a large outbreak in the next 3-6 months.
$BTC
I’m pretty sure we’re gonna bounce big time in the next 3-6 months. pic.twitter.com/gfwhjLyJR1
— DonAlt (@CryptoDonAlt) January 1, 2020
Have initiated other projects, such as Cardano really have a Chance Ethereum Smart Contract throne? Read our analysis “Cardano vs. Ethereum” by.
How do you see the future of Ethereum? It might go Uphill again?
Come on in to our Telegram Chat and talk with the experts and the Community!
Subscribe to our News channel to not miss any News.
You look better Videos to read the article? Then look at our Youtube Channel over.
(Image Source: Shutterstock)