Also, called the Thanos upgrade, this enables the DAG size to be reduced for almost a half. The hard fork was a result of a difference in ideologies . Ethereum is the most actively used blockchain. Ethereum’s Two Hard Forks Have Been Implemented By Will Bartlett Posted on 3 March, 2019 0 Comments As the second largest cryptocurrency in terms of market capitalization, Ethereum has gone through its fair share of controversy based on recent decisions on how to develop the platform. Ethereum hard fork explained by Guarda. The official hard fork day available now is the 16th January 2019. The developers confirmed that they were working on a critical bug. Convenience is the main criteria, and hard forks aren’t suitable for this point. When the Ethereum Classic blockchain reaches the block 11.700.000, the DAG size … In 2016, there was a notorious Ethereum-based DAO (decentralized autonomous organization) when a bad actor managed to steal over $50 million of investment. According to the Ethereum creator, the 4 major problems that need to be solved to push Ethereum to the next level are privacy, consensus safety, smart contract safety, and scalability. The split occurred in 2016 after a decentralized pooling fund – called a Decentralized Autonomous Organization (DAO) – that as built on Ethereum was hacked. Ethereum has its official hard forks. Ethereum network experienced an unannounced hard fork. According to the specifications for the Berlin Network Upgrade, this hard fork will bring to the current ETH 1.0 blockchain the following Ethereum Improvement Proposals (EIPs): EIP-2565: ModExp Gas Cost EIP-2315: Simple Subroutines for the EVM EIP-2929: Gas cost increases for state access opcodes EIP-2718: Typed Transaction Envelope EIP-2930: Optional access lists Ethereum Classic is the first hard fork of the original Ethereum blockchain, and it was a contentious hard fork. Ethereum Constantinople. No, it is not a mistake. It is the second-largest cryptocurrency by market capitalization, after Bitcoin. Official Ethereum Hard Fork. Some would add a governance issue to the list… Ether (ETH) is the native cryptocurrency of the platform. Ethereum developers have scheduled the Berlin hard fork for April 14 at block height 12,244,000, according to the Ethereum All Core Developers meeting Friday. The most significant of all three Hard Forks on the list, Ethereum Constantinople is scheduled between 14th and 18th January 2019. One of the most well-known forks that happened in the crypto industry is Ethereum. Called Eth 1.x, the PoW-based Ethereum chain will roll out non-contentious hard forks – including one late this summer known as “Berlin” – until it bridges with Eth 2.0. ETH 2.0 is a major ambition for Vitalik Buterin. Hard forks are less popular than soft forks because it is very confusing for miners and users of a certain cryptocurrency. Ethereum is a decentralized, open-source blockchain featuring smart contract functionality. Ethereum Classic hard fork is massive for mining. Ethereum Hard Forks. The hard fork of Ethereum, like many other hard forks to follow, is still a controversial topic to some. This update originates from the Ethereum Classic Improvement Proposals – ECIP 1099 that has the objective to calibrate the epoch duration in the mining process.