Posts Tagged ‘ETH fork

The much anticipated Constantinople hardfork of Ethereum was initially planned for the middle of January, however a serious bug was discovered shortly before the time of the fork, so it was postponed. The new date for for Ethereum’s latest network hardfork system upgrade is around 27-28 February (end of the month) or more specifically at block number 7,280,000 (200,000 blocks later than the originally planed block). The hardfork will be in two parts, the first one will include all five EIPs (Ethereum Improvement Proposals) including the problematic EIP 1283, that was the reason to postpone the fork initially, and the second part will be used to remove the problematic EIP 1283. So after the Constantinople and Petersburg hardfork (the two parts we are talking about) the Ethereum network will have the following 4 EIPs active – 145, 1014, 1052 and 1234.

The improvements to the Ethereum network that the new hardfork will bring are numerous and they focus on improving salability, speed and efficiency of the blockchain. There is however a change that is also important to the economics of the Ethereum network and one that is especially important for miners. EIP 1234 is going to adjust the block reward, so after the fork miners will be getting just 2 ETH coins per block instead of the 3 ETH that they are getting at the moment. There isn’t much needed from you to do in order to be ready for the hardfork if you are using or mining Ether, just make sure you update any local wallet or client that you might be running. Also make sure to not make any transactions around the time of the hardfork in order to avoid any possible issues with delayed transactions and lost coins, though normally such problems are not very likely.

expanse-logo

Expanse (EXP) is a decentralized cryptographic information, application, and contract platform forked from the Ethereum codebase and is mined the same way with ethminer. According to its creators it is among the first of such to be fairly distributed, democratically controlled, and community managed. Through the use of smart contracts and decentralized blockchain technology, it is run not by any one individual or group, but by the users of Expanse itself. The project is organized, managed, and operated through a decentralized organization leveraging direct influence over the platform and its future to those that matter most: our community. New features, integration, and core modifications of the expanse platform and organization can be nominated, voted on, and implemented according to the collective opinion. Expanse’s backend is based on the Ethereum Go client and there is a dedicated beta GUI wallet for Windows and Max already available to help you manage your coins easily than via the console.

Website
http://www.expanse.tech/

Block Explorer / Crawler
http://www.expanse.tech/explorer/

Specifications

  • Algorithm: Dagger-Hashimoto
  • Block Reward: 8 EXP
  • Block Target: 60 seconds
  • Gas Limit: 31415926
  • Reserve: 11 Million (Community Managed)

Wallet downloads
Windows
Mac

Source Code
at GitHub

Ports

  • RPC Port: 9656
  • P2P Port: 42786

Pools
https://exp.suprnova.cc/
http://exp.maxminers.net/

Exchanges
Poloniex
Bittrex
Bleutrade

ethereum-price-spiking-chart

The last few days we have seen yet another serious spike in the price of Ethereum’s Ether (ETH) coins reaching a new all time high at almost $6.5 USD per coin and showing growing interest from users including miners. Things have gone almost crazy around Ethereum in the last few days and we have even started seeking some of this interest moving onto the Ethereum forks as well, so if you have not been following these, then you might want to check them out. There seem to be three different forks active at the moment – Expanse, Shift and Soil with the first fork released being Shift, though at the moment Expanse seems the most promising alternative.

Ethereum (ETH) forks:
Expanse (EXP)
Shift (SHF)
Soil (SOIL)

You can mine these Ethereum forked altcoins the same way you can mine Ethereum using ethminer, they use the same Dagger-Hashimoto algorithm as the original they have been forked from. We have published many guides on how to get started with Ethereum using the console and GUI wallets as well as how to mine using ethminer and these guides are applicable to the different forks as well in most part, so if you need some help you can check them out.


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