Update: Ethereum's Constantinople new launch date is January 16

09 Nov, 2018
by David Borman
News
Update: Ethereum's Constantinople new launch date is January 16

Chepicap has previously reported on the delay of Ethereum's coming upgrade named Constantinople. Now, Bitcoin Exchange Guide has revealed that the new date for the fork's release has been set as January 16, 2019.

Apparently, this new date has been agreed upon verbally by developers, and so it is not 100% set in stone. It has been confirmed by Péter Szilágyi that if the team feels the date needs to be moved again, it will.

This could include being moved forward if things go spectacularly well, but that is far less likely than another delay.

One of the more notable aspects of the Constantinople fork is that it will decrease the block reward from 3 to 2 Ether each block, in an effort to help with inflation. It will also delay Ethereum's "difficulty bomb," an algorithm that slowly makes mining transactions more difficult unless updates regularly come out to set it back.

Will Ethereum upgrade on January 16? Stay right here with Chepicap for all updates!

Read more: Confirmed: Ethereum's Constantinople upgrade delayed until 2019

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Read more about: Ethereum (ETH)

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