The Ethereum network is set to undergo a fair few changes in the coming months. Several more hard forks of the code are expected to be released. Constantinople is the next major upgrade, and its code is already being tested by developers.

Constantinople is Coming

One has to keep in mind that people are always wary whenever Ethereum undergoes a hard fork. Not because the developers are incompetent, but because of the Ethereum Classic debacle that took place some time ago. 

This latest update is part of the ongoing series of hard forks which will pave the way for a new era of Ethereum. Making the network cheaper and more efficient is not something that can be done overnight. It requires a lot of testing, rewriting of code, and feedback gathering. Currently, the code is being tested and Constantinople is expected to go live in Q4 of 2018.

The Specifics

For the time being, the network will remain in testing. It is expected this process will last another two to three weeks. Afterward, a new testing period of two months will be conducted. This new stage includes launching a dedicated testnet for the Constantinople code specifically.

It is important to note how the Constantinople release will not impact Etheruem’s mining aspect. The altcoin will switch to proof of stake in the coming months. That will not be part of this fork specifically but is something to look forward to in 2019. 

Final Thoughts

Ethereum is a very technically-oriented network, and every hard fork introduced successfully will help the ecosystem mature as a whole. Constantinople paves the way for a more efficient version of Ethereum and unlike Bitcoin, Ethereum is enforcing these changes without months or years of delays.

None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities.