Constantinople and St. Petersburg Are Here – But Have All Ethereum Users Adopted the Updates?
Jeremy Wall's original article for www.investinblockchain.com reduced by 54%
The hard fork was a major upgrade to the Ethereum blockchain that included improvements to the fees structure and network efficiency while also laying the foundation for scaling solutions, like off-chain transactions. The upgrade is vital to Ethereum's transition to Ethereum 2.0, Ethereum's final system upgrade that makes it better and faster. In addition to the Constantinople upgrade, Ethereum's mainnet also experienced an upgrade called St.
Petersburg, which was introduced following the previous delay of the Constantinople hard fork when security vulnerabilities were found in Ethereum Improvement Proposal 1283. While the upgrades were a success, data on Ethernodes.org show that not all Ethereum users have adopted the updates. Just 28.2% of Geth and Parity clients are reportedly running the Constantinople-compliant version of Ethereum.
Ethereum is notorious for delaying upgrades and Constantinople was already delayed twice before. Though the upgrades were a success, the price of Ethereum did not react to the upgrade as the price remains stagnant, hovering around $136 to $137 at press time.
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