Bitso: Ethereum Constantinople Hard Fork — January 2019

FulviaBlockedUnblockFollowFollowingJan 9Bitso is committed to offering you the best crypto-powered financial services and ensuring that your interaction with money is magical. To that end, we would like to inform you about the upcoming Ethereum (ETH) hard fork: Constantinople.As part of its scheduled protocol upgrades, ETH will have a hard fork at block height #7,080,000 — which at current mining speed is expected to occur on January 16th, 2019. In preparation for the hard fork, ETH fundings and withdrawals on bitso.com and our iOS and Android apps will be paused at block #7,079,500. In the coming days we will update this post to provide you more information about the day and time when this functionality will be disabled.Bitso will handle all technical requirements for all users with an ETH balance in their Bitso account at the time of the hard fork. No action is required from you!Constantinople is the second phase of the Metropolis upgrade and it is integral to Ethereum’s long-term strategy to increase network capacity while decreasing energy consumption from mining by switching from Proof-of-Work (PoW) to Proof-of-Stake (PoS). Constantinople includes five Ethereum Improvement Proposals (EIPs) - EIP 145, EIP 1014, EIP 1052, EIP 1283 and EIP 1234 - but one of the most significant changes introduced by this hard fork is the reduction of ETH issuance from 3 ETH per block to 2 ETH.Please note that we expect the hard fork to be non-contentious and thus we do not expect it to yield two different cryptocurrencies. However, we remind you that if you want full control of your ETH or to have access to a minor chain in case this happens, you can withdraw your ETH from your Bitso account before block #7,079,500.At Bitso we are committed to offering you friendly, fast, reliable and safe to use crypto-powered financial services. Please contact us if you have any questions!

Original article was created by: Bitso at blog-en.bitso.com

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency or ICO.

Interested in Cryptocurrencies and ICO's?

Follow our telegram channel for daily cryptomarket reports!

Join @cointrends

Related Articles

pubDate Newsline

Stay on top of Altcoins and ICO trends.

Subscribe to our free Weekly Cryptomarket report

Delivered once a week, strongly to your inbox.

Subscribe to our mailing list
January 10, 2019
December 13, 2018

BSV token distribution

FulviaBlockedUnblockFollowFollowingDec 12On November 15th, 2018, the Bitcoin Cash blockchain forked, resulting in two chains: Bitcoin Cash ABC and Bitcoin Cash SV.As previously announced here and here, Bitso determined that the Bitcoin Cash SV (BSV) chain does not meet our listing criteria;...

From: Bitso
December 07, 2018

Smart Contracts are now available on the Bitcoin network !

Rootstock (RSK) is the first open-source platform that enables smart contracts on the Bitcoin network. Let’s first explore what a smart contract is, where they came from, and why they’re important…One of the principal notable functions of the Ethereum platform is the creation and execution...

From: Bitso
November 23, 2018

BCH is now Bitcoin Cash ABC at Bitso

FulviaBlockedUnblockFollowFollowingNov 22On November 15th, 2018, the Bitcoin Cash blockchain forked, resulting in two chains: Bitcoin Cash ABC and Bitcoin Cash SV.As previously announced, Bitso will support Bitcoin Cash ABC and will maintain the BCH ticker. Trading, fundings and withdrawals of...

From: Bitso
November 07, 2018

Bitcoin Cash Fork — November 2018

FulviaBlockedUnblockFollowFollowingNov 7Update November 13th, 2018We previously communicated that trading on the Bitcoin Cash (BCH) order books would be available during the hard fork. However, in the past days the uncertainty about which chain will prevail has increased, thus we inform you that...

From: Bitso
November 02, 2018

New operating hours for fundings via SPEI

FulviaBlockedUnblockFollowFollowingNov 2We want to inform you that fundings made to your Bitso account via SPEI will now be credited after 24 hours.This is not the service we strive to give you. However, this change in our operations is due to the official provisions published by Banco de...

From: Bitso
Upcoming ICO's
This week overview
Token Name Starts
Cryptocurrency rates
*Last hour average price&change
Coin Name Price Hour
Bitcoin logo BTC $3730.0631732 -0.05%
Ripple logo XRP $0.3302440119 -0.08%
Ethereum logo ETH $124.186906193 -0.25%
Bitcoin Cash logo BCH $129.591324139 -0.01%
EOS logo EOS $2.4757391616 -0.11%
Stellar logo XLM $0.1082222286 0.13%
Tether logo USDT $1.0154463834 -0.1%
Litecoin logo LTC $33.1894592385 0.53%
Tronix logo TRX $0.0245195064 -0.23%
Cardano logo ADA $0.0454854619 -0.1%
IOTA logo IOT $0.3177856704 -0.76%
Binance Coin logo BNB $6.6972524605 0.14%