Topic: Ethereum hard fork: Istanbul today Dec 7 - page 2. (Read 302 times)
Some exchanges didnt plan to suspend withdrawal and deposit until they saw others. It was just to take caution against any possibilities but have not seen any message of restoration of this service from those exchanges.
As for now, we have nothing to do is just to wait when further announcement of Ethereum back operation again. This is not all about exchanges site platform, I also received email from those payment processors that accept Ethereum that as of now they are disabled deposit/withdraw all related ethereum transaction 2 days before this happen. Probably this is good for Ethereum and to have a better improvement to their system.
I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
For that situation mate, we can't determine what reason it is but what certain for now is this will probably prevent more dumps of eth. I think this was a very serious preparation of the incoming bullrun if it won't fail in the long run. So let's see what it take in the future.
As per Huobi Global:
https://huobiglobal.zendesk.com/hc/en-us/articles/900000023103-ETH-Istanbul-Hard-Fork-Impacts-All-ERC20
Read number 4, they wanted to be sure that everything is secure and stable. They don't want to take chances in this upgrade as it may bring more harm on them. I guess this is the right decision, instead of rushing things out, it's better to take it slowly and when the dust has settled and everything looks perfect, then it will resumed.
Quote
Dear Users,
According to ETH (Ethereum) official website, ETH will undergo a hard fork & upgrade at a block height of 9,069,000 (estimated on December 8, 2019 (GMT+8)). Click here for Ethereum Istanbul Upgrade Countdown.
In anticipation of this upgrade, Huobi Global will execute the following:
1. Suspension of ETH and ERC20 Deposits and Withdrawals: Huobi Global will suspend the deposit and withdrawal of ETH & all ERC20 tokens at 06:00am on December 8, 2019 (GMT+8).
2. Suspension of ETH and ERC20 new margin trading loan services: In order to effectively control the risk of margin trading, Huobi Global will suspend acceptance of ETH & all ERC20 token new margin trading loan services at 11:00am on December 7, 2019 (GMT+8).
3. No impact to existing ETH and ERC20 balance & trading activities: ETH and ERC20 balances and trading services will not be affected during the upgrade.
4. Resumption Schedule: Deposit and withdrawal services will be resumed as soon as the ETH mainnet becomes secure and stable. The resumption time will be notified via another announcement.
Huobi Global will safeguard your assets as always and take care of the hard fork for you. Thanks for your support!
According to ETH (Ethereum) official website, ETH will undergo a hard fork & upgrade at a block height of 9,069,000 (estimated on December 8, 2019 (GMT+8)). Click here for Ethereum Istanbul Upgrade Countdown.
In anticipation of this upgrade, Huobi Global will execute the following:
1. Suspension of ETH and ERC20 Deposits and Withdrawals: Huobi Global will suspend the deposit and withdrawal of ETH & all ERC20 tokens at 06:00am on December 8, 2019 (GMT+8).
2. Suspension of ETH and ERC20 new margin trading loan services: In order to effectively control the risk of margin trading, Huobi Global will suspend acceptance of ETH & all ERC20 token new margin trading loan services at 11:00am on December 7, 2019 (GMT+8).
3. No impact to existing ETH and ERC20 balance & trading activities: ETH and ERC20 balances and trading services will not be affected during the upgrade.
4. Resumption Schedule: Deposit and withdrawal services will be resumed as soon as the ETH mainnet becomes secure and stable. The resumption time will be notified via another announcement.
Huobi Global will safeguard your assets as always and take care of the hard fork for you. Thanks for your support!
https://huobiglobal.zendesk.com/hc/en-us/articles/900000023103-ETH-Istanbul-Hard-Fork-Impacts-All-ERC20
Read number 4, they wanted to be sure that everything is secure and stable. They don't want to take chances in this upgrade as it may bring more harm on them. I guess this is the right decision, instead of rushing things out, it's better to take it slowly and when the dust has settled and everything looks perfect, then it will resumed.
Probably they suspended transaction to prevent any bug 
We can't blame them for that imo 
I'll definetly keep an eye on Eth, new improvements are coming !
We can't blame them for that imo I'll definetly keep an eye on Eth, new improvements are coming !
They would like to be protected if something goes wrong, you never know what will happen after update, if there will not be any attack. So it is more safe to temporary suspend all deposit and withdrawals.
There many exchange doing it i also i recieve one email from another exchange. They need to suspend all of the transaction for security of your ETH balance . About the fork i though this is only early preparation for the upcoming upgrade of ETH.
When we are upgrading the protocol, it is advisable to stop every transaction to prevent a bug or missing transaction that might happen when we are upgrading it.
That was why they were disabling it, prevention is better than cure.
Nothing to panic, not unless it goes beyond on a given time. The purpose is really to prevent an incident like this, and its normal for the upgrade. Wait for the announcement from the team if the upgrade was successful and don’t create the panic. That was why they were disabling it, prevention is better than cure.
The fork took place with success. The year 2020 will be the year of ethereum.
Well, the update was not on ETH but I also believe that the year 2020 will be good again to ETH. I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
Ethereum hard fork Istanbul took place. Serious exchanges have suspended the entry of ETH withdrawal to reduce the risks relating to the funds of their customers. ETH network 60% switched to new changes. We need to wait for the announcement of the restoration of input ETH output. It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
When we are upgrading the protocol, it is advisable to stop every transaction to prevent a bug or missing transaction that might happen when we are upgrading it.
That was why they were disabling it, prevention is better than cure.
That was why they were disabling it, prevention is better than cure.
It's just part of their preparation to avoid further disruption as protocol or it may possibly cause some problems while the fork is commencing. Well, the fork's done so you may now proceed with your withdrawals and/or deposits on ETH.
I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
All is just a plan and they can change at any time. This happened because the Instanbul community was so few, making the hard fork difficult because there were not many supporters and sympathizers. We also have to sympathize with this new organization, they need to stabilize on their plans and strategies after the hard fork to make sure their goals can succeed. Anyway, this hard fork doesn't mean much to me, I just expect Ethereum 2.0, Staking will help a lot of rich people. It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
The fork took place with success. The year 2020 will be the year of ethereum.
So far this has been a good news in any way meaning they are doing something that will benefit of the users, so we just need to avoid using Ethereum for now until the upgrade is done so our money won't stuck, so far, we just need to hold it in our wallet first and don't send in any exchange yet, as far as I know it is not over yet, I am also asking the exchange when it will be upgrade but they don't have info too.
I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
Maybe it's because they're having a hard fork. Because the hard fork is one of Ethereum's own organizations and wants to set up to do another mission. sometimes they get mixed opinions and don't get support so they need to postpone it for a long time to correct things. when stable, they continue to implement their hard fork. in fact we should be happy about this, which means they are trying to improve and don't want the hard fork event to go wrong. It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
It is interesting. I previously read that improvements to ethereum called Istanbul were due to happen on December 4th. Therefore, after this number I searched for news on this subject and could not find it. Yes, separation from ethereum of new coins is not planned yet. Could the suspension of trading on the exchange be connected with something else, and not with improvements in ethereum? It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
I got an email from the exchange I use stating the Istanbul hard fork is to occur at block 9069000 at approximately 15:44:36 PST on December 7. It happened already but they have suspended all deposits and withdrawals from happening until further notice.
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
It is not a contentious fork and so does not result in any new coins from it happening.
So why would they decide to suspend all transactions of ethereum?
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