Topic: Ethereum Hard Fork Test Goes Awry, “No Constantinople In 2018“ (Read 535 times)
this will cost ETH token a lot. It a shame..
October 17, 2018, 10:08:18 AM
This mean they will implement nothing at all.
Yep I think you are right, well for the near future say 6 months or so.
October 17, 2018, 09:23:24 AM
This mean they will implement nothing at all.
October 17, 2018, 08:16:41 AM
Does this mean that they will now have to implement progpow before Constantinople?
October 17, 2018, 05:33:15 AM
People should look this as a good news cause the point of a test result must be absolute.
October 16, 2018, 11:37:27 PM
That is the entire point of a test network, after all 
In the second half of 2018, more and more bad news about Ethereum appears every day. Most of them are related to the influence of competitors. It seems to me that the appearance of an error in the test network is the norm and you should not give it much importance.
Looks like Constantinople test failed, block reward reduction put of until 2019.
https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
'https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
Good news in the short term for GPU's, but this is just putting of the inevitable. The bigger something gets the more centralized it becomes. You'd think it would be the other way around.
At least my 1080Ti can break even now with my electricity price.
Looks like Constantinople test failed, block reward reduction put of until 2019.
https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
'https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
Good news in the short term for GPU's, but this is just putting of the inevitable. The bigger something gets the more centralized it becomes. You'd think it would be the other way around.
With a block reduction reward only the big mine with sub 5c electricity will still mine.
Goodbye decentralization
Goodbye decentralization
They couldn’t find a miner to support the reduction in block reward. What I bet happens is Ethereum ends up having to hard fork away to get these changes implemented. Miners will stick to the chain they on now because they don’t want to see a reduction in profits. Problem Is those propping the coin up are the ones wanting the reduction. Stuck between rock and hard place I’d say. Quite the conundrum. End result will be loss in mining rewards in terms of usd no matter what they decide. I’d say pow mining has some major issues that need addressed. Maybe it’s not a viable way to secure a blockchain. Greed if left unchecked becomes cancerous in nature. If that is what is to happen to crypto then so be it. just be ready for it is all I ask
BR
BR
Hmm. Maybe if devs gave even a single fuck about... decentralization and ASIC resistance then maybeeeee miners would have helped out on testnet.
But nope
"ASIC resistance - Do we even care about that" Actual quote from dev meeting. Obviously miners are the fault here and not the devs despite what whitepaper says /s
They couldn’t find a miner to support the reduction in block reward. What I bet happens is Ethereum ends up having to hard fork away to get these changes implemented. Miners will stick to the chain they on now because they don’t want to see a reduction in profits. Problem Is those propping the coin up are the ones wanting the reduction. Stuck between rock and hard place I’d say. Quite the conundrum. End result will be loss in mining rewards in terms of usd no matter what they decide. I’d say pow mining has some major issues that need addressed. Maybe it’s not a viable way to secure a blockchain. Greed if left unchecked becomes cancerous in nature. If that is what is to happen to crypto then so be it. just be ready for it is all I ask
BR
BR
Hmm. Maybe if devs gave even a single fuck about... decentralization and ASIC resistance then maybeeeee miners would have helped out on testnet.
But nope
"ASIC resistance - Do we even care about that" Actual quote from dev meeting. Obviously miners are the fault here and not the devs despite what whitepaper says /s
They couldn’t find a miner to support the reduction in block reward. What I bet happens is Ethereum ends up having to hard fork away to get these changes implemented. Miners will stick to the chain they on now because they don’t want to see a reduction in profits. Problem Is those propping the coin up are the ones wanting the reduction. Stuck between rock and hard place I’d say. Quite the conundrum. End result will be loss in mining rewards in terms of usd no matter what they decide. I’d say pow mining has some major issues that need addressed. Maybe it’s not a viable way to secure a blockchain. Greed if left unchecked becomes cancerous in nature. If that is what is to happen to crypto then so be it. just be ready for it is all I ask
BR
BR
I can't make up my mind if this is a good news or a bad news. Ethereum has to do something with their block reward and other bad solutions currently in place, but they had better do something that actually works. They don't need another disaster solution that doesn't work. I also can't shake off the feeling that they just promise and do nothing. All their improvements and development is being postponed one year after another.
Looks like Constantinople test failed, block reward reduction put of until 2019.
https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
https://ethereumworldnews.com/ethereum-hard-fork-test-goes-awry-no-constantinople-in-2018-developer-says/
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