Tag: ETH

Ethereum’s Istanbul Upgrade: Understanding ProgPoW

A handy guide to the next ETH hard fork expected in October 2019

The long-debated Ethereum Improvement Proposal (EIP) 1057 about the Progressive Proof-of-Work (ProgPoW) consensus model is finally confirmed to be included in the next Ethereum hard fork named Istanbul in October 2019, as long as two third-party security audits confirm no technical issues that could cause a delay.

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Ethereum Constantinople Hard Fork

What is it? And what do I need to know about it?

Everyone is talking about it.

Ethereum’s price has surged over 70% over the last few weeks. In mid-Dec, its market capitalization was only about $8 billion, which is the lowest since May 2017. But since then, thanks to the imminent hard fork, it has doubled to $16 billion at press time.

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