Ethereum’s London Hard Fork Scheduled to Commence on August 4, 2021

Ethereum’s London Hard Fork Scheduled to Commence on August 4, 2021

The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed after a vulnerability was identified by the audit company Chainsecurity and the London hard fork could be delayed as well.

It won’t be surprising if London Hard Fork is delayed but so far it is scheduled for August 4, 2021.

Ethereum’s London hard fork is one of the most long-awaited changes in quite some time and will follow the recently implemented Berlin hard fork. The London upgrade is meant to complement the Ethereum 2.0 transition which will change the ETH chain from proof-of-work (PoW) to proof-of-stake (PoS). Proof of stake means no more cryptocurrency ethereum mining. Fortunately, there are other very profitable coins or cryptocurrency’s out and available like Ravencoin and ERGO.

In my personal opinion, people around the world should still be allowed to cryptocurrency mine ethereum but alas once ethereum 2.0 hits, no more cryptocurrency mining ethereum.

Proudly powered by WordPress | Theme: HoneyBee by SpiceThemes

X