{"id":1142,"date":"2019-01-14T19:09:51","date_gmt":"2019-01-14T19:09:51","guid":{"rendered":"https:\/\/2miners.com\/blog\/?p=1142"},"modified":"2019-02-23T00:58:52","modified_gmt":"2019-02-23T00:58:52","slug":"constantinople-hard-fork","status":"publish","type":"post","link":"https:\/\/2miners.com\/blog\/constantinople-hard-fork\/","title":{"rendered":"What Should You Do Before The Ethereum Constantinople\/St. Petersburg Hard Fork?"},"content":{"rendered":"

The Ethereum hard fork is re-scheduled for February 28, 2019.
\nAfter the Constantinople upgrade<\/a>, there will be a new blockchain, there won\u2019t be a \u201cclassic\u201d blockchain, as was the case with Bitcoin Cash. In summary, the Constantinople hard fork is not in dispute, and it’s the only purpose is to improve the project. So what do common users and Ethereum miners<\/a> need to do before the hard fork?\u00a0The Ethereum network will be undergoing a scheduled upgrade at block number 7,280,000<\/strong>, on February 28, 2019.<\/p>\n\n

Getting Ready For Constantinople<\/h2>\n

In the course of Constantinople, active miners should switch to the new blockchain, which will be a continuation of the current Ethereum blockchain. All smart contracts will also be migrated from the old Ether to the new one. Since the original developers planned to implement substantial changes to the project\u2019s code, they opted for a hard fork.
\nThere is still a chance that a new coin will be created after Constantinople. This scenario is unlikely, but if major mining pools decide to go their own way, they can mine their coin on their own blockchain.<\/p>\n

How Will Constantinople Affect ERC-20 Tokens?<\/h2>\n

ERC-20 along with smart contracts will be transferred to the new blockchain. Common users don\u2019t have to do anything. Moreover, after the upgrade, they will pay less gas<\/a> for token transactions.<\/p>\n

What Should Miners Do?<\/h2>\n

All major mining pools should have already made proper arrangements for the hard fork at this point. 2Miners<\/a> is totally ready for the upgrade, so all you need to do is to wait for February 28<\/a>.<\/p>\n

\"\"<\/p>\n

What About ASIC Mining?<\/h2>\n

ASIC<\/a> resistance on the Ethereum network has been discussed many times in the Ethereum Foundation, but it wasn\u2019t included in the Constantinople upgrade.<\/p>\n

What Will Happen To Coins On Exchanges?<\/h2>\n

Coins on exchanges will be fine \u2013 major trading platforms are also ready for the hard fork. Remember that you should avoid storing large sums of cryptocurrency on exchanges for security reasons.<\/p>\n

Beware Of Scams!<\/h2>\n

There are a lot of rumors about the airdrop of Ethereum Nova and other similar projects. These are just phishing attacks aimed at getting a hold of your private keys. During the Constantinople activation all you need to do is to wait, so be careful and avoid suspicious links.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ethereum hard fork is re-scheduled for February 28, 2019.<\/p>\n","protected":false},"author":4,"featured_media":1147,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mining"],"yoast_head":"\nWhat Should You Do Before The Ethereum Constantinople\/St. Petersburg Hard Fork? - Crypto Mining Blog<\/title>\n<meta name=\"description\" content=\"The Ethereum hard fork is re-scheduled for February 28, 2019. After the Constantinople upgrade, there will be a new blockchain, there won\u2019t be a \u201cclassic\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/2miners.com\/blog\/constantinople-hard-fork\/\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/2miners.com\/blog\/constantinople-hard-fork\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/2miners.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What Should You Do Before The Ethereum Constantinople\/St. Petersburg Hard Fork?\"}]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What Should You Do Before The Ethereum Constantinople\/St. Petersburg Hard Fork? - Crypto Mining Blog","description":"The Ethereum hard fork is re-scheduled for February 28, 2019. After the Constantinople upgrade, there will be a new blockchain, there won\u2019t be a \u201cclassic\u201d","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/2miners.com\/blog\/constantinople-hard-fork\/","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BreadcrumbList","@id":"https:\/\/2miners.com\/blog\/constantinople-hard-fork\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/2miners.com\/blog\/"},{"@type":"ListItem","position":2,"name":"What Should You Do Before The Ethereum Constantinople\/St. Petersburg Hard Fork?"}]}]}},"_links":{"self":[{"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/posts\/1142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/comments?post=1142"}],"version-history":[{"count":8,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/posts\/1142\/revisions"}],"predecessor-version":[{"id":1350,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/posts\/1142\/revisions\/1350"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/media\/1147"}],"wp:attachment":[{"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/media?parent=1142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/categories?post=1142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/2miners.com\/blog\/wp-json\/wp\/v2\/tags?post=1142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}