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Constantinople: who, what, where, how?

by Matteo Leibowitz

January 14, 2019, 12:30PM EDT  ·  3 min read

Quick Take

  • Ethereum’s latest network upgrade, Constantinople, is expected to take place on Wednesday January 16
  • Constantinople contains 5 distinct upgrades, four of which are designed to optimize performance
  • The fifth upgrade, EIP-1234, will delay the ‘Ice Age’ and reduce block rewards by 33%
  • ~44% of nodes have updated their clients and the upgrade is not expected to be contentious 

by Matteo Leibowitz

January 14, 2019, 12:30PM EDT  ·  3 min read

Ethereum’s latest network upgrade, Constantinople, will take place at block number 7,080,000, which is predicted to occur on Wednesday, January 16.

The countdown to Constantinople can be tracked on Ethereum explorer, AmberData.

Details

Constantinople contains five distinct upgrades, four of which are designed to optimize performance:

EIP-1234: Constantinople Difficulty Bomb Delay and Block Reward Adjustment

Delays the difficulty bomb for approximately 12 months and decreases block, uncle, and nephew rewards by 33%.