Cryptocurrencies
Ethereum Seeks to Prove a Crypto Fork Need Not Be Contentious
- Digital coin faces first such upgrade since October 2017
- Miner rewards will fall, potentially increasing risk of attack
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The term “fork” has acquired a negative connotation in cryptocurrency circles lately. A November software upgrade of the Bitcoin Cash network wiped out nearly half its market value. Yet for Ether investors, a pending update should be good news.
On Wednesday, the Ethereum network will move to a new version of its blockchain software know as a fork that is called Constantinople, which will bring along mostly under-the-hood technical tweaks. Unlike with Bitcoin Cash, Ethereum’s network isn’t expected to split into several versions, with various entities battling for their version to succeed.