Constantinople has been designed to work as a ‘maintenance and optimization update.” Miners expect to see block reward reduced from three ETH to only two ETH. The much-awaited Ethereum network upgrade is expected to occur today. The upgrades are to be implemented via a hard fork and include the Constantinople and St. Petersburg. Both of these upgrades are expected to take place at Ethereum block 7,280,000. It is essential to know that the Constantinople has been designed to work as a ‘maintenance and optimization update.” The changes it will bring on board are geared towards the implementation of Ethereum 2.0 while some will directly affect the miners. Miners expect to see block reward reduced from three ETH to only two ETH. An earlier update had reduced the block reward from 5 ETH to the current 3 ETH. Users will be allowed to follow the upgrade live from around 19:30 (UTC). They can also watch it live using the Fork Monitor tool. The above mentioned time is approximated because the exact time depends on the speed of Ethereum block mining. Ethereum price technical picture Ethereum has fallen into slumber moments before the hard fork. The trading this week saw ETH/USD consolidate losses following the fall on Sunday 24. Ethereum dipped further to the support at $130 yesterday before recovery towards $140. The asset is currently between the 50-day Simple Moving Average (SMA) 1-hour chart; offering support and the 100-day SMA capping gains at $139.11. Ethereum is inclined to remain in the sideways trend as long as the Relative Strength Index (RSI) stays in the horizontal position. A correction has to be made above $140 Ethereum to sustain an uptrend to higher levels. ETH/USD 1-hour chart FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next USD/CAD bulls eyeing a sustained move above 1.3200 handle post-US/Canadian data FX Street 4 years Constantinople has been designed to work as a 'maintenance and optimization update." Miners expect to see block reward reduced from three ETH to only two ETH. The much-awaited Ethereum network upgrade is expected to occur today. The upgrades are to be implemented via a hard fork and include the Constantinople and St. Petersburg. Both of these upgrades are expected to take place at Ethereum block 7,280,000. It is essential to know that the Constantinople has been designed to work as a 'maintenance and optimization update." The changes it will bring on board are geared towards the implementation of Ethereum 2.0… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
