Hardwork Ethereum Constantinople officially postponed indefinitely. Why?

Date:

2019-01-16 04:45:08

Views:

3201

Rating:

1Like 0Dislike

Share:

Hardwork Ethereum Constantinople officially postponed indefinitely. Why? Source:

Constantinople — the long-awaited hardwork Ethereum, which is January 16. The main innovation of the update was to reduce the reward per block with 3 coins to 2. Because the update was supported by all major exchanges, the problems seemed to be something very distant. Alas, to avoid failure failed. Network upgrade postponed indefinitely.

the

Update Ethereum

The Update was postponed because of a critical vulnerability in the planned changes, according to CoinDesk. The authors findings are the specialists ChainSecurity company, which is engaged in the audit of smart contracts. According to experts, the implementation of Ethereum Improvement Proposal (EIP) 1283 a loophole in the code, which attackers could seize the users ' funds.

Representatives of Ethereum, which was acne Buterin, Hudson, Jameson, Nick Johnson and Evan van ness, responded to the information. Since the correction of gaps need a lot of time, the developers decided to postpone the hard forks. To invest before the scheduled 04:00 UTC 17 January, the team would not have time.

Source: Coindesk

The Vulnerability is classified as an attack re-entry. Thanks to her, the attacker could perform the same function several times, while not informing the user about what is happening. As claims technical Director Amberdata Joan Espanol, it would allow a hacker "to withdraw indefinitely".

Imagine that in my contract there is a function that calls another contract. If I am a hacker and can activate the function during the execution of the previous function, this will give an opportunity to withdraw funds.

This vulnerability is used during the famous attack DAO in 2016.

Recall hardwork Constantinople lay not the first time. In October, the testing of update — then the network is not enough miners. On the eve of the analysts talked about nod, ready to upgrade.

New update date is unknown. It seems that in the near future, the rate of ETH can be significantly reduced. For courses coin watch .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

The Russians created a fake wallet Electrum. How to identify a Scam and not to fall into the trap?

The Russians created a fake wallet Electrum. How to identify a Scam and not to fall into the trap?

Kriptonyte always been the target of criminals and hackers. This is a new form of money allows you to move them around the world without any obstacles, what makes the niche so popular among hackers. Right now, the ratings GitHub g...

What cryptocurrencies is mine in 2019? A list of the best coins for mining

What cryptocurrencies is mine in 2019? A list of the best coins for mining

Late last year for the niche cryptocurrency was very heavy. Hardwork and further brought down the market to the year's lows. The same Ethereum in the first half of December hanging out at 85 dollars, while Bitcoin barely showed si...

Red flag: the six main problems EOS

Red flag: the six main problems EOS

the Fifth of the capitalization of the cryptocurrency fell by 15 percent during a sharp drain on Thursday. Today is trading at 2.47 dollar, after rising 6.7 percent during the day. It is noteworthy that the project has problems no...

When in Russia will appear scriptural? The response of the Chairman of the Duma Committee on Finance

When in Russia will appear scriptural? The response of the Chairman of the Duma Committee on Finance

the Chairman of the Duma Committee on financial market Anatoly Aksakov said that Russian criptural may appear within the next 2-3 years. However, while it is important to remember that under Russian law, smart contracts, cryptocur...

The most innovative project in the history of cryptocurrency — what is it? The point of view of the expert

The most innovative project in the history of cryptocurrency — what is it? The point of view of the expert

Over the past have seen an exponential growth of innovation and research in the world of cryptocurrency. However, CEO angel versetti , the most innovative ecosystem of blockchain is still . According to him, the idea of Ethereum d...

Why do you need a unique Bitcoin address and how to create it

Why do you need a unique Bitcoin address and how to create it

do Not have to be conceited to create your unique Bitcoin address. The question here is not about the usual combinations of numbers and letters and a unique symbol which will make the purse recognizable. Such addresses in particul...

Vlad Zamfir goes to new CryptoStream. The team wants to run Casper before Ethereum

Vlad Zamfir goes to new CryptoStream. The team wants to run Casper before Ethereum

One of the main developers of Vlad Zamfir may soon shift the focus of their research on a new project. According to the Crypto Block, the programmer began working with startup Casper Labs to create «fully scalable blockchain&...

Cryptopia hacked, the stock exchange reported significant losses. Chithiram the end?

Cryptopia hacked, the stock exchange reported significant losses. Chithiram the end?

January has started briskly. A week ago hackers a successful 51 percent attack on the blockchain Classic, which ended in huge losses and damaged reputation of the team. Although the attackers the equivalent of 100 thousand dollars...

Russia is waiting for: a bill of digital assets will examine in early February

Russia is waiting for: a bill of digital assets will examine in early February

the Bill on the digital economy can be adopted by the state Duma in the next month. It is including digital of financial assets. According to the head of the state Duma Committee on financial market Anatoly Aksakov, the document i...

The cryptanalyst: Bitcoin still not found its bottom

The cryptanalyst: Bitcoin still not found its bottom

the Market will fall still long enough. According to analyst Willy Wu, traders should not rely on a sharp increase in the very near future. Cryptocurrency every day delivers new features «weakness» and was still not read...

Fun time: top 5 Board games about Bitcoin

Fun time: top 5 Board games about Bitcoin

is a real addiction. For those who have been following the stock market, has enough simple transactions, decentralization and the blockchain. That is why in the world a long time with great success buy Souvenirs related to the cr...

How to make money in a bear market? Master-class venture capital investor

How to make money in a bear market? Master-class venture capital investor

If you have forgotten again in 2018 was a period of «the collapse of the bubble» cryptocurrency. The assets of most investors decreased significantly during this time, the background correction . However, some still mana...

The future has arrived. Parents collect the child at the College in the form of Bitcoin donations

The future has arrived. Parents collect the child at the College in the form of Bitcoin donations

Despite the fact that the baby is only a week old, Isabella Bowles has already shown great promise. Born on 6 Jan child ever grow up, I will be able to go to College thanks to the efforts of parents, Violetta and Peter. And the fe...

Five of the best: reveal the most profitable altcoins last week

Five of the best: reveal the most profitable altcoins last week

2019 issued not the best start — most of the altcoins began to fall right from the first of January, and was unable to gain a foothold above $ 4,000. Another noticeable drain on 10 January, when the capitalization of the stock mar...

Bad start: the Ripple began to fall from the beginning of the week

Bad start: the Ripple began to fall from the beginning of the week

the New week started with a not particularly good news. On the background of the local adjustment of all of Aldon the stock market continues to decline and again recently broke a key support line. In the near future is not exclude...

Hodl it: how faith in Bitcoin brought cool x Tim Draper

Hodl it: how faith in Bitcoin brought cool x Tim Draper

Who believe in cryptocurrency? While comes to mind only «Holy Trinity» Mike Novogratz, the brothers Winklevoss and Tim Draper. These people have invested in digital assets, a huge amount of money, time and effort, theref...

Forecast the future: what will happen to the price of Ethereum this week?

Forecast the future: what will happen to the price of Ethereum this week?

looks Like about hard forks Constantinople have exhausted themselves — ends «fuel» for the growth and cryptocurrency is slowly returning under the control of bears. The graph of the coins looks very promising and suggest...

Bad sign: Google Ads refuses to advertise Ethereum

Bad sign: Google Ads refuses to advertise Ethereum

last week, the team cryptocarpa from Serbia noticed that their ads are not shown by Google in certain regions of the world. After a short trial the experts found out that the key word «» is banned in Google Ads and hidin...