Acne, live: hardwork Constantinople overvalued market

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2019-02-07 23:15:06

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Acne, live: hardwork Constantinople overvalued market Source:

Acne Buterin gets too much attention, after all, his last experience in overrated. Representatives of the research firm Cumberland Research said that market players are pinning too much hope on hardwork Constantinople and Serenity.

Recall the testing of Constantinople began last year, the same was supposed to happen hardwork. Unfortunately, due to the many difficulties developers of Ethereum had several times the final date of integration of the upgrade. If any more transfers will not, Constantinople must activate at the end of February.

the

Who needs Constantinople?

Ethereum Foundation believe that to leave the Ethereum in its current form is impossible. The ecosystem of the Ether is not yet able to withstand millions of decentralized applications and to be scalable at a sufficient level. That is why bitcoin really need the transition to Proof-of-Stake.

Cumberland Research is more focused on another point of the plan is developer — Ethereum 1.x. This upgrade until June 1, 2019. Although Ethereum 1.x has not even submitted for EIP, analysts believe it was his main key to solving most of the problems of the project. In addition, the June upgrade should produce a greater impact on the market price of ETH.

The First steps on the path to the Ethereum 2.0 is already done on 31 January, the developers announced the first of a series of weekly updates for February 2019. Phase 0 in v0.1 is already stable and ready for the final release. In addition, we have launched a new testnet called Gorli.

Source: CoinMarketCap

At the moment Ethereum is trading at $ 105. For the past day, the cryptocurrency rose 1.7 percent, while its market capitalization increased to $ 11 billion. For the latest updates regarding our stay in Constantinople .

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