Constantinople Ethereum hard fork may be delayed; $3M given to startups by ETH Foundation
Constantinople Ethereum hard fork may be delayed; $3M given to startups by ETH Foundation

Constantinople Ethereum hard fork may be delayed; $3M given to startups by ETH Foundation

By Adrian Zmudzinski - 16 Oct 2018

Chevron down

After this Saturday the implementation of Constantinople has stalled the Ropsten testnet and the deadline of the activation on the mainnet is being put into question.

Meanwhile, the Ethereum Foundation has granted $3 million to startups for the development of the ecosystem.

The next Ethereum’s programmed hard-fork, Constantinople, implements five EIPs has crashed the Ropsten testnet this Saturday.

The update is scheduled to become a part of the main network this November. Lane Rettig, an independent Ethereum developer reportedly told coindesk:

“We should take our time to understand what went wrong and how to avoid issues like this in the future – not just the low-level code issue but all of the related issues (the mining issue, communication issues over the weekend, how it wasn’t caught by the tests, etc.) There’s a lot of forensics still to be done.”

Moreover, he also noted that “if an upgrade causes a fork on the testnet, we should put the mainnet release on hold for some minimum period of time” concluding that he “would expect it to get delayed to 2019.”

“If I were to make a wager on a prediction market I would put my ETH on late January, early February.”

The update was meant to reduce the block reward from 3 ETH down to 2 ETH and introduce bitwise shifting (EIP 145), optimize large-scale code execution (EIP 1052), improve data storage pricing (EIP 1283) and state-channel based off-chain scaling solution support (EIP 1014).
Not a catastrophe
As pointed out by Rettig what happened is precisely what should have happened. The Ropsten network is a testing ground for new code, and it is meant to be broken.

The worst that can happen isn’t that the testnet stops working. The worst that could happen is a bug that goes unnoticed because it hasn’t been triggered on the testnet and moves onto the mainnet.

Ethereum Foundation grants nearly $3 million

The Ethereum Foundation announced yesterday that it had awarded almost $3 million to help the development of the platform. $2.86 million has been given to 20 developers or groups working on clients trying to enhance their scalability, security, usability, and diversity.

The main grant has been awarded to Prismatic Labs and Status — half a million dollars each — to build clients for what has been dubbed as Ethereum 2.0. Another $420k together has been awarded for the development of an open-source SDK for non-custodial payment channel hubs to Kyokan, Connext, and Spankchain.

The post goes on stating:

“We would not exist without the time and energy that you put into Ethereum. While the program continues to grow, we will increasingly continue to involve more community members in the decision making process. The Grants Program today is vastly improved from just earlier this year, thanks to all the helpful feedback from the community, allowing us to provide better public tools and infrastructure.”

Adrian Zmudzinski
Adrian Zmudzinski

Adrian is passionate about technology and Information Technology (IT). Adrian specialized in the analysis of tokens, the blockchain technology, and cryptocurrencies. His interest in Bitcoin dates back to 2009 and it rapidly transformed into a more general interest of the still arising cryptocurrency industry. His analyses are concerned mostly by the technological potential underlying the analyzed token.

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