The latest digital currency news show that a bunch of core developers at Ethereum (ETH) have finally decided to share a date for the Constantinople hard fork, which is now again delayed until late February.
It seems that this situation is raising a lot of eyebrows but at least we have a confirmation about it. As announced by a team lead at Ethereum named Peter Szilagyi in a tweet, the upgrade is now set to be implemented at ETH block 7,280,000.
This is not the first time Ethereum has delayed Constantinople. However, in the announcement, Szilagyi explains that the activation fork is expected to be mined on February 27th this year, implemented as “a single fork on mainnet and a post-Constantinople-fix up fork on the test nets to get them back in line feature wise with the main network.”
This new deadline comes in times when there is an unexpected delay over a recently discovered security vulnerability which allows a reentrancy attack, detected in Constantinople’s code by the smart contract audit firm ChainSecurity.
The vulnerability allows a potential attacker to steal cryptocurrency from a smart contract on the network – by repeatedly requesting funds from it while feeding it false data about the malicious actor’s actual ETH balance.
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For those of you who don’t know, the upcoming Constantinople hard fork is an upgrade to the ETH network which encloses separate Ethereum Improvement Proposals (EIPs) in order to soften the transition from the current proof-of-work (PoW) to the more energy efficient proof-of-stake (PoS) consensus algorithm.
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