I love a good pun and the long awaited Ethereum hard fork has provided plenty…



Fork in the road...

Anyways, let’s talk about what the fork is going on.

After multiple delays, Ethereum, the second largest cryptocurrency, underwent two hard forks. The sixth and seventh system-wide upgrades to the software, Constantinople and St. Petersburg, initiated at block number 7,280,000 Thursday evening.

First off, what is a “fork?”

A fork is largely a change in programming to the blockchain protocol as a whole. Depending on the fork, it can be driven by the need for general system upgrades or a difference in opinion from the community around scalability, safety, and overall philosophy. Most of the headline-catching forks are “hard forks,” in which the new version renders the older invalid. “Soft forks” actually result in a new version of the protocol that is compatible with the old version.

In many hard forks, the result is two different versions of the protocol that operate independently post-fork. This is how we have BCH (forked from BTC), ETC (forked from ETH), and most recently, Bitcoin SV (forked from BCH).

The Constantinople hard fork Thursday implemented five upgrades that included introducing bitwise shifting to more efficiently process information, off-chain transactions, the optimization of large-scale code execution, the reduction of mining rewards from 3 ETH to 2 ETH, and the reduction of gas costs in certain instances.

The second hard fork, St. Petersburg, addressed security vulnerabilities in a previous update, deleting it from Ethereum’s test networks.

The two forks were successfully implemented, and so far, it looks as if there is no split in the blockchain.

Following the fork, Ethereum’s price remains flat:


Welcoming Ethos to the Voyager Family

Today, we're excited to announce that Ethos, a leading Universal Wallet & Blockchain Service Provider, has officially joined Voyager.

By combining Voyager’s state-of-the-art crypto trading technology with Ethos’ robust self-custody solution for storing, sending, and receiving assets, we bring to the market a truly integrated, all-in-one crypto solution. Read more.

There’s No Crypto Winter in Argentina, Where Startups Ramp Up to Meet Demand

While bitcoin advocates point to politically fraught Venezuela as a prime example of crypto adoption, they often overlook the more business-friendly hub a bit farther south. Since Argentina has a sordid history of banks restricting customer access, plus an inflation rate that hit 47 percent in 2018, bitcoin isn’t a hard sell these days. Read now.

Russian President Putin Orders Government to Adopt Crypto Regulation by July 2019

According to the document, Pres. Putin has ordered the government to enforce crypto-related regulation by July 1, 2019. The President has required the Council of the Federation of Russia and the lower house the Federal Assembly of Russia (Russian State Duma) to adopt the regulation during the spring session of 2019. Read more.

Brave Software and TAP Network Put Blockchain to Work with New Partnership

Brave Software, an innovative privacy browser combined with a blockchain based digital advertising platform, and TAP Network, the first advertising and data network that connects brands to reward consumers directly using blockchain, today announced a partnership at Mobile World Congress that will allow Brave users to redeem Basic Attention Tokens (BAT) for real-world rewards offered by over 250,000 top brand partners in the TAP Network. Read more.

Bolivars to Bitcoin: Activists Take Down Venezuela’s Maduro in Crypto Art Exhibit

At least his visage, painted on 1,000 bolivars by cryptocurrency-focused artist cryptograffiti, will be. The destruction of the artist’s newest piece – an 11-foot by 10-foot portrait of the Venezuelan leader – will happen in Cucuta, Colombia, about 500 yards from the Simon Bolivar Bridge, a landmark hundreds of thousands of Venezuelans have walked across to escape the poverty of their home country. Read more.

74% of All Bitcoin Nodes Are Located in 10 Countries, Data Shows

Data shows that 74% of all nodes on the Bitcoin network are located in only 10 countries, with the United States leading the pack, followed by countries in Europe and China. Read more.

Wall Street Journal CIO Network: Blockchain Adoption Is Still Early

Experts and industry players have said that the adoption of blockchain technology is still in its early stages at the annual meeting of The Wall Street Journal CIO Network, The Wall Street Journal (WSJ) reported Feb. 26. Read more.

Another Tech Guru Said They Still Believe In Bitcoin Despite Price Crash

While the bitcoin price has struggled, bitcoin supporters have remained hopeful it will continue to grow, with the likes of Twitter's Jack Dorsey and Tesla's Elon Musk heaping praise on bitcoin and its underlying technology. Read more.

Swiss Banking Giant Julius Baer to Offer Its Clients Crypto Asset Services

Swiss bank Julius Baer plans to provide its client access to digital asset services, following a partnership with crypto bank startup Seba Crypto, a press release from Julius Baer reveals on Feb. 26. Read more.

JP Morgan Is Quietly Testing Cutting-Edge Ethereum Privacy Tech

JPMorgan Chase’s blockchain team is increasing its firepower around a branch of mind-bending math called zero-knowledge proofs (ZKPs). Read more.