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cryptofreak

Activation of Ethereum's Constantinople and St. Petersburg network upgrades successful

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Ethstats.net revealed tha Ethereum's Constantinople and St. Petersburg network upgrades took place. 

In accordance with the schedule released previously, the updates were live at block 7,280,000 of the main network. The two names of the two originally separate updates of the upgrade has now been merged as one.

 

According to ethernodes.org, the update has not been adopted by all the users of Ethereum. Just 22.3% of Geth and Parity clients are currently running the Constantinople-compliant version.

Constantinople aims to bring great Improvements to the platform such as lesser fees charged for some transactions performed on the Ethereum network. As reported earlier, there was a delay in the Constantinople hard fork in January because a new vulnerability was discovered.

 

The St. Petersburg upgrade was designed to clear off the initial update, Ethereum Improvement Proposal (EIP) 1283, from the test networks of Ethereum, since some vulnerability was found in the EIP. 

In January, major crypto exchange in the United States like Coinbase and Kraken were included among those supporting the upgrade of Ethereum. Other exchanges who have been monitoring the process even before the first attempt of implementation are Binance, Huobi and OKEx.

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