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Ethereum (ETH) Constantinople Hard Fork - Printable Version

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Ethereum (ETH) Constantinople Hard Fork - Carsten - 2019-01-10

A hard fork is coming to ETH. It will go from PoW to PoS. If you have ETH you will also get the new coin. For me it's time to buy more. They just dropped 10% in value.

"All the Ethereum hodlers will get 3 ETCV (Ethereum Classic Vision) coins for every ETH in their private wallets. This hard fork is about to happen on 11th January 2019 - Ethereum hard fork date."

Read more here https://coinswitch.co/news/ethereum-hard-fork-jan-19-know-everything-about-3-upcoming-eth-hard-forks


RE: Ethereum (ETH) Constantinople Hard Fork - BobBobert - 2019-01-10

Was this planned beforehand? I have heard nothing about it until this post.


I am not a fan of forks in general - they create confusion and discord and will only put off "normal" people.


RE: Ethereum (ETH) Constantinople Hard Fork - Carsten - 2019-01-10

Yes it has been planned a while. ETH price is dropped from $150 to $134. It's panic so those who stay and buy more will be rewarded. I'm quite sure of that.


RE: Ethereum (ETH) Constantinople Hard Fork - Junior - 2019-01-10

This is a good hard fork and it has been underway for a long long time. Glad to see it will finally happen.


RE: Ethereum (ETH) Constantinople Hard Fork - Hugues - 2019-01-10

Yes normally it was planned for 2018.

Ethereum Will Eventually Achieve 1 Million Transactions Per Second

https://medium.com/futuresin/ethereum-will-eventually-achieve-1-million-transactions-per-second-dbdfc84772c7


RE: Ethereum (ETH) Constantinople Hard Fork - Hugues - 2019-01-13

3 hardforks in januari 2019

1. Classic Vision Hard Fork: 3 ETCV/ETH

2. Ethereum Nowa Hard Fork: 1ETN/ETH

3. Ethereum Constantinople Hard Fork (about to happen during the next week): Probably no new coins are expected to see the daylight.
Constantinople hard fork around Wednesday 16 January. Expectations are that there are no differences in this update of Ethereum, so there will be no split like that at Bitcoin Cash and Bitcoin Gold.

The Constantinople fork will - as expected - cause the old blockchain to disappear, just like the Homestead fork. This was not the case with the Byzantium fork, when the other blockchain did exist in the form of Ethereum Classic (ETC). Explained in simple words:

Fork
When there are major changes to the blockchain, we speak about a fork. This can be seen as an update of the software, which is called the protocol in cryptoland. With such major changes in the protocol, the blockchain splits. One continues as it was and one gets the changes. If there are enough people to keep it alive, the old blockchain will continue to exist without changes or with their own changes. Examples of forks are Bitcoin Cash (BCH) and Bitcoin Gold (BTG).

At Ethereum such a fork took place in July 2016, when Ethereum continued to exist with the Byzantium update and on the other hand Ethereum Classic (ETC) was created. People who have Ethereum (ETH) do not have to worry. As with other forks, you get cryptos from both blockchains. With a bit of luck, the old chain will continue to exist and you will have a new crypto and you will at least keep your ETHs.

Maybe this is a better explanation than mine:
https://medium.com/mycrypto/ethereum-constantinople-everything-you-need-to-know-a47f3a16f3d2


RE: Ethereum (ETH) Constantinople Hard Fork - Hugues - 2019-01-13

At this moment I am doing an investigation on ETN and ETCV.
It could be a scammy fork.
The Constantinople fork seems to be ok.
To be continued.

Be warned for now; do not attemt to claim your ETN and ETCV. The procedure looks like trying to steel your private key. We all know what it means when someone has controll over your private keys....

Is ETCV a scam?

Based on the white paper and other communication, we know the following about this hard fork. The goal is to combine the best of Ethereum Classic (ETC), real decentralization, with the best features of Ethereum (ETH), PoS mining and sharding. For example, a platform must be created that is independent of any government, can process many transactions and can offer low costs.



The above sounds very interesting, but there are many users who doubt the legitimacy of this new initiative. What are the results after some research. Let’s list some details.


The mining block is missing
Normally it is announced from which block the blockchain splits up. That is not yet known for this hard fork.


The development team is unknown
Normally a good team is a basis for confidence in the currency. At this moment there is no official information about the team. Based on the messages on the website of etcv, which speaks of a development team of Ethereum Classic. Meanwhile we have heard a name, but it is certainly not official. That is why we do not call it until we have a reaction. It is remarkable in any case.


The Twitter account has been suspended
On the website, Twitter is referred to as one of the contact options. However, this account is suspended, according to the notice in connection with 'suspicious acts'.


It also refers to a Github account, but that seems pretty empty.

The White paper (and what is not) (since the website is not live anymore, there is no whitepaper, but I have a copy of the updated version. If you want a copy, just ask me.)

Of course, this hard fork also published a white paper, which you can (not anymore) access via the site. In connection with any changes on the site, I have the version of the white paper available for inspection. There are a number of issues.

In the white paper there are two passages which, according to a check via Copyscape, have been taken over from Waves (WAVES) white paper. These are the following (matching pieces are thick printed):

At present, the cryptocurrency market is experiencing one of the most difficult stages so far. Prices of Ethereum and Bitcoin are decreasing, transaction processing times remain low, falling mining rewards, storage costs and suggested solutions forscaling and energy problems inefficiencies that are far from implementation.Blockchain fans have long hoped to see and help build a world where cross-border transactions are instant and free, where individuals can run their business without interference from banks or other authorities, and consent will not depend on trust between the parties.
Wave X is a new digital currency that intends to bridge the gap between hope and reality. Being the hard-fork of Ethereum, the system will use the most advanced solutions offered for the world’s second largest digital currency, while still maintaining the ideals of decentralization. This project will combine technologies such as sharding, P2P asset sharing, dApp development tools, and decentralized file storage using IPFS. Starting with a PoW-based system, it will then offer a stable prize for the transaction validator through Proof of betting recognition. While at the same time creating an optimal environment for creating new assets. “
The white paper does not mention a number of things that you would expect. For example, information about the total amount of available coins is missing. Also details about mining, mining rewards and PoS are missing.



The website (this morning it was still live but with a warning from metamask, at this very moment it is completely offline)
On the ETCV website we do not see various things that we do expect. For example, there is no clear address or contact information. Also missing here is an overview of the team. According to reports at various forums, there has been a page with the 'team', but it was removed after it appeared that the photos came from a photo bank.

The website indicated on January 2 that various wallets would be available. In the meantime this information has also been removed and there is only one Wallet available, the ETCV wallet. Also very strange,

Does ETCV get its own currency?
The etcv indeed gets its own crypto coin, in the form of a token. Owners of Ethereum receive 3 ETCV for each ETH. To get that one follows a complicated procedure. This procedure also raises questions.

You can only get the ETCV if you store your Ethereum (ETH) in a private wallet. Wallets at trade fairs are not included. You then have to create an ETCV wallet on the site. The ETCVs are deposited there.


If you follow this procedure and want to make a wallet via the site of etcv you will be redirected to another site, etcvwallet.com. Also on this site no contact details or contact persons can be found. You have to create a wallet there and the ETCVs are then deposited. However, this site is registered as a scam site that tries to get behind private keys for Ethereum via phishing.


Conclusions
The cases that observed here, will be reason for many users of a fundamental analysis to skip this hard fork. I do recommend that you be careful and consider carefully whether you want to receive the ETCV in this way.

As always: 'If you do not have the private key, you do not have the cryptocurrency'. Therefore, never allow yourself to be tempted to issue or access your private keys if you do not explicitly agree with them.


RE: Ethereum (ETH) Constantinople Hard Fork - Hugues - 2019-01-13

Do I have to do a deep research for Ethereum Nowa too.
I believe not after I give you the following facts.
The site is still live, so go and have a look at the section where you can see the names and pictures of the so called team are missing.
http://ethereum-nowa.com/
If you have a look in the past https://web.archive.org/web/20181202215858/http://ethereum-nowa.com/
You will find a section with the names and pictures.
Let's analyse some pictures:

  1. George Alexiev 
  2. Oscar Machado 
  3. Lasse Clausen 
  4. Daniil Kostin 
  5. Dan Handy 
  6. Gerardo Rivas 
  7. David Jevans 
  8. Henry Polar



RE: Ethereum (ETH) Constantinople Hard Fork - Carsten - 2019-01-13

(2019-01-13, 02:47 PM)Hugues Wrote: Do I have to do a deep research for Ethereum Nowa too.
I believe not after I give you the following facts.
The site is still live, so go and have a look at the section where you can see the names and pictures of the so called team are missing.
http://ethereum-nowa.com/
If you have a look in the past https://web.archive.org/web/20181202215858/http://ethereum-nowa.com/
You will find a section with the names and pictures.
Let's analyse some pictures:

  1. George Alexiev 
  2. Oscar Machado 
  3. Lasse Clausen 
  4. Daniil Kostin 
  5. Dan Handy 
  6. Gerardo Rivas 
  7. David Jevans 
  8. Henry Polar

LOL. scammers. You miss this guy:

[Image: Dl_fQppW4AAChYo.jpg]


RE: Ethereum (ETH) Constantinople Hard Fork - Hugues - 2019-01-13

(2019-01-13, 03:11 PM)Carsten Wrote:
(2019-01-13, 02:47 PM)Hugues Wrote: Do I have to do a deep research for Ethereum Nowa too.
I believe not after I give you the following facts.
The site is still live, so go and have a look at the section where you can see the names and pictures of the so called team are missing.
http://ethereum-nowa.com/
If you have a look in the past https://web.archive.org/web/20181202215858/http://ethereum-nowa.com/
You will find a section with the names and pictures.
Let's analyse some pictures:

  1. George Alexiev 
  2. Oscar Machado 
  3. Lasse Clausen 
  4. Daniil Kostin 
  5. Dan Handy 
  6. Gerardo Rivas 
  7. David Jevans 
  8. Henry Polar

LOL. scammers. You miss this guy:

[Image: Dl_fQppW4AAChYo.jpg]

This face is to ugly to put on any commercial image bank.

What do we have to do now because of this hard forks happening?
How to claim these new coins? Any idea?