Ethereum Constantinople Rollout Will Take Place in February 201926

According to a Twitter confirmation by Ethereum team lead Peter Szilagyi, core developers at Ethereum (ETH) have proposed that Constantinople, a system-wide upgrade that was planned to be released on January 17, has been postponed to the end of February. The tweet stated that the hard fork, which is set to be released on block 7, 280,000, will go live on February 27, 2019.

Constantinople contains various Ethereum Improvement Proposals (EIPs) created to ease the transition from the current proof-of-work (PoW) to the proof-of-stake (PoS) consensus algorithm, which has been found to be more energy-efficient. Before the introduction of Constantinople, the ETH network would ideally charge 5,000 gas for storage operations, which is much more than the 2,300 gas sent out when contract calls are made using the send or transfer functions.

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