When does Ethereum branch (Ethereum settlement time)

When does Ethereum bifurcate

When does Ethereum bifurcate when does Ethereum bifurcate On November 16, 2020, at the ETH developer meeting, a member mentioned that we had already completed hard coding before the merger of eth1 and eth2 (possibly with one more change). Now we will make some minor upgrades, but this upgrade will not affect the main network; If it doesn’t go smoothly, we need to consider the impact of these changes and whether they will lead to future development Why does it say there are forks? In the ICO boom in 2018, many people knew that Ethereum was the first product to enter the mainstream field and be used by a large number of users, so many project parties began to pay attention to this technology. However, after the ICO foam in 2017, many projects began to try to distinguish themselves from other tokens, including DeFi agreement, decentralized exchanges, etc. Recently, there have been various disputes in Ethereum community, among which the biggest dispute is the split of Ethereum. Vitalik Buterin, the founder of Ethereum, said: “I think this technology is very powerful and cool.” He added: “This is a real game, which makes people believe that blockchain can achieve anything.” In the third quarter of 2019, Ethereum developers published an article called “The Merge”. The article points out that although Ethereum’s transformation from PoW to POS is developing rapidly, I am still optimistic about the potential of ETH2.0. “Although Ethereum is still in its early stage, Ethereum will continue to grow over time.”

According to the official introduction, the merger between ETH1 and ETH2 is one of the most common technology transformations of Ethereum. The main purpose is to solve the problem of ETH1.0, not to improve the utilization rate of ETH2.0. However, for projects that attempt to utilize smart contracts, this conversion is actually not very useful. In fact, when it comes to ETH2, most people will ask: Do you think there is any way to improve the Ethereum system? Or what is Ethereum 2.0? ” Vlad Zamfir, a researcher of the Ethereum Foundation, told the media, “I did find some different problems”, such as EIP-2929, Ropsten test network, Rinkaby test network, the launch of beacon chain and other major events. ” The original text is sourced from zycrypto, compiled and organized by the BluecountainLabs team. The English copyright belongs to the original author, and if reprinted in Chinese, please contact the editor

Ethereum settlement time

The daily settlement time of Ethereum is 9:00 p.m. Beijing time on August 11, and the settlement time of other mainstream digital assets such as Bitcoin and Ethercoin is 3:00 a.m. For most traders, the reason why the price of Ethereum fell due to market fluctuations is that people began to look for safer ways to hedge inflation and reduce the time of holding ETH, and then chose to transfer these funds to contracts for trading, ultimately achieving Profit maximization and achieving the desired effect. But for those who believe they have risks but do not want to take risks, they may need to incur some costs.

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