Market Analysis
Ethereum charts point to a price bottom. Will next week’s Pectra upgrade spark an ETH rally?
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Hard Fork News
During a hard fork, blockchain networks split into two different chains. A cryptocurrency hard fork results in two blockchains, in addition to two separate assets: the original and the forked asset. Cryptocurrency hard forks can be a benign, consensual upgrade spearheaded by the community, or the culmination of bitter debates that split a community into two separate chains and assets.
Multiple notable contentious hard forks have occurred over the years. In 2016, as the result of a hard fork, Ethereum (ETH) split in two, resulting in Ethereum and Ethereum Classic (ETC). And in 2017, due to another hard fork, Bitcoin (BTC) split into Bitcoin and Bitcoin Cash (BCH). Developers may cooperatively implement hard forks based on consensus from multiple parties. Communities may choose to hard fork cryptocurrency for a number of reasons, such as improving network speed.
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Ethereum validators supported raising the network’s gas limit on Feb. 4, increasing the gas limit to 36 million.
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Ethereum’s recent Pectra test on the Sepolia fork encountered an issue that was made worse by an unknown user sending zero-token transfers.
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Ethereum’s Pectra upgrade was successfully deployed on the Sepolia testnet, but developers may delay the mainnet launch due to unresolved issues on Holesky.
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Ethereum’s Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.
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BNB Chain’s Pascal hard fork aims to enhance Ethereum compatibility and smart contract wallet functionality.
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Cardano’s Plomin hard fork brings full decentralized governance, giving ADA holders voting power over key blockchain decisions.
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Quantum computing raises concerns over the security of Satoshi Nakamoto’s 1 million Bitcoin, sparking debates on freezing vulnerable holdings to safeguard the network’s future.
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Researchers said it was the first time a quantum computer “posed a real and substantial threat” to encryption, but multiple limitations still hamper a full-scale hack.
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The upgrade will transform Cardano governance in the coming months, enabling ADA holders to participate in the voting process.
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The Cardano network is ready for the Chang hard fork, part of the transition to the Voltaire era of decentralized network governance.
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The first phase of the Chang era is the beginning of the network’s transition to decentralized governance.
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The Cardano node GitHub page was updated with the new version, Node 9.0, which can be used to implement the upcoming hard fork.
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Chang will be the first hard fork in the final era of Cardano’s roadmap, introducing community-run governance and on-chain community consensus.
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The Cardano founder is fighting FUD again following a BitBoy video claiming ADA is dead.
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