Constantinople: Ethereum’s Network Upgrade to Reduce Mining Rewards By 33%

Article written by Omar Faridi from CryptoGlobe latest articles. Read full article here.
Ethereum’s developers have decided to move forward with the Constantinople hard fork, which will implement five distinct ethereum improvement proposals (EIPs). Scheduled tentatively for October 8th, the Constantinople update will make permanent changes to Ethereum’s codebase. These modifications will aim to make processing information on the Ethereum blockchain more efficient, while also reducing mining rewards from 3 ETH to 2 ETH (per block).

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