Ethereum received a record price $ 519.85

Today Ethereum the first time exceeded the bar in $ 500
29 November 2017   1656

Ethereum is the second cryptocurrency by the capitalization. As of 13:15 UTC, the weighted average rate of ETH, according to Coinmarketcap, was $ 519.85. Over the past day, the price of this cryptocurrency has grown by 10.17%, and over the last seven days this figure was 42.01%.

Ethereum's capitalization is also close to historical significance. At the moment it is estimated at $ 49.9 billion. Earlier today, the $ 11,000 mark exceeded the weighted average bitcoin rate, and also set new price records for Monero, Litecoin and Dash. The aggregate capitalization of the market for this hour is estimated at $ 338.9 billion, of which 54.9% account for bitcoin.

Ethereum is a platform for creating decentralized online-services based on the blockchain, working on the basis of smart contracts. Implemented as a single decentralized virtual machine.

Constantinople Hardfork Code to be Included in Geth

Go-ethereum (Geth) v1.8.20 assumes that hardfork in the main Ethereum network will take place at block 7,080,000 (approx. between 14th - 19th Jan 2019)
13 December 2018   133

Developers of Geth, one of the most popular clients of Ethereum, presented a new version of the software with the included code of the upcoming hard fork Constantinople.

Go-ethereum (Geth) v1.8.20 assumes that hardfork in the main Ethereum network will take place at block 7,080,000.

Consensus regarding the block number for activating hard forks was reached last week during a regular video conference of leading Ethereum developers. According to Afri Shedona, release manager of another popular client of the network Parity, a block of 7,080,000 will be mined between January 14 and 18, 2019.

At the same time, Ethereum Foundation’s head of security noted that the new version of the go-ethereum client would contain a kind of “emergency switch” that would postpone the upgrade if something went wrong.

Originally scheduled for November, the Constantinople contains a number of changes and code optimizations designed to ease the transition to the Proof-of-Stake algorithm. In particular, they include the transfer by 18 months of the so-called “bomb of complexity”, which contributes to timely upgrades, and also suggests a decrease in the reward to miners from 3 to 2 ETH for the mined block.