Ethereum Is Finally Set For Constantinople and St. Petersburg Hard Fork At Block 7,280,000

Ethereum is finally set for its Constantinople and St. Petersburg hard fork at Block 7,280,000. The hard fork formerly scheduled to hold on the 25th of February is now set to hold on the last day of February.

A New Date For Ethereum Hard Fork

According to a press release of ethereum, posted by Hudson Jameson on February 22, the ethereum network will be undergoing a scheduled upgrade at block number 7, 280, 000. This is predicted to take place on the 28th of February.
The release noted that the exact date is subject to change depending on block times between now and then. And this could be activated 1 to 2 days before or after. It was stated that “a countdown timer can be seen at You can monitor the network upgrade in real time at”
Previous network upgrades have been given other names such as Spurious Dragon and Byzantium.
Meanwhile, the hard fork was supposedly Constantinople only before is now inclusive of St. Petersburg hard fork also. The reason was given for making it two hard forks is because of the original Constantinople network upgrade that was postponed. There will now be two protocol upgrade on the same block number to fix issues on various ethereum test network such as Ropsten.

Instructions For Ethereum Stakeholders

The long-awaited hard fork since January is set to take place, and as noted in the press release, there are roles for members of the ethereum community to play.
The ethereum users or holders that use an exchange, a web wallet service, a mobile wallet service, or hardware wallet do not need to do anything unless they are informed to take additional steps by their exchange or wallet service.
Also, the node operators and miners are to download the latest version of their ethereum client to stay compliant with the processes. If a miner is using an ethereum client that is not updated to the latest version, the client will sync to the pre-network upgrade blockchain once the upgrade occurs. The miner will be stuck in an incompatible chain following the old rules and will be unable to send ether or operate on the post-upgrade ethereum network.
The hard fork is undertaken as a step to transit from Proof of Work (PoW) protocol to Proof of Stake (PoS) protocol (Casper update). This is expected to make the ETH network faster and less costly to operate. It might be controversial as it would decrease the miners’ reward from 3 ETH to 2 ETH as well.

Related posts
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTETFNewsxbtusd

Bitcoin May Never Go Below $50k Once An ETF Is Approved, Declares On-Chain Analyst

Bitcoin may never drop below $50k asserts on-chain analyst Ki-Young Ju. But as usual, there are conditions that follow this possibility. In a tweet, Ju analyzed that Bitcoin could follow the same path that gold took in 2004 when the first…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Quarterback Star Tom Brady Breaks Internet After Showing Interest In Bitcoin

Tom Brady, the American athlete who is widely regarded as the “greatest” quarterback in NFL history is the latest celebrity to show interest in the world’s most valued cryptocurrency Bitcoin. Brady who has a massive Twitter following of 1.9 million…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Almost $200 Billion Worth Of Bitcoin Is Currently At Risk – Report Warns

A recently published 2021 crypto report by Opimas LLC, a finance-based management consultancy firm, has revealed that approximately 3,480,000 out of the world’s mined 18.5 million Bitcoin, stands vulnerable to attacks as a result of improper safekeeping. The 36-page report…