{"id":368241,"date":"2019-01-15T15:55:14","date_gmt":"2019-01-15T15:55:14","guid":{"rendered":"https:\/\/wncen.com\/?p=368241"},"modified":"2019-01-15T15:55:14","modified_gmt":"2019-01-15T15:55:14","slug":"only-16-of-ethereum-nodes-upgraded-before-hard-fork-its-a-nonissue","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/only-16-of-ethereum-nodes-upgraded-before-hard-fork-its-a-nonissue\/","title":{"rendered":"Only 16% of Ethereum Nodes Upgraded Before Hard Fork, it’s a Nonissue"},"content":{"rendered":"
Ethereum will migrate it’s blockchain from proof-of-work to proof-of-stake<\/a> in a hard forking event dubbed as Constantinople by January 16. But only 16% of its nodes are ready for the upgrade so far.<\/p>\n The message that is going out in the community is that miners are not ready to switch to PoS. The protocol, which is fairly more economical than PoW, does not require miners to put a massive amount of computational data to keep the network running and secure. Instead, it chooses miners to verify transactions based on how much Ether they hold.<\/p>\n The situation has prompted renowned developers such as Taylor Gerring to comment. The Ethereum Foundation co-founder said that a low miner turn up to support the Constantinople upgrade is a “huge problem.”<\/p>\n This is a huge problem<\/p>\n — tgerring.eth \u2694\ufe0f\ud83c\udf4c (@TaylorGerring) January 12, 2019<\/a><\/p><\/blockquote>\n\n