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Constantinople will be held in February, hardfork Tron, the laws of India

02/26/2019
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  • cryptocurrency_India
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Hardfork Constantinople Ethereum is scheduled for February 28, the Tron blockchain is expected to be updated. The Supreme Court of India is waiting for laws regulating cryptocurrency.

Hard forks Constantinople and St.Petersburg will be held on February 27

The long awaited hardfork on the Ethereum blockchain is scheduled to take place on February 27th. This is an approximate date, since the unpredictability of mining doesn’t allow exact identification of the moment of receipt of block No. 7 280 000. It was originally planned to be updated in October 2018, but technical problems did not allow it.

The developers in their blog reported that they have eliminated all possible problems. Previously identified vulnerability will be eliminated by another fork - St. Petersburg. Total updates will affect five areas, after which the efficiency of the blockchain will increase significantly. The largest cryptocurrency exchanges have already announced that they will support developers in the implementation of Constantinople and St.Petersburg.

Hard forks Constantinople and St.Petersburg will be held on February 27

There are plans to hold hardfork on Tron blockchain

Hardfork Tron blockchain is scheduled for February 28th. The developers decided to add several functions to it, which will allow to attract institutional clients for cooperation. Thanks to the update, the network will be able to withstand industrial-scale loads. The team of this blockchain has very ambitious plans, and positions itself as the "ethereum killer".

Now one of the largest projects running on this platform is BitTorrent Speed. The sale of tokens at ICO took place in less than 20 minutes, and after the asset entered the free market, its price increased by 800%. At the same time, the information about hardfork blockchain Tron led to a short-term surge in demand.

There are plans to hold hardfork on Tron blockchain

The Supreme Court of India is tired of waiting

In the spring of 2018, the Central Bank of India banned credit institutions from servicing cryptocurrency trading floors. Those were forced to go to court, and eventually reached the Supreme Court. However, there can be no final decision.

Since that time, the government has not adopted any rules in the field of regulation of cryptocurrency turnover. As a result, India accounts for only 0.2% of the global economy in the blockchain area. In fact, this lagging threat threatens with the emergence of global problems. Therefore, the Supreme Court gave the authorities 4 weeks to publish the rules for the regulation of cryptocurrency.

The next stage of regulation of the cryptocurrency market in India

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