Constantinople Hardfork from Ethereum was postponed due to a vulnerability identified, the Bitcoin network turnover grew by 54%. Binance Jersey will serve UK and EU citizens.
Another technical problem forced the Ethereum team to postpone the launch of the hardfork Constantinople. This time, disturbing news came from the company ChainSecurity, which found a network vulnerability to dual debit.
It was expected that Constantinople will start at 04:00 UTC on January 17th. However, after finding the problem, there is too little time left to fix it. In the course of the conference call, it was decided to postpone the launch for some time. This is not the first transfer of hard forks, which was originally planned for October 2018.
Te reason why hardfork was moved
Over the past six months, the number of transactions on the Bitcoin network has increased by 54%. The daily volume increased to 326,000 operations in January, against 176,000 in July. Moreover, these figures do not take into account the work performed on scalability, when several operations are collected in a single chain.
At the same time, researchers from BitInfoCharts pay attention to an important point - up to 20% of operations uses the VeriBlock project. It is designed to ensure the security of other cryptocurrencies through the Bitcoin network. Although the comparison of numbers cannot be called completely correct, there is clearly a trend towards an increase in user activity.
The largest in terms of turnover of trades cryptocurrency exchange Binance opens a new trading platform. It will be located on the island of Jersey and will allow residents of Britain and the EU to trade in digital financial assets.
Binance Jersey will be considered a fully independent legal organization, but will use the technology and infrastructure of the parent company. It is expected that the new exchange platform will give jobs to 40 new employees. Its opening was held with the support of the agency Digital Jersey, which deals with the economic development of the island.