The implementation of Metropolis on the Ethereum network remains unconfirmed
Ethereum developers have not yet released official data on when the Ethereum hardfork, dubbed Metropolis, will finally be implemented on the blockchain.
After the movements generated by the Bitcoin hardfork, which officially ended a few days ago and caused Bitcoin to be divided into Bitcoin Cash, the next big movement in the world of cryptocurrencies arrives. Ethereum is the next cryptocurrency to undergo a hardfork, called Metropolis. This update would improve some very important aspects of the blockchain, improving the level of infrastructure functioning of this digital currency, especially in the field of stability. The developers have not announced the official arrival date of Metropolis and the associated changes.
Initially, a Roadmap was presented regarding the final stages of the execution tests, which was presented in an open meeting, which was held by the group of main developers. The launch is scheduled to be in August or September of this year, but in the end the proposal was rejected, because the level of development of Metropolis at the moment does not go hand in hand with the initial forecasts.
Metropolis represents the third of four updates planned for the Ethereum network by the developer team. Within the roadmap presented by the main developers, Metropolis, it was an important point of improvement for the general use of the platform in terms of content and programming. This hardfork is divided into two parts, called Byzantium and Constantinople, which include fundamental modifications to activate the necessary changes.
During this weekend, the programmers in a meeting, have successfully established all the necessary specifications for the Ethereum protocol. After this point, developers are at an optimal time for the next step, which is based on testing the hardfork within the testnet. Depending on how this test works, a final date will be established for the final implementation of the update. The tests will begin shortly, between the remainder of the month and the beginning of September and the testing period is expected to be about three or four months. This means that at the earliest the end date of the hard fork will be at the end of September or the beginning of October.
What does this mean? Will it be split like bitcoin and bitcoin cash? Who has ethereum will they give the 2 coins? Is the original eth going to keep the price or is it going to split in half? How does this affect mining? Since it is worth half ... With what has already increased. It is not worth it at all.
Make no mistake, it is simply one of the planned updates to the Ethereum blockchain that is not going to break anything. An improvement is simply made for the Ethereum network, heavily penalized by the amount of ICOs generated under this blockchain and to improve scalability. There is nothing to fear, as the value will not fall, on the contrary, it could rise like foam.
That's what I think, which will be for the better with the consequent increase in price.