ConsenSysMedia: What is 'The Thirdening'? (Ethereum's Constantinople Update)

  • Sunday, 13 January 2019 02:51
ConsenSysMedia: What is 'The Thirdening'? (Ethereum's Constantinople Update) © ConsenSysMedia
On January 16, 2019, Ethereum will undergo the Constantinople Update which implements several improvements to the core Ethereum Protocol. EIP 1234, aka "The Thirdening", will reduce the block reward size for Ethereum Miners from a 3 ETH reward per block solved to 2 ETH. This reduction in new ETH tokens created will lower the overall Ethereum inflation rate. We're excited to watch this all play out. To learn more head to - http://www.consensys.net #TheThirdening

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