Ethereum Postponed Hard Fork Until Late February

Ethereum Postponed Hard Fork Until Late February

Ladies & gents, Peter Szilagyi – a team lead at Ethereum – tweeted this yesterday (January 18): “Seems we’re going with block 7.28M for the #Ethereum Constantinople refork scheduled for the 27th of February! Will be a single fork on mainnet and a post-Constantinople-fixup fork on the testnets to get them back in line feature wise with the main network.”

Sweet, huh? The words are beautifully written to disguise an ugly reality: February 27th is the new deadline, not something that was scheduled initially. Nice try, guys, nice try. And no mention of a security vulnerability detected in Constantinople’s code?Duh. Ethereum team think we’re all f*cking imbeciles here, clearly. Guys screwed up and it’s us who’ll have to deal with consequences.

I’ll take the role of an Ethereum spokesperson to remind you what’s the fuss of latest days is all about. So, the sh*t (or, using a beautiful word, “vulnerability”) in Constantinople’s code allows hackers to steal crypto from smart contract on the network. This is happening via repeated requests of funds from it while spreading false data about attacker’s actual ETH balance. Neat, huh? So, you see, all these postpones and delays are needed to patch this loophole.