As February approaches its end, the cryptocurrency ecosystem is expecting two hard forks from Ethereum (ETH) this week: Constantinople and St. Petersburg upgrades. A TRON hard fork will also occur at the end of this month.
Ethereum’s (ETH) approaching Constantinople upgrade activates vectors for reentrancy attacks, as per ChainSecurity – a smart contract auditing platform, according to a Medium report on January 15, 2019. A reentrancy attack engages a particular function in a smart contract to be called several times before the smart contract is completely performed.
Ethereum’s (ETH) trading range reduced on January 15, as concentration shifted to the keenly awaited Constantinople upgrade expected in the next 24 hours. The hard fork, also known as the “thirdening” for trimming down the amount of new Ethereum discharged into circulation, is anticipated to bring technical changes to the globe’s third-biggest blockchain.
Another significant development for the Ethereum network is Constantinople, which is going to be implemented this January. This upgrade is also called “Ethereum 2.0” and the “New Ethereum”. The main aim of this fork is to improve the basic capacity of scaling within the framework of the network.