hard fork

Software engineers successfully deployed a fix to the nascent blockchain network.

The upgrade onto the blockchain platform’s mainnet is still on track for Sept. 12

All hands on deck to fix bug created by an old version of the Geth client, which is used by 75% of the Ethereum nodes

Ether briefly enters a deflationary cycle as more blocks were burned than issued during one cycle.

There wasn’t a chain split, a price crash, or the end of the world’s computer as miners went along with forking Ethereum and integrated EIP-1559 as part of the London Hard Fork. But Institutional investors are now casting a wary eye on something called MEV.

Nearly 70% of the clients on the network signal support for EIP-1559, but opposition is abound.

Days before the London Hard Fork and EIP-1559 is scheduled to be enabled, options data from Derebit suggests Ether will hit $5000 by the end of the year, if not by the close of September