April 19, 2024

Binance clarifies Muir Glacier hard fork position on Ethereum network

Three days before the planned Muir Glacier hard fork on the Ethereum network, the Binance bitcoin exchange announced its support.

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Updatepending at block #9 200,000, which is expected to bemined on January 2, but this could happen the day before.The protocol update is designed to postpone the activation of the so-called "difficulty bomb" by 4 million blocks.

Binance warned that it would suspend ETH I / O during the hard fork. The functions will become available to users again after the stabilization of the network.

Former Director of Strategic DevelopmentBlockstream Samson Mow criticized Ethereum developers for picking the first New Year's days for a hard fork. He drew attention to the fact that large exchanges are not ready for it.

According to Ethernodes.org, 69% of the nodes have already completed the necessary training.

Binance clarifies Muir Glacier hard fork position on Ethereum network

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In the context of the largest exchanges, the picture is reallyIt looks ambiguous - only Bittrex and Bitso are currently ready for hard fork. However, among the platforms that did not declare support for the update, Binance is also listed.

Binance clarifies Muir Glacier hard fork position on Ethereum network

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Recall, the leading developer of the Ethereum Foundation Hudson Jameson asked the node holders to update the software by December 30, 2019.