Byzantium, the forced fork of Ethereum, was successfully activated

Today at 1 AM (UTC) was activated the forced bifurcation Byzantium in the blockchain of Ethereum, the platform of intelligent contracts.

It was at the height of the 4,370,000 block that the protocol was finally activated, thus starting a new period in the scalability of Ethereum, Metropolis, section Byzantium, where new features will be included and interesting things will happen for the entire community participating in the second cryptomoneda in capitalization, both in markets and in their applications. This forked bifurcation is followed by another, which could be activated during 2018 baptized as Constantinople.

Currently the difficulty is 3,017TB and the reward for each block is 5 ethers, while the gas average is 21 gwei, Ethereum's transaction fees range from $ 0.0072 to $ 2.89.

Ethereum's price is currently at $ 347, after declining to about $ 320 during the early hours of yesterday and increasing it by this time. In the last 24 hours it had a marketing volume of $ 676,551,000 and its total market capitalization stands at $ 32,659,959,103 dollars, equivalent to 5,801,818 BTC

The founder of Ethereum, Vitalik Buterin, published a message where he celebrates the realization of the bifurcation.
During the day, various urgent updates were launched for Ethereum customers, in order to avoid mishaps with the risk of receiving Denial of Service (DoS) attacks on the network. The vulnerability was detected in the Ethereum Virtual Machine. Updates were released for Parity and Geth customers, protocols for running complete nodes based on user needs.

Ethereum's scalability proposal has been explained in CriptoNoticias in a series of special articles, where we go into detail about the future path that this blockchain platform intends to follow. Basically, Byzantium will begin to activate the possibility of reversing transactions and contracts, as well as there will be a change in the method to process transactions from the Work Test to the Partition Test. Likewise, the so-called Zk-SNARKS will be introduced, a feature devised within the Zcash project and that will lead to the privacy of transactions.
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This morning Vitalik Buterin sent Twitter messages commenting on the current status of Ethereum's blockchain after the activation of Byzantium.

"1200 blocks created so far in Byzantium. The difficulty almost reset and block time is already below 20 seconds, "he said.