The Ethereum Constantinople upgrade that was initially scheduled for November 2018 will take place between January 14 and January 18, 2019. Getting closer to the date, we would like to inform you that CEX.IO will take all necessary steps to update our system and make sure your funds are completely safe.
What happens with Ethereum on CEX.IO
We will take care of all the technical issues before and during the upgrade to secure your
Before the upgrade, we will pause ETH deposits and withdrawals. That is why we encourage you to carry out all the transactions in advance for them to reach your accounts or wallets without delays. After the upgrade, we will test the network and make sure that everything runs smoothly. Only after
Additionally, if the chain splits and a new coin emerges, all users having ETH on their balances at the time of the fork will receive a new coin. We will credit it as soon as we settle all the technical aspects.
What is Constantinople on the Ethereum Network
The Constantinople upgrade has been a part of the Ethereum roadmap for a long time already. It follows the Byzantium upgrade and is an important preparation step before the Serenity upgrade. With all those changes in place, the developers intend to make the Ethereum network cheaper and more efficient. As a part of the upgrade, they will decrease the block time for the network to work faster. Additionally, after the Constantinople upgrade, running smart contracts will become cheaper.
We hope that you will gain