Alphaex.net wish to inform all our customers, that today 28 Feb, 2019, Ethereum Fork is likely going to result in a split of Ethereum Blockchain, Known as Constantinople and St. Petersburg, both upgrades will be implemented as “hard forks,” or upgrades that add new rules to the ethereum software that are incompatible with past versions. Both will also take place at the exact same block number – 7,280,000.
For us to handle this fork systematically, we will halt all transactions, deposits and withdrawals of Ethereum(ETH), XinFin-XDCE(XDCE), USD Coin(USDC) on Alphaex platform. Users are requested to kindly complete all required transactions before this schedule date and time.
Schedule Plan of Action (Proposed):
28 Feb, 2019 GMT 12:00 : Cancel all Unexecuted Transactions of Ethereum
28 Feb, 2019 GMT 12:30 : Halt Withdrawal/Desposit Transaction for Ethereum
We restart the Ethereum related operations within 72 - 96 Hours of Ethereum Fork.
The Balance of all unexecuted transactions would be reflected in user Balance. Except Ethereum all other currency, trading, withdrawals and deposits will remain unaffected. Our support team would be available to respond to any other queries that you would have.
What is Constantinople?
Constantinople is the name of Ethereum’s next hard fork system upgrade. It is part of the multi-step journey towards Serenity, which implements revolutionary protocols such as Proof of Stake. On December 6th, 2018, the Ethereum core developers voted to proceed with Constantinople. Constantinople will integrate 5 Ethereum Improvement Proposals (EIPs), which tackle a number of cost, speed, functionality, and miner issues.
The Constantinople hard fork will be an exciting evolution for the Ethereum community. With the implementation of efficiency, speed, and lower costs, we are moving closer towards the full realization of Ethereum’s potential.