Ether fell about 1per cent on Wednesday ahead of a technical adjustment to its underlying ethereum blockchain that would alter the way ...
Ether fell about 1per cent on Wednesday ahead of a technical adjustment to its underlying ethereum blockchain that would alter the way transactions are processed.
The revamp is currently anticipated to go live on Thursday in most time zones, according to market players, a little later than previously expected.Technically, the upgrade will occur when the 12,965,000th block on the blockchain has been verified. Ether has rallied ahead of the upgrade, rising 40per cent in the past 15 days from a recent low. The token has more than tripled in value this year, outpacing bitcoin, the world's largest cryptocurrency, though both are sharply down from highs hit in May.
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