This article was first published on POA Network - Medium
As we wrap up this action packed year, we took some time to reflect on the incredible journey we’ve had since we launched our mainnet and we want to share some of the exciting initiatives we have coming for you next year as well as the our most recent updates and news. Lets jump right into it!
1. End of Year Review
As we wrap up the year, we are extremely proud of all the progress we have made in 2018. It’s been over a full year since POA Network launched its mainnet with 12 validators and a vision of a high-speed, low-cost network that would provide tools and transaction efficiency. Fast forward one year, and we’ve grown to support a new interoperability protocol, amazing DApp development and integration, and a thriving proof-of-authority consensus process which includes 23 validators! In a recent post, we shared some of the incredible accomplishments we made in 2018. To read the full most, click here!
2. Mana-Ethereum — Preparing for Constantinople Hard Fork
The Constantinople Hard Fork is scheduled to take place on the Ethereum Mainnet mid-January 2019, at block 7,080,000. Constantinople is an intentional upgrade — it’s been a part of the Ethereum roadmap since the beginning as it is the second part of a two-part update called “Metropolis.” Constantinople will introduce features to increase network efficiency, shrink the transaction costs of some smart contracts, and reduce mining rewards from 3ETH to 2ETH, further preparing the network for a transition to Proof of Stake validation that will come with the “Serenity” (also known as Casper) hard fork. To learn more about the upcoming changes to the protocol and describe how POA Network, Consensys, and Compound Finance are collaborating to develop Mana-Ethereum, a new open-source Ethereum client, click on the following link.
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POA Network - Medium