The Ethereum (ETH) network is preparing for the Constantinople hard fork, which will come with a reduction in rewards to 2 ETH per block. This was one of the decisions Ethereum developers took in a recent meeting which did not feature founder Vitalik Buterin:
https://twitter.com/RichardHeartWin/status/1035545747868012545
The Constantinople hard fork is supposed to be one of the final steps before Ethereum moves into the proof-of-stake stage. However, mining will continue for an indefinite period with a reduced reward. The Byzantium fork from October 2017 lowered the block reward from 5 to 3 ETH.
Some see the move as effectively an attempt to drive up the ETH market price. However, the potentially lowered supply would take years to ...
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