Bitxmi Exchange will support the upcoming Ethereum Hardfork
Share

Singapore based cryptocurrency exchange, Bitxmi, will be supporting the upcoming Ethereum network upgrade hard fork named, Muir Glacier. Deposits and Withdrawals of Ethereum will be suspended before the block height 9,200,000 when the upgrade is set to occur.
The deposit and withdrawal will be opened as soon as the upgrade is considered stable.
Table of Contents
What is Muir Glacier Upgrade?
Ethereum works on Proof-of-work (PoW) algorithm, that is the network solves a computational puzzle to mine a block. To maintain an average block time, Ethereum manipulates the network difficulty. But every 100,000 blocks the difficulty of the network increases which makes it harder to maintain the average block time.
Initially, the difficulty is small and barely noticeable. But during a long period, the difficulty is exponential which renders the network unusable. This is known as the difficulty bomb.
Muir Glacier is an upcoming network upgrade subsequent to the Istanbul upgrade which is designed to delay the difficulty bomb. The upgrade brings only one improvement proposal – EIP2384. EIP 2384 delays the difficulty bomb by 4 million blocks, or 611 days.
The new hard fork won’t create any new tokens.
What should an Ethereum holder do?
If you are on Bitxmi exchange, you don’t need to do anything as all the tech will be taken care of by the Bitxmi team.
If you are holding Ethereum as a node operator or a miner, you have to update the Ethereum client to the latest version. All the information will be provided on Ethereum’s official blog.
Disclaimer: Bitxmi News is a news portal and does not provide any financial advice. Bitxmi's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Bitxmi News won't be responsible for any loss of funds.
Thank you for any other informative site.Where else may I get that typpe of information written inn suhch a perfect
method? I have a undertaking that I’m simply now running on, andd I
have been on the look out for such info.
Greate post. Keep posting such kind of information on yoour blog.
Im really implressed by your blog.
Hello there, You’ve done a fantastic job. I’ll certainly digg it and in my view recommend too my friends.
I am sure tuey will be benefited from this website.
Wonderful blog! I found it while browsing on Yahoo News.
Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a
while but I never seem to get there! Thanks
It’s an remarkable post in favor of all the internet people; they will take advantge from it I am
sure.
It’svery trouble-free to find out any topic on web aas compared to textbooks, as I found
this piece of writing at this web site.
Somebody necessarily lend a hand to make seriously posts I’d state.
That is the first time I frequented your web page and thus far?
I surprised wjth the research you mqde to make this actual publish amazing.
Fantastic task!
I need to too tank you for this vedy good read!!
I absolutely loved every little bit of it. I have got you bookmarked to
check out new things youu post…
Thank you for every other informatice website.
Where else could I get that type of info written in such a perfect way?
I have a venture that I am jjst now running on, and I’ve been at
the look out for sujch information.
I would like to thank yoou ffor the efforts
you have put in writing this blog. I am hoping to view
the same high-grade blog posts by you later on as well. In truth, your creative
wreiting abilities has encouraged me to get my own, personal site noow ;
)
Thank you for the good writeup. It in fact was a amusement account it.
Look advanced to more added agreeable from you!
However, how can we communicate?
Thank you, I’ve recently been looking for info approximately this topic for ages and yours
is the greatest I have discovered tilkl now. However, what about the conclusion? Are you certain about the source?
I like iit whenever people get together and share ideas.
Great blog, tick with it!
Thznks designed for sharing such a fastidious thinking, pjece
of writing is pleasant, thawts why i have read iit fully
Howdy, I believe your website could possibly be havinjg web
browser coompatibility problems. When I look at your blogg
in Safari, it looks fine however, if opening in I.E., it’s ggot some overlapping issues.
I merely wanted to give you a quick heads up! Apart from that,
fantastic site!
I believe that is one of the most important info for me.
And i’m happy reading you article. However wanna commentary on few general
issues, The sote style is ideal, the articlds is really great :
D. Good task, cheers
I was recommended this web site by my cousin. I’m not sure whether this post is written by him as nobody else kmow such detailed aboyt mmy difficulty.
You are wonderful! Thanks!
It is the best time to make some plans for the fuuture and it’s time tto be happy.
I’ve read this post and if I could I desire to suggest you some interesting things oor advice.
Perhaps you can write next articles referring to tgis article.
I wish to read even more things about it!
Hey! Thiis is kind of off topic but I need some guidance from an established blog.
Is it difficult to set up your own blog? I’m not very techincal but I can figure things out pretty quick.
I’m thinking about making my own but I’m nnot sure where to start.
Do you have any tips or suggestions? With thanks