Ethereum’s Hard Fork ‘Muir Glacier' Launches In 2 Days, Will The ETH Community Be Prepared?

While the entire world is preparing for the New Year, Ethereum has scheduled Muir Glacier, its long-awaited hard fork, for January 1 of the year 2020.

The Ethereum (ETH) Istanbul hard fork that happened just a few weeks ago didn’t make things easier when it comes to Ethereum’s so-called “difficulty bomb”, so many are expecting Muir Glacier to change everything. As the holiday season is one of the busiest in a year, the hard fork is still waiting on support from the most important infrastructure providers, exchanges and mining pools.

SBI VC Trade to Support the Hard Fork

The Japan-based virtual currency exchange, SBI VC Trade, which is an SBI subsidiary, said it will support the hard fork. Its customers have been informed about the hard fork lasting until January 3, 2020 and being planned to reach the 9,200,000 block height. SBI VC Trade has also cautioned people about the blockchain instability caused by the hard fork by saying:

“If ETH is received by us during this period, we may not be able to confirm it properly due to blockchain stability issues. In that case, please note that we cannot respond at all.”

Bittrex and Bitso Ready for Muir Glacier

The CSO of Blockstream, Samson Mow, has said in a tweet that platforms are not ready for Muir Glacier, while others members in the ETH community have expressed their confusion over the strange choice made by Ethereum Foundation for the hard fork’s date. The only crypto exchanges ready for Muir Glacier seem to now be only Bittrex and Bitso.

The Istanbul Hard Fork Had Some Readiness Problems Too

It looks like the Ethereum project didn’t have enough support from its team of developers, as these were focused on upgrading the ETH 2.0. The Istanbul hard fork had the same problem and updated most of the nodes last minute. However, it still was successful, so Muir Glacier has all the chances to be a hit too.

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Oana Ularu
Oana Ularu
Curious about what’s going on with all the money in the world, Oana is bringing you the latest news in the crypto world. She’s aware of the fact that you need to know everything that’s happening on the financial scene in order to play the cryptocurrency market, so you can count on her to share with you every little detail on what matters.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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