Hello Steemit Community!
This post is inserted in the new created series Introducing: Crypto For The Day blog post series , you can follow all the post in the tag #cryptofortheday
Yesterday we had the Byzantium fork on the ethereum network and all the process of upgrading this amazing network was successful.
God Vitalik Buterin tweeted about it after the successful upgrade
https://twitter.com/VitalikButerin/status/919796864744132608
- VitalikButerin
This is amazing, a reduction of more than 95% of pending transactions and i been testing the speed of transactions and this is very fast, i used to check in pending transactions like deposits and withdraws on exchanges and know i don't even see pending it just deposits like a rocket.
The new much waited privacy feature called ZkSnarks is available but will get releases probably in the devcon conference, so stay tuned for amazing news following the next weeks
This is a good example what this ethereum team and the community can do in the future, we are still in the beggining and this upgrades make a big difference so the network is getting better each day.
Here is a cool site to check some stats from the Ethereum Network: EthStats
What is your opinion on this?
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