A release date of the next Hardfork of classic Ethereum will be January 1, 2018, the division will begin when the block is built at 4,730,660, the new cryptocurrency will be called Ethereum Fog, the acronym of token fork is ETF.
What is Ethereum hardfork?
Those who hear for the first time about the term HardFork this is a process of changing Ethereum block structure, by adjusting the program code of the cryptocurrency, which allows to put into operation previously inaccessible blocks, in other words this is a change in the Ethereum protocol aimed at improving the network as a whole.
How to get and where to buy Ethereum Fog
Currently, little is known about the new cryptocurrency, most likely Ethereum Fog will be supported by many large exchanges, you can buy Ethereum Fog at:
- Kraken and others
ETF can be received by all miners, who have a classic ether, new coins will be calculated from the ratio of one to one, i.e. – 1 ETH = 1 ETF.
Ethereum Fog rate and price
As for the prospects for Ethereum Fog, as well as its rate for 2018 – it’s too early to make conclusions. Should one invest at the start?
Perhaps, but we recommend to wait for the official release date of the coin. Approximately a price for ETF at the start will be less by 20% than the exchange rate of the original ETH.
Ethereum Fog Mining
Extraction of new Etherium fork will be carried out in a traditional way, by setting up mining hardware for the appropriate pools. There will not be any significant changes in the technology itself, therefore the farms on video cards will be appropriate.