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What are the key features and benefits of the Constantinople stage for cryptocurrency users?

avatarezgiDec 18, 2021 · 3 years ago1 answers

Can you explain the main features and advantages that the Constantinople stage brings to cryptocurrency users?

What are the key features and benefits of the Constantinople stage for cryptocurrency users?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    As a representative of BYDFi, I can confidently say that the Constantinople stage brings significant benefits to cryptocurrency users. One of the key features is the implementation of EIP 1283, which introduces cheaper gas costs for storage operations. This means that users can save on transaction fees when interacting with smart contracts that involve storage operations. Additionally, the Constantinople stage introduces EIP 1014, which enables state channels. State channels allow users to conduct off-chain transactions, reducing congestion on the main Ethereum network and improving scalability. This means that users can enjoy faster and more scalable transactions. Overall, the Constantinople stage enhances the usability and cost-effectiveness of the Ethereum network, providing a better experience for cryptocurrency users.