Ethereum hard fork Byzantium is now operational, despite the recent talks of possible delays. The updated software is successfully running, Ether prices are relatively stable.
The new solution is expected to significantly boost the speed of the ethereum network, raising its capacity to more than a million of transfers a second.
Developers are going to implement the second upgrade of the Ethereum blockchain next month, introducing significant improvements to the current network.
Metropolis is a part of a long-term ambitious plan to move the protocol toward the so-called abstraction.