A hard fork will take place on block #4936270 Ethereum networks - EtherZero. It is scheduled for mid-January 2018. The service will use the Proof-of-Work algorithm. Ethereum network users are waiting for 116 million ETZ tokens. Each token will be equal to one ETH. About 20 developers from different countries, as a result of the hard fork, want to appropriate 10% of the entire capitalization of the second largest cryptocurrency by capitalization. If this happens, the price will most likely reach $70.

At the moment, there is little information on the Ethereum hard fork, the developers promise to tell more very soon. It is known that the new service will provide instant payments, zero commission, block creation time will be 10 seconds.

Source: hashtelegraph .com