Ethereum was the first generalist blockchain to popularize Decentralize Finance (DeFI) through its use of smart contracts. In turn, they created a rich ecosystem of dApps as web interfaces to the blockchain's smart contract, so far accounting for 3,778 dApps across 6,730 smart contracts. Such dApps have recreated virtually the...
Computer scientists from the Ethereum Foundation and Stanford confirm three new attacks on Ethereum's new POS network as part of ETH 2.0. They submitted their new findings in a paper and posted the paper for public view. Many technologists and cryptographers have concerns about...
The month of October seems to hold enormous prospects for the popular blockchain protocol Ethereum. This is because Ethereum Network has disclosed plans to launch its much-anticipated Altair upgrade in October 2021. This announcement is a sure indicator of Ethereum's...
Ethereum’s upgrade to ETH 2.0 has been one of the most anticipated upgrades in the crypto space. Although scheduled to go completely live in 2022, the market remains abuzz with the possibilities this upgrade will bring with it. There are going to be a number of upgrades that will culminate in the final upgrade in 2022. One of those is the Altair upgrade....
Ethereum 2.0 is still far on the horizon. Scheduled to occur in 2022, the project has experienced numerous delays that have pushed back its release date further. This has although not been a deterrent for investors in Ethereum to invest their coins on the network. The amount of staked coins on the network has been on a steady rise, especially in 2021. Accelerated...
The debate around security regulations in the US has hit the peak with the Ripple-XRP lawsuit that has now been aggravated by SEC's lawsuit threat to Coinbase over an unreleased stablecoin lending services. Now with the XRP lawsuit nearing towards a possible end, Ethereum's security status has become the biggest deabte especially with former SEC The post Does Ethereum (ETH) Risk Becoming a...
Nearly six weeks after the implementation of the highly hyped Ethereum London upgrade, a colossal amount of ETH has been burned on the network. $1 billion Ether burned Data from Watchtheburn confirmed this with figures, as it indicated that since the...
Ethereum 2.0 blockchain upgrade remains one of the most anticipated upgrades in the crypto space. Most of the upgrades required for the complete overhaul have already been performed. Things like the London Hard Fork came with EIP-1559. This upgrade completely changed the monetary policy of the network. Moving ETH towards becoming deflationary in the long-term. Related Reading |...
Talking to Bloomberg, Vitalik Buterin spoke openly about various aspects of Ethereum, including perhaps the most challenging issue it faces to date, scalability. The Ethereum ecosystem features the most dApps and has the highest total...
Ethereum network support is growing by the day. The number of ETH being staked ahead of ETH 2.0 quickly surpassed over 5% of all ETH in circulation. The number has now grown even higher. With the number of validators on the Ethereum network already exceeding 200,000. Another milestone that has now been broken is the staking address of ETH is now the highest...
While Ethereum (ETH) co-founder Vitalik Buterin explains how the long awaited network upgrade affected the chain...
Barely a week after implementing one of its cardinal upgrades, the Ethereum (ETH) network has burned over $100 million in fees. More than 32,000 Ethereum burned and forever removed from circulation contributed to the crypto’s last week’s rally....
Biconomy, a multichain relayer network building infrastructure to simplify the Ethereum and Web 3.0 experience, announced today the launch of its Hyphen mainnet, as per a release shared with CryptoSlate. The protocol enables instant and low-cost token...
Ethereum’s new fee burn mechanism is almost at its one-week mark. Burn rate has now grown to a rate of 3.88 ETH in the past 24 hours. So far, over 27,000 ETH has been burned from fees. Taking over $87 million out of circulation. The plan was to reduce the amount of new ETH being released into circulation for every block that is...
Ethereum just went through its most complex upgrade ever. Justin Drake, researcher at the Ethereum Foundation, discusses what the upgrade, aka the London hard fork, means for ether’s future as what he calls "ultra-sound money." At the end of the episode, he also drops a few Bitcoin hot takes. Show highlights: his...
After a slight delay on the initial rollout date, the Ethereum London hard fork went live on Thursday at approximately 13:00 GMT. Speaking on the upgrade, Ethereum co-founder Vitalik Buterin said the launch's success is evidence that the ecosystem can make...
The most anticipated upgrade since the inception of Ethereum was carried out on August 5th. The upgrade has already started burning coins. So far hitting over 3 ETH burned per minute in the last 24 hours. Following the upgrade has been Ethereum co-founder saying the upgrade shows the network can make significant changes. The success of the upgrade has no doubt introduced more...
Ethereum EIP-1559 recently went live on August 5th. The long-awaited London Hard Fork arrived just on time at block height 12,965,000. EIP-1559 represents a big step in the move to ETH 2.0. Following the launch, the price of Ethereum has soared in response. Over the past 24 hours, the price of ETH has jumped over 6%. With the coin looking to continue this...
Over 4000 ETH have been ‘burned’ just hours after the ambitious EIP-1559 upgrade was rolled out on the Ethereum network, data from multiple sources shows. The burned stash is worth over $11 million at press time, representing a tiny portion of the...
Ethereum has come so far already. The project started only five years ago has continued to record tremendous success in the market. A project, which despite its relatively young age, has managed to clinch the number 2 spot in the market. Crypto investors have all, at some point, heard about the Ethereum London Hard Fork. But not everyone can confidently say they know...
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