Tag: eth 2.0

Believe it or not, the Proof-Of-Stake Ethereum is a reality. Those crazy kids really did it. To celebrate the achievement, Bitcoinist turns the mic to the captains of the industry. It’s time for the TALKING HEADS to discuss one of cryptocurrencies’ most important news of the year. This time, we kept the question vague and got a variety of answers that cover the...

Kevin Zhou, co-founder of Galois Capital, and Evgeny Gaevoy, founder and CEO of Wintermute, discuss how to trade the Ethereum Proof of Work fork, what the market is telling about the Merge, and whether the Merge affects Bitcoin. Show highlights: what will happen at the time of the Merge according to Kevin and whether there’s uncertainty when the ETH Proof of Work chain...

Preston Van Loon, cofounder and Ethereum core developer at Prysmatic Labs, talks about the Merge, its impact on an environmental level, and why he is a plaintiff in the lawsuit against the Treasury Department over Tornado Cash. Show highlights: what the Merge is on a technical level and what its impact will be whether the proof of stake consensus mechanism makes the network...

Arthur Hayes, cofounder of BitMex, discusses how he’s trading the Merge, the impact of macroeconomic policy in the markets, his career as a writer, and much more. Show highlights: how crypto is reconfiguring how humans do finance over the internet why Arthur initially thought Ethereum was worthless how NFTs allow users to trade human culture and will unlock trillions of dollars of value...

Over 200% of growth has actually taken place month for Ethereum Classic (ETC) and its owners. ETC's price increase can be attributed to ETH's rise because there is a statistically significant positive correlation between ETC and ETH. Miners are supporting Ethereum Classic in preparation of the upcoming chain- merge of...

The Ethereum merge is getting closer. Investors and the Ethereum (ETH) community are closely following what is happening in the market and how this could affect the whole […]

Ethereum's (ETH) Goerli testnet completed its merge with the proof-of-stake consensus mechanism in the early hours of August 11. The Goerli testnet has been successfully merged and is now a full Proof of Stake chain. Next up is (finally) the Ethereum mainnet!! The Merge is coming...

USD Coin (USDC) issuer Circle has revealed that it would fully support the Ethereum (ETH) proof-of-stake (PoS) chain post-merge. According to an Aug. 9 blog post, the stablecoin issuer was looking forward to "the future scaling opportunities (the Merge) unlocks as well as the reduced energy consumption profile of the...

DeBank labels Ethereum as the best chain for Web3 and will not support hard forks if they emerge.

DeFi protocol MakerDAO (MKR) has identified seven risks its protocol faces if Ethereum (ETH) is forked. Futures backwardation and negative funding According to the protocol, the first risk it faces is future backwardation and negative funding. In this case, while...

Summary: Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks. The oracle network supports Ethereum's upgrade to a Proof-of-Stake consensus. Forked versions of ETH's Proof-of-Work blockchain will not be supported by the protocol. The news comes as speculations regarding a hard fork have emerged in recent weeks leading up to The Merge. One major ETH miner...

Following Chandler Guo's public vow to fork Ethereum (ETH), the call for a hard fork has grown significantly, leaving stakeholders to pitch their tent on different sides. Tron (TRX) founder Justin Sun and his crypto exchange Poloniex were one of the...

Speaking in a closed press conference during South Korea Blockchain Week, Ethereum founder, Vitalik Buterin, called people pushing for a hard fork of Ethereum to retain proof-of-stake "simply trying to make a quick buck." Justin Sun recently announced support for a hard fork of Ethereum post-merge by listing two new tokens on his Poloniex exchange. The tokens will be named ETHS and ETHW,...

Kevin Zhou, co-founder of Galois Capital, comes to talk about the possibility of a Proof of Work chain on Ethereum after the Merge, the LUNA death spiral, how he plans to play the Merge, and much more… Show highlights: how Kevin got started in crypto what Galois Capital is and what its investment thesis is why Kevin was more vocal than most about...

Justin Sun, Tron's (TRX) founder, has revealed support for Ethereum's (ETH) proof-of-work (PoW) hard fork. In an August 4 tweet, Sun said he would donate some coins to the forked Ethereum PoW community to develop its ecosystem....

Summary: Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners. Arcane research shows that ETH miners have generated around $11 billion in 2022 so far. Bitcoin miners have managed $10 billion as of press time. Ethereum's switch to Proof-of-work could ultimately eliminate the role of miners on the network. The transition dubbed "The Merge" is scheduled for September 19, as previously...

It has been a roller coaster ride for the entire cryptocurrency space this year. There has also been a lot of Fear, Uncertainty, and Doubt (FUD) among investors in the crypto space. This article is a general overview of events and the general crypto metrics of July 2022. The upcoming Ethereum Merge and the collapse of 3AC were huge factors in the crypto...

Last week, ETH saw a significant uptick in its price, following the release of the notes from the last dev’s meeting that hinted at the timeline for its upcoming upgrade, known as The Merge....

The Ethereum upgrade, formerly Ethereum 2.0 or Eth2, is one of the most anticipated upgrades in the world of blockchain technology, and Ethereum investors cannot wait. While the Eth2 name stuck, the Ethereum Foundation itself changed the terminology. Today, you would simply refer to it as the ‘consensus layer’ that operates on the original...

Ethereum's (ETH) tenth shadow fork went live on July 26 at 11:45 UTC bringing the network closer to its transition to a proof-of-stake (PoS) consensus mechanism. Ethereum's tenth shadow fork is live The shadow fork went live 26 hours ahead of schedule with no significant glitches reported...