Tag: eth 2.0

Let's first look at the history of Ethereum. According to Coinmarketcap, the average highest price ever reached by ETH was $1,432 on January 13, 2018. At its peak, the digital asset had a market capitalization of $137 billion. If each ETH coin was worth $10,000 right now, the market capitalization would be around $1.13 trillion, which might sound ridiculous considering Bitcoin's highest market...

Ethereum users have faced extreme transaction fees over recent weeks and months. At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily. Many have seen high Ethereum transaction fees as something decisively bad for the network. It restricts more cost-sensitive users from...

While Ethereum has become much less congested than it was just weeks ago, transaction fees are still far from cheap. It may cost $10-20 to complete interactions with decentralized finance protocols such as Compound, MakerDAO, or Synthetix. That's not enough to break the bank, of course, but it restricts many users from accessing these protocols and the rest of the Ethereum ecosystem. This...

Ethereum developers termed the launch of the new ETH 2.0 testnet Spadina as a "dress rehearsal testnet for the community." While the testnet launch was successful, delay in the process raised technical flags. ...

The launch of Ethereum 2.0's first phase (a.k.a. "phase 0" or "Beacon Chain") is rapidly approaching. As reported by CryptoSlate, Raul Jordan of Prysmatic Labs, a developer group working on the Ethereum 2.0 integration, recently said:...

With scalability a major issue on Ethereum blockchain, the network has allegedly found a workable solution to this issue. ETH 2.0 Beacon Chain is scheduled to go live in a few weeks' time. The upgrade, according to developers, is the solution to Ethereum's unending scalability issues. Phase 0 of ETH 2.0 will be the first upgrade...

When compared to traditional markets, the cryptocurrency industry is highly volatile, and the price fluctuations are driven by many factors. After weeks of consolidation in the Ethereum market, volatility has made a comeback....

UniLogin, an Ethereum onboarding solution and wallet, is shutting down due to high gas fees, an inability to scale, and browser issues. DeFi has been the main culprit behind rising transaction fees and the ultimate reason for the project's death. In an official...