Tag: eth 2.0

Oct 17 2020

Can Ethereum Price Reach $10,000 Thanks to 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...

Oct 16 2020

1,000,000 Ethereum would have been burned in the past year if EIP-1559 was live

Oct 16 2020 Published at CryptoSlate under tags  analysis eth 2.0 ethusd

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...

Oct 04 2020

An Ethereum scaling solution is near—a DeFi founder thinks it will “melt faces”

Oct 04 2020 Published at CryptoSlate under tags  analysis eth 2.0 ethusd snxusd technology

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...

Sep 30 2020

Ethereum 2.0 Devs Head Back to the Drawing Board as Testnet Misses Mark

Sep 30 2020 Published at Crypto Briefing under tags  eth 2.0 technology

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. ...

Sep 25 2020

Not all Ethereum users are excited to stake on ETH2’s Beacon Chain

Sep 25 2020 Published at CryptoSlate under tags  eth 2.0 ethusd

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:...

Sep 23 2020

ETH 2.0 Beacon Chain to Launch Soon

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...

Sep 22 2020

UNI’s Surprise Launch, Sell-Off Triggers Volatility in Ethereum’s Price

Sep 22 2020 Published at Coingape under tags  defi defi eth 2.0 defi news defi tokens eth

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....

Exorbitant Gas Fees on Ethereum Force UniLogin to Shutter Operations

Sep 22 2020 Published at Crypto Briefing under tags  business eth 2.0

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...

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