Tag: proof of stake (pos)

Dec 29 2020

Which Cryptocurrency Will Replace Bitcoin?

Bitcoin is not only the oldest cryptocurrency, it is still the undisputed king when it comes to market capitalization. Almost 70% of the total value of all current cryptocurrencies falls on Bitcoin. Nevertheless, the world's first crypto/blockchain is struggling with some obstacles. The project is troubled by huge energy consumption, scaling problems, and the question of what happens when the block reward goes...

Nov 30 2020

Ethereum 2.0 Exceeds Launch Requirements As Genesis Event Draws Near

In another major development, Ethereum 2.0 deposit contract reached the total required number of 524,288 ETH before the first deadline on Nov 24, paving the way for a smooth genesis event on Dec 01. It currently holds 837,920 ETH, which is 59.2% more than the amount required to launch the Eth2 network. This is is highly encouraging as the excess amount will ensure...

Nov 15 2020

Tutorial: How to Stake on Ethereum 2.0 using Ankr

Nov 15 2020 Published at CryptoTicker under tags  ankr blockchain crypto defi education

The Ethereum 2.0 genesis date is set for Dec 01. However, one important process needs to be completed before it is launched. The deployed deposit contract needs to amass at least 524,288 ETH for the network to go live. The...

Nov 07 2020

Ethereum 2.0 – All You Need To Know About Staking ETH

The highly anticipated Ethereum 2.0 deposit contract was released on Nov 4. Now, interested users can deposit their required 32 ETH in the contract, in anticipation of the Genesis or the Ethereum Phase 0 launch date set for Dec 1, 2020! However, contributing to the new mainnet isn't a light undertaking and we will discuss that in detail in this article....

Nov 04 2020

Ethereum 2.0 – Genesis set for December 1st!

The Ethereum 2.0 deposit contract has just been released on Github, with Genesis time set at Dec 1, 2020, 12pm UTC! This begins the transition towards the ETH 2.0 (also called Serenity) upgrade - the next iteration of the world's computer and Proof of Stake (POS)...

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