Tag: proof of stake (pos)

Standard Chartered analysts are the latest Ethereum bulls as the recently released investor guide places Ethereum valuation at around $26K-$35K per Ether (ETH). The first sentence of the investor's guide reads "Structurally, we 'value' Ethereum at USD $26,000-35,000". It's understandable that the word...

A new research paper by Ethereum co-founder Vitalik Buterin and blockchain researcher Georgios Konstantopoulos suggests that after "the Merge" or when Ethereum shifts from Proof of Work (POW) to Proof of Stake (POS), the recently discussed possibility of miners running custom clients (with existence not established with certainty) to accept bribes to execute Ethereum reorgs and extract harmful...

ConsenSys has announced the timeline for the Ethereum merge - which will see the Ethereum 1 and Ethereum 2 blockchains become one with each other. Currently, the Beacon Chain or Eth2 POS chain exists on a separate network, however they will likely see merger with the main Ethereum mainnet by the end of the year probably or if not, by early 2022. It...

This article is a complete guide on Celo crypto (CELO). The Decentralized Finance (DeFi) field has been all over in the news in 2021 and touched an estimated value of more than USD 11 Billion LOCKED in the DeFi lending market alone. The Celo could be one of the promising projects. In the last 90 days, the CELO price...

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...

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...

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...

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....

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)...