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Day: January 17, 2024

Developer Hails ETH Burning, Will Ethereum Break $3,000?

cryptocurrency January 17, 2024

Péter Szilágyi, an Ethereum (ETH) developer, has lauded EIP-1559 and its ETH burning mechanism as “the great equalizer.” Taking to X on January 16, Szilágyi admired EIP-1559’s ability to “level the playing field between validators and regular users.” Advertisements Developer: EIP-1559 Is A “Great Equalizer” Since the implementation of EIP-1559, Ethereum adjusted how users bid gas […]

Ethereum and Solana – Here’s what 2024 will be like

cryptocurrency January 17, 2024

Advertisements ETH and SOL were up by more than 90% and 917% in 2023, respectively.  Both tokens’ price charts and metrics looked bullish for 2024.  2023 could be termed as a comeback era for the crypto industry, as almost all coins witnessed a resurgence in the last year. Notably, Bitcoin [BTC] rose exponentially, while altcoins like […]

Ethereum Developers Deploy Dencun Upgrade on Goerli Testnet

cryptocurrency January 17, 2024

Ethereum core developers deployed the Dencun upgrade on the Goerli testnet. However, the testnet deployment faced challenges with finality. Advertisements Before the launch on the main network (mainnet), blockchain developers test the updates on the testnet. It eliminates the risk of losing real funds on the mainnet if there are some mishaps during testing. Dencun […]

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