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Ethereum 2.0

cryptocurrency June 8, 2022

Ethereum, the world’s largest altcoin, has seen unprecedented traction since its inception. Fair to say, the upcoming “Merge” has played a significant role in upping the associated interest in the crypto. ETH 2.0 is a multi-stage shift of the Ethereum network from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus mechanism. The transition would enhance […]

cryptocurrency June 4, 2022

Advertisements Summary: Ethereum addresses holding one or more ETH has hit a new all-time high of 1.484 million. Deposits also continue to flow into the ETH 2.0 contract hitting a new all-time high of 12.785 million ETH. The on-chain metrics hint toward Ethereum investors playing the long game with ETH. Bitmex’s Arthur Hayes still believes […]

cryptocurrency May 30, 2022

Advertisements Quick take: Over 12 million Ethereum tokens have been pledged towards ETH 2.0 so far. Deposits from more than 73,000 addresses were recorded by Monday. The staking rate hit 10.72% over the weekend. More than 1/10 of ETH’s circulating supply is now locked up for The Merge. The switch from Proof-of-Work to Proof-of-Stake might […]

cryptocurrency May 20, 2022

Advertisements The Prysmatic Labs team said the Merge might occur as early as August Preston Van Loon shared the news at this week’s Permissionless blockchain conference Vitalik Buterin made similar comments at the ETH Shanghai Summit Merging on the Ropsten testnet is also set for June 8 The Merge transitions Ethereum from a proof-of-work blockchain […]

cryptocurrency April 12, 2022

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours. Consequently,  ETH suffered the wrath of decline. Usually, FUD (Fear, Uncertainty, and Doubt) is a part of a rally. But, curiously, Ethereum witnessed FUD in its bear market this time.  Advertisements Well, ETH saw a 5% price correction […]

cryptocurrency March 16, 2022

‘Eth2’ or now called ‘consensus layer’ had a speculative date for the launch. However, one Reddit member (u/superphiz) of the r/ethstaker community predicted that it would happen in June of this year. Advertisements It’s important to note that the Kiln testnet was the final public testing phase before the long-awaited Ethereum ‘Merge.’ Edging closer Now, […]