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Ethereum Improvement Protocol (EIP)

How a Highly-Anticipated Ethereum Upgrade Could Tackle Surging Gas Prices

cryptocurrency August 25, 2020

One of Ethereum’s most sought after upgrades is being discussed again as momentum for approval and implementation mounts. It could effectively change the fee market mechanism by burning a little ETH for every transaction made. Advertisements As Ethereum demand has grown over the past few months, propelled by the boom in DeFi applications and protocols, […]

Ethereum Developer Proposes ‘Oil’ as Second Fuel for Network

cryptocurrency May 12, 2020

Advertisements A proposal to add a second fuel source for the Ethereum network has recently been submitted by a developer to run in parallel to its existing fuel, gas. The Ethereum network is due to undergo a raft of changes this year. The most eagerly awaited upgrade is the shift to proof-of-stake consensus under the […]

Ethereum Mining Revenue Plummeted Nearly 75% in 2019

cryptocurrency February 4, 2020

Advertisements New data on Ethereum shows that the network had experienced a massive decline in revenue generation for miners. This slump can be partially attributed to the depreciation of the ETH price, which has come down a long way from the all-time of $1,500 in 2018 to roughly $150 in 2019. Ethereum mining revenue diminished […]

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