Ethereum Watch

The merits and demerits of PoW and PoS have been discussed often. In a recent podcast, Ethereum’s Vitalik Buterin spoke about the advantages PoS offers over PoW and asserted that PoS was far more efficient. Advertisements Buterin noted that right now, the general approach was to start with the new proof-of-stake chain and see if […]

To answer the problem of slow adoption, an increasing number of companies have put their focus on bringing cross-chain liquidity to DeFi. Ren Protocol and Provable Things are two notable companies developing these advancements. Advertisements Last month, Ren Protocol introduced its cross-chain interoperability tool RenVM, while pBTC, an interoperability token aimed to bring Bitcoin’s liquidity […]

Ren, an interoperable liquidity protocol for DeFi, has announced the formation of the Ren Alliance. The Alliance is a consortium of companies and projects operating in DeFi that will help to secure, develop, and utilize the “Ren Virtual Machine.”  Advertisements It aims to boost the interoperable utility of the RenVM project and help to inject […]

tBTC, developed by Summa One and Keep Project, is live on Ethereum’s Ropsten testnet. The protocol aims to bring a price- and network-pegged version of BTC onto Ethereum and could bolster DeFi adoption.  Advertisements Changing the Game with Trustless Pegs Wrapped Bitcoin, or wBTC, is a popular solution which pins Bitcoin’s price peg on an […]

Decentralized finance [DeFi] has continued to gain steam in the past couple of months. The latest milestone includes surpassing $1 billion Total Value Locked [TVL]. Advertisements Source: Binance Research | Monthly unique users in Ethereum DeFi in 2019 Interestingly, Ethereum’s use in DeFi continues to expand since most of the decentralized financial ecosystem, so far, […]

Other than being one of the top digital assets in the world, Ethereum‘s blockchain facilitates a large array of decentralized applications and enterprises that operate their businesses based on blockchain technology. Advertisements In a recent interview with BlockTV, Tim Beiko, Core Ethereum Developer discussed why Ethereum blockchain is the best option available for enterprises in […]

Today, Aztec Protocol, a highly-anticipated privacy layer, launched its mainnet on Ethereum. The protocol obfuscates inputs and outputs using zero-knowledge proofs, and several DeFi projects have already shown interest in integrating the technology. Advertisements Programmable Money, Programmable Privacy Since announcing the project over a year ago, Aztec’s vision to bring secret transactions to public blockchains […]

A vast majority of 2019 went away discussing the price action of major digital assets, tussling between the narrative of a bull or bear scenario. 2020 started on the same note as a major part of the community is currently backed the ‘bull-run’ bandwagon with Bitcoin’s 30 percent increase in January. Advertisements In between all […]

DeFi or Decentralized Finance has etched a considerable presence in the ecosystem over the past two years, building a market worth over $800 million at press time. Advertisements DeFi apps are undoubtedly some of the major dApps on the Ethereum blockchain, and since the launch of MakerDAO, currently, over six ETH DeFi apps hold over […]

Central Bank Digital Currencies [CBDC] have gained prominence at the 2020 World Economic Forum. ConsenSys released a whitepaper that outlined a practical proposal for central bank digital currencies on the Ethereum blockchain. Advertisements The whitepaper stated, “We propose that central banks issue CBDC on a large-scale, private, permissioned, Ethereum-based network in which central bank appointed […]