Tag: Ethereum 2.0

Polkadot and Ethereum 2.0 — A Look at the Solutions Building the Scalability of Tomorrow

Polkadot and Ethereum 2.0 — A Look at the Solutions Building the Scalability of Tomorrow

Both Ethereum 2.0 and Polkadot are promising sharding-based protocols overcoming the scalability challenges facing legacy blockchains. Although slightly different, together, the Relay Chain and Beacon Chain represent another significant leap forward, especially for interoperability. Partitioning the Problem: Sharing the Load via Sharding Scalability has been a hotly debated topic after networks bumped up against the […]

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Former ConsenSys exec raises $6.15 million to build crypto staking protocol Obol

Former ConsenSys exec raises $6.15 million to build crypto staking protocol Obol

Collin Myers, former head of global product strategy at ConsenSys, has been working on a new project since April of this year. He is building a “trust-minimized” crypto staking protocol at his startup Obol Technologies. Sharing the news exclusively with The Block, Myers, founder and CEO of Obol, said the project has raised $6.15 million […]

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More People are Buying Ethereum and this On-Chain Metric Confirms the Trend

Ethereum (ETH), the world’s largest decentralized blockchain network is attracting more small-scaled to medium-sized retail buyers according to on-chain trends. Data from Glassnode analytics shows that the Ethereum number of addresses holding 32+ coins has just reached a 5-month high of 109,188, confirming an accumulation trend that peaked about a week ago. #Ethereum $ETH Number […]

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Ethereum Price Retests Key Resistance Level as Aided by These Two Fundamentals

This week has not been exceptionally pleasant for Ethereum (ETH) investors as the digital currency has trailed the global digital currency industry in an unprecedented free fall. The cryptocurrency continued on its free fall which began last Friday as it started Monday around a price of $3,310.21. Ether soon fell to its lowest price point […]

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Ethereum Token Burn: Is there a Timeline to See its Impact on Price?

Since the London Hardfork upgrade, also known as the EIP 1559 went live on the Ethereum blockchain, the total number of tokens that has been burnt on has recently surpassed the $1 billion benchmark. Since the hardfork turned the Ether coin into a deflationary digital currency on August 5, a total of 320380.7 coins have […]

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Does Ethereum (ETH) Risk Becoming a Security After Transition to PoS ETH 2.0?

The debate around security regulations in the US has hit the peak with the Ripple-XRP lawsuit that has now been aggravated by SEC’s lawsuit threat to Coinbase over an unreleased stablecoin lending services. Now with the XRP lawsuit nearing towards a possible end, Ethereum’s security status has become the biggest deabte especially with former SEC […]

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ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow

ETH 2.0 Contract Exceeds 7.4 Million Ether, Close to $30 Billion Locked, Liquid Staking Pools Grow

The Ethereum 2.0 contract now has more than 7.4 million ether worth over $29.3 billion using today’s ether exchange rates. According to statistics, the smart contract address is the largest holder of ethereum out of all the wallets in existence. Ethereum 2.0 Contract Nears $30 Billion In the early days, the Ethereum (ETH) protocol was […]

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Empty Ethereum Addresses are Filling Up. What is Driving Ethereum’s Sustained Positive Outlook?

As the price of Ethereum (ETH), the world’s second largest cryptocurrency by market capitalization, grows to a new monthly high, retail traders, particularly the small coin holders do not want to pass off on the opportunity. At the time of writing, Ethereum is changing hands for $3,783.53, up 4.73% in the past 24 hours according […]

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Ethereum Gas Fee Hits 3-Month Making a Case for a Speedy ETH 2.0 Launch

Ethereum proponents who posited that the emergence of the London Hardfork will impact or solve the challenge of high network fees are clearly mistaken as the gas fee is gradually creeping back to new highs. According to Glassnode’s data, the average fee based on a 7-day Moving Average paid on the Ethereum network has topped […]

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