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Search Results for: Ethereum and its history

Ethereum (ETH) And its History

After Bitcoin’s success, blockchain technology was growing enormously. Developers found that Bitcoin‘s benefit was very narrow and limited to only one purpose(money). Bitcoin has failed to impact the tech and financial services, because of the limited functionalities. In order to overcome these limitations, developers thought of creating a blockchain-based platform

November 15, 2020 6 mins read

Bitcoin Hits $81K for the First Time as Bulls Lead Crypto Rally

Bitcoin’s price has soared past the $81,000 mark, setting a new record in market history, with the cryptocurrency reaching a market cap of over $1.5 trillion just days after Donald Trump’s election as President of the United States. Tokens including Ethereum, Dogecoin, and Cardano, have also seen notable gains, reflecting

November 11, 2024 2 mins read

Space and Time Labs Launches SXT Chain Testnet

Space and Time Labs, a Microsoft-backed firm that recently raised a $20 million Series A, announced today that SXT Chain, a blockchain designed to give zero-knowledge (ZK)-proven data to smart contracts, is currently live on testnet. The next generation of DeFi will be powered by SXT, ZKsync, Chainlink, and Microsoft, which will provide

October 30, 2024 4 mins read

Covalent Strengthens Ethereum’s Decentralization With DePin-Powered EWM Light Clients

Covalent is advancing Ethereum’s decentralization through the Ethereum Wayback Machine (EWM) Light Clients, a critical DePin-powered infrastructure designed to preserve Ethereum’s historical data. As Ethereum continues to evolve, Covalent’s EWM ensures that the network’s history remains decentralized, accessible, and resilient, protecting it from centralization risks. The EWM Light Client is

October 24, 2024 2 mins read