Ethereum fork supporters are getting ready to scrap the crucial EIP-1559. An Ethereum miner has written an open message to the community after receiving support from many industry heavyweights. Towards the end of the transition towards proof-of-stake (PoS), the Twitter account of the proposed chain-split fork, EthereumPoW, claimed that the
It’s been almost two years since the London hard fork, which saw the deployment of EIP 1559. As a result of this major update, the base fee component of a transaction fee on the Ethereum network is being consumed constantly, 24 hours a day. Statistics show that after the London
In just eight days, Ethereum’s Shanghai upgrade, also known as the Shapella hard fork, will let users withdraw their “staked ether.” However, despite the benefits this development is expected to bring, there are growing concerns that it could trigger a sell-off of unstaked ether, leading to uncertainty in the market.
The world’s largest smart contract network, Ethereum’s second testnet, “Sepolia” successfully completed and pushed the Ethereum blockchain one step closer to its much-awaited Shanghai Upgrade. Today Sepolia testnet has successfully replicated staked ether (ETH) withdrawals on the Ethereum blockchain by upgrading to Shapella. The upgrade was initiated at epoch 56832
The world’s biggest smart contract network, Ethereum, is getting a little bit closer to release the $26 billion worth (and growing) of ETH staked by its users. The first mainnet shadow fork to verify the preparedness of ETH staking withdrawal capacity went live on Monday. As stated by Ethereum’s core
For a long time, members of the Ethereum community have touted the Merge as a significant improvement to the network’s underlying infrastructure. In addition to mitigating the network’s negative effect on the environment, PoS will provide Ethereum’s native ether (ETH) token with a new use case: staking. Due to the
The long-awaited Ethereum merging, scheduled for around September 15. Ethereum makes the switch to the proof-of-stake consensus process. The Ethereum Merge and Cardano’s Vasil hard fork are both approaching quickly. Cardano is an open-source, peer-reviewed blockchain platform designed to address global identity management issues by using smart contracts and NFTs.
Miners would be harmed if ETH mining came to an end after the merger. ETH’s upgrade and a probable hard fork will have Poloniex’s full backing. Earlier this week, well-known Chinese crypto miner Chandler Guo declared his desire to fork Ethereum’s blockchain and invent a separate proof-of-work network in opposition
The shadow fork 10 went live 26 hours early than scheduled. On September 19, the Ethereum core team stated that the merging will be deployed. After months of speculation, Ethereum has made yet another minor but critical step toward its long-anticipated move to Proof of Stake (PoS). Ethereum’s tenth shadow
On July 6, the network successfully completed the Ethereum Sepolia testing run. There were no serious issues after the shadow fork deployment. In the last 24 hours, Ethereum (ETH) has risen 12.76 percent, pushing it beyond the $1,200 mark. One of Ethereum’s final tests before the Merge was successfully tested
