Only 65 percent of node operators and miners were completely prepared for the update. The update requires node operators and miners to update to the most recent version. Ethereum, the world’s biggest smart contract platform, has released a significant fresh update. It is named “Gray Glacier,” and it took place
1.8 million transactions have been executed with an average block time of 13.8 seconds. The Ethereum Foundation claims that it will significantly reduce the energy requirements. The Ethereum Foundation has been employing “shadow forks” to make its testnet more like the Ethereum mainnet in preparation for the eventual deployment of
Ethereum already achieves two of the ‘trilemma’ of blockchain. Too many users on the blockchain mean more costly transactions. Altair, Ethereum 2.0’s first hard fork, is scheduled to be live by the end of the month. So developers and programmers may start preparing for the ‘Merge’ that will replace the
We all know very well that Ethereum (ETH) is the world’s second-largest cryptocurrency next to Bitcoin (BTC). On the contrary, compared to BTC, ETH has its fair share of speculations, hot news daily, and various contradictions that it will overtake BTC. Amidst all this it is the fact that these
Ethereum(ETH) London Hard Fork expected to launch on August 4 Tim Beiko said, most of the clients have approved it already. The protocol update will includes five Ethereum Improvement Proposals. Ethereum (ETH) most waited London hard fork is expecting to launch on August 4 between 13:00 UTC and 16:00 UTC,
The Ethereum community has been really busy in the past month, with more than three testnet’s launched in June. Now the final testnet before the London Hardfork is being launched on 26th. The year has been a big year for Ethereum. With the news of Ethereum 2.0 which is a
The foundation messes around with gas prices The network upgrade that integrates four EIPs is Berlin hard fork. Devcon is organized by the Ethereum Foundation (EF). The organization that supports the block of the same name is the Ethereum Foundation. The recent Berlin hard fork said, the foundation messes around
Ethereum co-founder Vitalik Buterin has hinted at a massive change for the blockchain’s future, raising the Layer1 gas limit by 10 to 100 times. His comment came in response to a recent technical milestone achieved by Succinct Labs, a team working on real-time proving systems using zkVMs (zero-knowledge virtual machines)
Ethereum had its biggest single-day increase in four years on Thursday, rising 20% to trade above $2,200 after the Pectra upgrade was introduced. The big move in price is as the crypto tries to catch up with Bitcoin, which has recently crossed the $100,000 mark for the first time in
Ethereum co-founder Vitalik Buterin has unveiled a vision to drastically simplify Ethereum’s core architecture over the next five years, drawing inspiration from Bitcoin’s minimalist approach. In a blog post titled “Simplifying the L1” published on May 3, Buterin emphasised that reducing complexity is key to enhancing Ethereum’s efficiency, security, and
