By shifting from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution, CLabs, the company behind the Celo blockchain, hopes to rejoin the Ethereum ecosystem. A proposal discussed on Celo’s governance forum suggests using OP Stack as the architecture to become an Ethereum L2 blockchain. Thus “making it easy
Despite the recent surge in Ethereum (ETH) prices, network activity on the blockchain has not experienced a significant boost, according to a recent report by Glassnode. The report highlights that gas prices, which serve as a measure of blockspace demand, have remained relatively low despite the price rally. Ethereum Prices
What is Neon EVM? Neon EVM is a low-friction solution that enables Ethereum dApps to settle transactions on Solana, eliminating the gap between these two leading blockchains. Neon EVM positions Ethereum developers to enjoy the best of Solana’s network, from low fees to high transaction speeds, and parallel transaction execution
The Ethereum roadmap remains extensive with several significant upgrades still in the pipeline. Over the next six months, Ethereum has planned upgrades to staking withdrawals, as well as various new applications that will enhance the blockchain’s security and provide a better user experience. With the implementation of Proto-Danksharding, a new
Every blockchain has a unique protocol with a collection of algorithms that define it. Examples are the confirmation mechanism, block size, transaction speed, and protection technique. Engineers occasionally alter a cryptocurrency’s core code to enhance or correct issues. A “cryptocurrency fork” occurs when an asset with qualitatively different qualities emerges
In the first four days after the Shapella hard fork, more than one million Ether worth $2.1 billion were removed from Ethereum’s Beacon Chain, and the price of Ether went above $2,100 for the first time in 11 months. There have been a total of 1.03 million ETH withdrawn from
BlockSec, a blockchain and Web3 security firm, announced the release of Phalcon Fork, a toolkit enabling Web3 users to conduct collaborative testing on private chains forked from any position. With this toolkit, users can test and ensure the security of their private chains with the help of a collaborative testing
Despite worries that fresh Ether supply may flood markets following the long-awaited Shapella upgrade. The market has responded positively to the news. After the Shapella update was finished successfully, the price of Ethereum skyrocketed to the $2,000 mark. In spite of increasing selling pressure brought on by the release of
Ethereum has moved one step closer to a fully autonomous proof-of-stake system after its long-awaited Shanghai upgrade takes hold on the world’s second-biggest blockchain. On April 12, the main feature of the Shanghai upgrade, known as EIP-4895, went live. The upgrade now allows some users to withdraw their staked ETH
In the hours before the anticipated Shanghai upgrade to the blockchain, the price of Ethereum (ETH) dropped below $1,900 on April 12. ETH currently trades for $1,867.62 with a 24-hour trading volume of $8,721,558,303. Ethereum has decreased by 2.39% during the past 24 hours. The Shanghai upgrade, also known as
