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Search Results for: Ethereum

Will Ethereum (ETH) Skyrocket to $2K as a Result of the Key Upgrade?

The price of Ethereum (ETH) has been steadily climbing in anticipation of a much-anticipated upgrade. Investors are keenly awaiting the upgrade and speculating on whether or not its implementation will lead to an explosive surge in the price of ETH. The Shapella upgrade, which is set to bring significant improvements

April 4, 2023 2 mins read

Ethereum Archive Node Service Provider ‘ArchiveNode.io’ Shuts Down

ArchiveNode.io, an Ethereum mainnet archive node service, has announced it would be closing down. After more than three years of offering free Ethereum mainnet archive node services to developers, students, and academics, ArchiveNode.io announced the news on April 4. To maintain a complete record of past state transitions in the

April 4, 2023 2 mins read

Vitalik Buterin Proposes Deployment of zk-EVMs on Ethereum

Zero-knowledge Ethereum Virtual Machines (zk-EVMs) were advocated for use on the Ethereum mainnet by Vitalik Buterin. The Ethereum co-founder said on his blog that zk-EVMs will increase Ethereum’s transaction verification speed without compromising the network’s decentralization or security. The Russian-Canadian developer claims that Ethereum’s multi-client philosophy, which allows users to

April 3, 2023 2 mins read

Ethereum Layer-2 Scaling Solution ‘zkSync Era’ Back Online Post Outage

As no blocks were created on the Layer-2 blockchain on Saturday, zkSync Era was unavailable for more than four hours. One of the primary Ethereum Layer-2 scaling options compatible with Ethereum Virtual Machine (EVM) is zkSync Era, which debuted its mainnet on March 24 and is based on zero-knowledge proof

April 2, 2023 2 mins read

Ethereum Developers Set to Activate Shapella Upgrade on April

The Shapella hard fork set to activate on the Ethereum mainnet on April 12. Ethereum core developers confirmed that Shapella takes effect at epoch 194048, and scheduled for 10.27 p.m. UTC on April 12. Ethereum validators will be able to withdraw the Ether from the Beacon chain with the support

March 29, 2023 1 min read

CFTC Labels Bitcoin and Ethereum as Commodities in Binance Lawsuit

U.S. officials have accused Binance, the biggest cryptocurrency exchange in the world, of breaking the law in an attempt to step up their crackdown on the cryptocurrency industry. The cryptocurrency sector has been quick to focus on the CFTC’s designation of cryptocurrencies like Bitcoin, Ethereum, and Litecoin as commodities. One

March 28, 2023 1 min read

Ethereum Co-founder Initiated First Transaction on Polygon’s zkEVM

Polygon, the Ethereum layer-2 platform, released the Zero Knowledge Ethereum Virtual Machine (zkEVM) scaling technology to the mainnet on Monday. It reduced transaction fees and increased the throughput of Smart contract deployments. Polygon stated that it makes all the aspects of its zkEVM open source, and the developers can study

March 28, 2023 2 mins read

Decentralized Exchange dYdX to Transition From Ethereum to Cosmos

Recently, decentralized exchange dYdX made the decision to move away from Ethereum by announcing the launch of its V4 private testnet. The entire platform rollout to Cosmos is scheduled for the end of September this year. Teams of developers may use the Cosmos SDK to quickly and easily create their

March 27, 2023 1 min read