Ethereum has successfully switched from PoW) consensus method to the PoS consensus mechanism. Merging will result in a 0.2% decrease in global electricity consumption. As The Merge goes live, Ethereum has successfully switched from the proof-of-work (PoW) consensus method to the proof-of-stake (PoS) consensus mechanism, considerably increasing the network’s sustainability.
Ethereum completed The Merge and is anticipated to move in a bullish state. ETH blockchain has changed from Proof of Work (PoW) to Proof of Stake (PoS) consensus. The biggest upgrade of the blockchain industry is finally live as The Ethereum Merge is complete. This marks the beginning of the
Bitcoin recently attained a sudden price surge, reaching above $22k. Major altcoins witnessed a price downfall, during the last 24 hours. After falling around $18,000 in the previous week, the market dominator, Bitcoin (BTC) has now been going through a positive momentum in the global cryptocurrency market. During the past
Proof of Stake (PoS) secures the network at a significantly cheaper cost. There will be a chance for attacks on the network post Merge. Aside from the fact, that the Ethereum Merge was celebrated as a significant advancement for the blockchain network, the anonymous security researcher stated that, the move
After witnessing a continuous collapse in the bearish market, Bitcoin (BTC) has climbed to $20,000 again. Over the past few days, the market dominator was going through a tremendous downfall. Even so, the coin started to witness a positive momentum again by registering a notable uplift during the past 24
The link between the Cardano founder and the ETC goes way ahead of time. Charles states ETC to be a dead project and compares it to a dead horse. Cardano founder, Charles Hoskinson has been bashing Ethereum Classic (ETC) and the recent updates made by the blockchain. The link between
Solana had undergone a total of seven outrages since its launch. The validators have even encountered 10 million packets per second submission. Solana CEO and co-founder, Anatoly Yakovenko, expresses the worry of network outages being the major challenge in the Solana network. In an interaction with RealVision’s Raoul Pal on
On early Thursday The Ethereum wallet of Hollywood actor Bill Murray’s stolen after closing the NFTs auction and raising funds for the charity. The NFTs cost around 119.2 ETH ( around $185,000) and the hackers drained the funds from Murray’s wallet at around 7.00 PM according to the on-chain data.
Ethereum’s much-awaited ‘merge’ is set for around mid-September. In the upcoming days, the ETH price may experience severe short-term volatility. The most widely used blockchain platform, Ethereum, is currently going through a significant transformation. Ethereum’s much-awaited ‘merge’ is set for around mid-September, and will shift from PoW (proof-of-work) to PoS
Currently, over two million users registered for name and lookup services. There have been 2,008,833 ENS names. A new record was made by the Ethereum Name Service. Over two million people have registered for name and lookup services. 2m ENS names created!! 🎉 it took 5 years to get to
