Linea, a Layer 2 zkEVM rollup backed by Consensys, recently dropped a detailed protocol proposal focused on decentralizing its network. The proposal, named “Towards Linea’s Decentralization,” was introduced by Florian Huc, a software architect at Linea. The document outlined how the network will transition to a permissionless system and establish
In a post on X (previously Twitter) on Friday, Grayscale announced the establishment of a “dynamic income fund” that would invest in proof-of-stake tokens. The fund, which goes by the ticker symbol GDIF, is reserved for authorized investors who have a net worth of $2.2 million or more, according to
Aside from Stablecoins, Bitcoin (BTC), and Ethereum (ETH), other cryptocurrencies are also performing well in the market. Also, crypto investors are already paying attention to alternative currencies, some of which have the possibility of being the next big thing in the crypto industry. Top amongst these cryptocurrencies, Tezos (XTZ) in
Ethereum’s transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS) has proven to be a resounding success, with a Cambridge Alt Fin study showing a 99.9% reduction in energy consumption. This milestone has garnered attention from industry leaders. Including Binance’s CEO, who has praised Ethereum’s efforts to create a more sustainable future
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
The Beacon Chain’s Bellatrix upgrade is scheduled for the epoch. If the network gains a greater hash rate, TTD will be attained sooner. The Ethereum (ETH) Foundation announced on its website that “The Merge” is an impending switch to a Proof of Stake (PoS) consensus final activated date on Wednesday.
Bitcoin has climbed by 14%, while Ethereum has increased by over 39%. The whole crypto market holds 19% of the ETH dominance. The king of altcoin Ethereum (ETH) price has been backtracking over the last few days, as a result, ETH gained over 40% in the previous month. The price
Validators of the Beacon Chain, own 66% of the entire stake. Overall, 62% of voters voted to burn the stake. Today, Vitalik Buterin, a co-founder of Ethereum, joined part in a conversation on the social media platform (Twitter) titled, how will the Ethereum community respond if regulation is implemented through
The test is one of the last items on the agenda before the so-called “Merge.” Even if it’s not set in stone just yet, the 19th of September is the target date. Ethereum is on the verge of switching from its current energy-intensive proof-of-work paradigm to the more efficient proof-of-stake
Proof of Work Proof-of-work is the algorithm that uses to secure many cryptocurrencies, including Bitcoin and Ethereum. The concept was first proposed in 1993 as a way to combat spam emails, and it was named “proof-of-work” in 1997. Satoshi Nakamoto utilized it to secure the Bitcoin blockchain the technique was
