ETH 2.0 moves closer to fruition as devs set Altair upgrade for October
Ethereum’s transition to proof-of-stake continues, with the first mainnet upgrade of Beacon Chain scheduled for late October. Go to Source Powered by WPeMatico
Hard Fork
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Cardano’s Alonzo hard fork was a success but real utility could be a while
After the market “sells the news” after the successful Cardano Alonzo hard fork, there is a slow realization that real utility could still be on the distant horizon for the network. Go to Source Powered by WPeMatico
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681 ether worth more than a billion U.S. dollars have been burned. More Than 300K Ether Burned Following EIP-1559 More than a billion dollars worth of … Read more
Multicoin Capital leads Eden Network’s $17.4M seed raise
Ethereum’s London hard fork went live on Sunday. The transition has important implications for mining pools, which have begun deploying miner extractable value solutions to increase revenues. Go to Source Powered by WPeMatico
Altcoins book 50% gains after Bitcoin and Ethereum set a path to new highs
POLY, BCHA and XYO led altcoins higher after BTC flipped $50,000 to support and ETH hit $4,000. Go to Source Powered by WPeMatico
Ethereum Burns $432 Million ETH — Ether Burned Could Buy 2,000 Medium-Sized Homes
Approximately 25 days ago, the Ethereum blockchain implemented the London hard fork and a number of features were added to the ruleset. One of the most anticipated changes was EIP-1559 which makes the crypto asset ether deflationary by burning a fraction of coins. Since August 5, over $432 million worth of ether has been burned, … Read more
Cointelegraph Consulting: Measuring the effects of the London hard fork
The London hard fork comes with five EIPs. Most importantly, EIP-1559 impacts transaction fees and miner revenue, but how significant is it? Go to Source Powered by WPeMatico
Ethereum’s London hard fork sets ETH on a more deflationary path
The London hard fork sets Ethereum up for a new era as ETH price continues to make gains alongside a positive community reaction. Go to Source Powered by WPeMatico
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London At press time, Ethereum is burning 5.9 ether per minute or $16.8K using … Read more
London is live and Ethereum bulls control Friday’s $357M ETH options expiry
$357 million in ETH options expire on August 6 and bears don’t stand a chance given that every neutral-to-bearish put is underwater. Go to Source Powered by WPeMatico
