Ethereum (ETH) has experienced a surge in staking activity following the implementation of the Merge and Shanghai upgrades, but this growth comes at a price. A recent research report by JPMorgan (JPM) highlights the trade-offs that Ethereum faces as it seeks to balance staking adoption with concerns over centralization and yield. The report underscores how […]
Ethereum merge
Chipotle honors Ethereum’s PoS through 99.95% “Proof of Steak” discount
Chipotle, a well-known restaurant business, emerged in the cryptocurrency world in 2021 when it gave away $100,000 in bitcoin for National Burrito Day. The platform then continued to add additional items to its giveaway list over the course of the following few months. More recently, the switch to proof-of-stake [PoS] on the Ethereum network appeared to […]
Ethereum’s core devs got their eyes on Shanghai upgrade
The merge finally transpired after years of waiting. Ethereum’s historic switch to proof of stake occurred early on Thursday morning without a hitch. The Ethereum merge dominated the attention and energy of the network’s elite cadre of core engineers for almost half a decade, with tens of billions of dollars’ worth of digital assets on the […]
Will Ethereum attract SEC scrutiny? Here’s why it seems like it
The Merge wasn’t a significant occurrence just for the Ethereum network. One of history’s most eagerly awaited events had happened, and the whole crypto sector rejoiced. The network’s switch to Proof-of-Stake [PoS] from Proof-of-Work [PoW] is viewed as revolutionary by some and harmful by others. The majority of the cryptocurrency community was excited to see […]
Here’s how Ethereum is rising like a phoenix post Merge
After years of development and delay, the enormous upgrade of Ethereum known as the Merge is finally under way, transferring the digital machinery at the centre of the second-largest cryptocurrency to a system that uses a great deal less energy. At the time of publication, the network has officially stopped depending on power-hungry cryptocurrency miners, […]
Solana Lab’s COO believes silver lining of ETH Merge
Both good and bad things have been said about the Solana network. This year, the asset has experienced everything from a class action lawsuit to the establishment of its first physical location. It seems to be in the spotlight once more right now for a significant reason. Raj Gokal, the Chief Operating Officer (COO) of […]
Ethereum to get ‘Forked’ 24 hours after Merge
Ethereum has been the talk of the town ever since the transition to Proof of Stake (PoS) was announced. The entire community has been keeping track of all the events leading up to the same. While the majority of the industry seemed to be anticipating a seamless transition, a few of them were hoping for […]
Google Adds Ethereum Merge Countdown as the Merge Nears
The Ethereum merge is set to go live in a few days. The tech behemoth Google has added a new countdown timer to mark the remaining time until the up-and-coming Ethereum Merge as a show of support. A countdown ticker with the expected time left until the merge based on the current difficulty, merge difficulty, […]
Ethereum: It’s showtime for last shadow fork
A much-anticipated update concerns Ethereum [ETH] and its significant transition to the Proof-of-Stake [PoS] space. The entire community has been keeping track of all the events leading up to the same. A few in the sector were anticipating yet another delay, even though the majority appeared to be expecting a smooth changeover. The ETH community, […]
Ethereum Merge: Countdown Begins As The Final Upgrade Bellatrix Is Activated
Ethereum’s Bellatrix update which *prepares* the chain for the merge has gone live. Co-founder Vitalik Buterin took to Twitter to reveal the expected release date to be from September 13-15. Tim Beiko, ETH’s core developer earlier put the network’s complete transition on Sept 15. “The actual transition happens upon hitting a specific Total Difficulty value […]