The Ethereum network is about to get a lot more interesting. The impending Ethereum (ETH) Merge is a massive upgrade that will help the blockchain run efficiently while adding new features. And unlike last time, there’s no worrying about backward compatibility or frozen upgrades. Once the hard fork activates, it’s a clean break. But what […]
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When it comes to discussing blockchain and its associated algorithms, there are two primary types: Proof-of-Work (PoW) and Proof-of-Stake (PoS). Until today PoW is the most common algorithm used by blockchain networks. Ethereum, one of the most influential blockchain projects, will announce its “END GAME” on September 15 with the release of The Merge which […]
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This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, losing more than 7% in a single day. Ether was affected too, as the second largest cryptocurrency by market cap fell below $1,700 on Saturday This week saw Bitcoin slipping again until it fell below the $22,000 level on Friday, […]
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As Ethereum takes its final step towards The Merge, it will change the cryptocurrency consensus mechanism from Proof-of-Work (PoW) to Proof-of-Stake (PoS). This improvement could also be the solution to fix non-fungible-token’s (NFT) energy issues. In simple, the Ethereum network is all set to be 99 per cent less energy-intensive, shifting the power from the […]
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Transaction fees on the Ethereum blockchain network have significantly dropped over the past few weeks, despite the total number of transactions on the Ethereum network being increased, reveals a new data published by Coin metrics gas fee tracker. As per the data, the average gas fee in April stood as high as $42. However, as […]
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