Summary: The Ethereum Foundation released an update to debunk misinformation regarding the Merge. ETH’s switch from Proof-of-Work to Proof-of-Stake is scheduled to happen on or around September 15. Final tests and upgrades are in the works after a successful Merge on the Goerli public testnet. False statements have flooded the crypto community in the weeks leading up to the watershed […]
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On Thursday (August 11), prominent MIT AI Researcher Lex Fridman said that on Wednesday (August 10) he had had a chat with Ethereum creator Vitalik Buterin about the “Merge” hard fork (which is when the Ethereum network is making the transition from proof-of-work to proof-of-stake). Interestingly, Friedman, who is not particularly prone to exaggeration or hyperbole, called The Merge “an important […]
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Ethereum is entering its final phase after the network’s final testnet has been successfully executed on the Goerli Network. This is the final much-anticipated event after the transition from proof of stake to proof of work is complete. The mainnet merge should occur sometime at the end of September, however, this was the final rehearsal of the merge. The Goerli […]
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The crypto market is slowly recovering, and Ethereum (ETH) seems to be at the fore of the current rally. The second largest crypto asset by market cap has soared by surprising margins in the past week, with no visible signs of slowing down. This has birthed a lot of opinions from analysts about the asset’s subsequent direction, especially with the […]
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Arcane research outlined some possible routes left for Ethereum miners as they face obsoletion with the coming Merge. According to Arcane, the miners have two choices, drive up the price of other GPU mineable coins or dump their GPU machines. It is worth noting that, unlike Ethereum, Bitcoin mining requires ASIC machines, so Ethereum miners can not just migrate to […]
Read moreSummary: Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks. The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus. Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol. The news comes as speculations regarding a hard fork have emerged in recent weeks leading up to The Merge. One […]
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Dubbed the “Flippening” by cryptocurrency fans, the scenario in which ether inevitably overtakes bitcoin and becomes the number one cryptocurrency has been setting the community abuzz, as it seems it’s only a matter of time before the pioneer crypto becomes number two. The discussion around bitcoin losing its status as the most valuable cryptocurrency to ethereum has intensified in recent […]
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The pseudonymous host of popular crypto market commentary show Coin Bureau is predicting that Ethereum Classic ($ETC) could rally ahead of Ethereum’s transition to proof-of-stake (PoS). According to a recent YouTube video released on July 25, Coin Bureau’s host “Guy” told viewers that Ethereum Classic could benefit from Ethereum’s long-awaited upgrade, dubbed “The Merge.” The upgrade is expected to be […]
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Following the gloomy days of the previous month, the crypto community seems to be experiencing a breath of fresh air as assets stage a comeback against the bear market. ETH holders appear to be the most positive of the bunch, especially as the Merge approaches, with whale addresses accumulating in anticipation of the revolutionary event. Whale address accumulation is sitting […]
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