$ETH: Bitcoin Developer and Educator Jimmy Song Says ‘ETH PoS’ Is ‘A Roach Motel’

On Saturday (26 November 2022), prominent Bitcoin developer, educator and entrepreneur Jimmy Song expressed how he feels about Ethereum 2.0’s Proof-of-Stake (PoS) consensus mechanism. Around 7:00 a.m. UTC on September 15, Ethereum’s Merge upgrade was completed, which meant that the Ethereum network moved to PoS consensus from the much more energy-hungry Proof-of-Work (PoW) consensus. Ethereum co-creator Vitalik Buterin called this successful upgrade […]

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Ethereum ($ETH) ‘Could Be Moving Towards a Deflationary Future’, Say Citi Analyst

According to a Citi research report released on Monday (31 October 2022), following the Merge, it appears that Ethereum ($ETH) is on its way to becoming a deflationary asset. Ethereum’s Merge upgrade, which was completed on 15 September 2022, marked the Ethereum network’s transition from proof-of-work (PoW) consensus to proof-of-stake (PoS) consensus. Ethereum creator Vitalik Buterin called this successful upgrade […]

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The Merge Goes Live, And A New Era For Ethereum Begins – Here’s The Whole Bushel

After months in the works, Ethereum’s Merge goes live without hitches. The Merge sees the network’s transition to an energy-efficient Proof-of-Stake (PoS) consensus mechanism. Not all entities are pleased with the new feat, with some critics poking holes into the future of Ethereum. Ethereum’s developers can breathe a sigh of relief after the widely-anticipated Merge event occurred, ushering in an […]

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The Merge Week: ETHW Team Releases 1-Hour Mainnet Info Launch Countdown

Summary: The team behind plans to hard fork Ethereum’s proof-of-work blockchain reaffirmed its launch timeline. Final node configurations and other relevant data will roll out for network participants today. The core ETHW team published a 60-minute countdown for the mainnet launch info. Bybit announced support for the forked token airdrop and trading.  Plans to hard fork Ethereum’s proof-of-work blockchain will […]

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