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While the Ethereum network and its users continue to suffer from the high fees of the layer-1 blockchain, various layer-2 (L2) solutions are stepping into the spotlight to solve the problem. As analyst Miles Deutscher explained, citing data from Dune Analytics, layer-2 scaling solutions saw monumental growth in 2022. “I expect
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It was no small task for the hundreds of developers and client teams to build, coordinate, and successfully swap out Ethereum’s core from proof-of-work to proof-of-stake. That’s why Vitalik Buterin and Ethereum developers are among CryptoX’s Most Influential 2022. Source
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Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The crypto has breached the $0.90 barrier and pushed its market cap to over
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Ethereum runs testnets so that developers can run software before launching it on Ethereum’s main network (mainnet). Test networks essentially act as copies of the Ethereum mainnet, and they allow client teams, infrastructure providers and developers to test any changes to their applications before launching them in a more high-stakes
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The app works by leveraging crypto’s multisignature, or “multisig” functionality. Multisig is when a user needs more than one signature to spend crypto funds. A user holding bitcoin (BTC) in a Casa wallet for example, could use a “2-of-3” multisig, meaning, three private keys exist, but only two are required
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Coinbase will delist Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP) and Stellar Lumens (XLM) from its wallet service, according to an update on the company's website. Source
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Ethereum, the world’s second biggest cryptocurrency, has continued its downward trajectory, passing through the $1,200 level. To date, the exchange rate has reached $1,170.49. Data from CoinGecko shows that the coin has been trading at a loss on a weekly basis. Here’s a quick glance at how ETH has been performing: The price of ether
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The downfall of FTX has also left its mark on the Ethereum (ETH) price. Over the last 30 days, Ether has recorded a drop of around 20%. At press time, the price was at $1,171, just above the crucial support level of $1,100. In the short term, the ETH price has found
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By the end of this call, the timeline for Shanghai wasn’t any clearer. Some developers want to expedite Shanghai and include only the ETH withdrawal EIP along with a few other smaller EIPs, sometime in March 2023. Then, a subsequent fork would include another significant scaling upgrade – proto-danksharding –
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