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After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge. Ethereum steps closer toward the MergeThe leading smart contract platform completed
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Then a document circulated that showed a 14-day period between Bellatrix upgrade and the mainnet Merge at a specific total terminal difficulty (TTD). The tentative TTD would be: 58,750,000,000,000,000,000,000. Nothing is final, however, until it’s codified in a client release. Source
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More seriously, Buterin said this is an example of the double-edged sword of cryptography. “The problem with crypto space is that it has great incentives, but at the same time, it has incentives to go into very weird directions sometimes,” he said, noting the Ape NFTs. Source
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Ethereum’s mainnet Merge with the proof-of-stake Beacon Chain should happen sometime next month. Original Source
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Brian Norton, chief operations officer of MyEtherWallet, joined CryptoX TV’s “First Mover,” to discuss the blockchain’s upcoming software update. Source
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An Ethereum fork token that does not yet exist, dubbed ETHW, is trading under $100 across several crypto exchanges after debuting at $30. ETHW and ETHS begin trading ETHW is the native asset to the ETHPoW chain. ETHPoW, for now, is a possible new chain backed by proof-of-work (PoW) miners as the
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The latest price moves in bitcoin (BTC) and crypto markets in context for August 8, 2022. Source
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The Merge, the first of five planned upgrades for the network, may only increase transaction speeds by 10% by reducing block times, according to the report. It, however, lays the path for the “Surge,” which is the next planned upgrade for the network and promises to bring 100,000 transactions-per-second (TPS)
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Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values of Bitcoin and Ethereum Anthony Scaramucci, founder and managing partner
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Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum's network upgrade in September.On the daily chart, LDO's price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The
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