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Ethereum will soon transition from a proof-of-work (PoW) algorithm to proof-of-stake (PoS). The major protocol upgrade that is scheduled for Q3 2020 will transform the crypto-economic incentives around validating transactions. In fact, those holding ETH will be rewarded for their contribution to maintain the network secure.This could be the reason
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If, in the compressed time of blockchain existence, the “crypto winter” of 2018-2019 was Ethereum’s Dark Ages, then we’re now in its Renaissance. But it’s an open question whether the blockchain platform and its enthusiastic community can take the wider world into the next era: the decentralized equivalent of the industrial
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Ethereum’s consensus algorithm is not the only thing changing with the launch of Eth 2.0. The underlying cryptography itself is getting an overhaul based on leading research out of the Electric Coin Company. Called BLS12-381, the new elliptic pairing curve will securely coordinate transactions on the proof-of-stake (PoS) Eth 2.0 network,
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From a technical perspective, Ethereum’s price action has been relatively lackluster in recent times, with buyers struggling to garner any sustainable uptrend as the crypto closely tracks Bitcoin’s price action.One data metric does indicate that investors have been heavily accumulating throughout the course of the cryptocurrency’s recent downturn.This accumulation has
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[sociallocker id="55298"] Bitcoin underwent a protocol update to make the network more resilient to state attacks, while researchers separately found Ethereum may be losing its anonymity. Elsewhere, “Crypto Mom” Hester Pierce has been tapped for a second term at the SEC, and an ex-Yang advisor is making crypto a cornerstone to
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Ethereum is losing its privacy, warns a new paper, as “careless” users make linking their addresses to real-world identities easy. With the disquieting title, “Blockchain is Watching You,” the paper – a joint-publication from researchers at the Institute for Computer Science and Control in Hungary, Eötvös Loránd University, Széchenyi
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In brief:$250 is a major resistance zone for Ethereum.ETH had managed to break this price level and briefly traded at $253.The push was short-lived as Bitcoin dumped hard taking down the entire crypto market with it.Stats show that whales moved a lot of Bitcoin to Binance and Bitmex before the
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The use case that helped power Ethereum‘s record-setting string of positive weekly closes in early 2020, has now gone parabolic.Decentralized finance users have grown from just 90,000 individuals to over 178,000 over the course of the last six months, showing a rapid increase in demand for such alternatives to traditional
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Ethereum has been underperforming Bitcoin and many of its other peers over the past couple of months, with its sharp decline from yearly highs of $290 doing some damage to mid-term market structure.It now appears that Ethereum could be positioned to gain some ground against the rest of the market,
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Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to
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