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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On-chain data shows 31,700 ethereum (ETH) have been burned in the last week. The spike is due to the latest mania over pepecoin (PEPE). This development has pushed Ethereum’s transaction costs even higher. At the beginning of
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Ensuring that this gas would otherwise be flared, adding onto greenhouse gases, is key to the methodology. SBP wants to "ensure that using this waste gas is not perpetuating the problem," whilst "recognizing that oil and gas will be used for many years to come," said Brad van Voorhees, co-founder
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Ethereum network’s gas fee skyrocketed to a new multi-month high amid a growing memecoin frenzy. The high transaction fee has swelled Ethereum’s daily revenue multifold compared to Bitcoin (BTC). While Ethereum proponents celebrated the growth in revenue, many others were quick to point out the growing congestion on the network
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Compared to the $110 billion recorded in 2021, the Saudi Arabian oil giant’s net income took a significant leap by growing over 46% YoY in 2022. The Saudi Arabian Oil Group, also known as Aramco, announced its largest annual profit in 2022. The state-controlled oil giant posted a record net
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Wallet startup Giddy has a new "autogas" feature for easy onboarding into Polygon. Source
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“Absent another big surprise (such as the Ukraine war), we do not expect natural gas prices to return to their recent peak of over $9,” said Alex Stoewer, chief operating officer at Digital Power Optimization, a company that helps power producers balance electricity loads using different solutions. “December 2025 Henry
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Stepping into 2023, the cryptocurrency market seemingly shrugged off the year-long bearish sentiment from 2022. As investors took notice, the long-awaited price corrections had a significant reaction, showcased through on-chain activities on the Ethereum blockchain.According to a data report from Analytex, Ethereum’s average gas price — calculated in terms of the
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Along with the gas fee, the upcoming hardfork of Polygon will also address the issue of chain reorganization.Ethereum’s Layer-2 scalability platform Polygon is now gearing up for a hardfork ahead this week on January 17. After discussing with its community, the Polygon team has agreed to a hardfork in order to
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Ethereum layer-2 scaling solution Polygon will undergo a hard fork on Jan. 17 in order to address gas spikes and chain reorganizations issues that has affected user experience on the Polygon proof-of-stake (POS) chain. Polygon officially confirmed the hard fork event in Jan. 12 a blog post, which came after weeks
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The Ethereum scaling blockchain, Polygon, has revealed plans to initiate a hard fork on Jan. 17, 2023. According to the team, the network upgrade will “reduce the severity of gas spikes” and “address chain reorganizations (reorgs) in an effort to reduce time to finality.” Polygon Team Outlines Network Upgrades to Improve
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