Ethereum Completes “The Merge”, But Why ETH Failed To React
Ethereum has completed one of its most significant milestone with the successful completion of “The Merge”, the migration to a Proof-of-Stake (PoS)
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Merge
Environmental Groups to Spend Another $1M on Ads for Bitcoin Code Change After the Merge
Earlier on Thursday, the Ethereum blockchain – which underpins the world's second largest cryptocurrency – changed its consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS), doing away with the need for energy-intensive computing power. Bitcoin, a PoW network, has been facing mounting criticism over its energy use, which is on
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Bitcoin price loses $20K, ETH price drops 8% after ‘monumental’ Ethereum Merge
Bitcoin (BTC) spent a second day threatening $20,000 support on Sept. 15 as markets processed the Ethereum (ET Merge.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC stuck between price magnets'Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking below $20,000 again overnight to recover marginally above the boundary for a brief
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Ethereum Classic and Ravencoin’s Hashrate Nearly Doubles After Merge
Computing power on the Ethereum Classic (ETC) and Ravencoin (RVN) networks, or hashrate, has nearly doubled a few hours after mining was rendered obsolete on the Ethereum network, which underpins the world's second-largest cryptocurrency by market cap. Source
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The Ethereum Merge Finally Happened: So What?
“The best diagram I’ve seen looks sort of like what you see in subway stations,” said Richard Smith, CEO of fintech investing tool RiskSmith and a specialist on market risk and uncertainty. “You have maps of subway lines, and sometimes two lines run in parallel, and one line kind of
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Ethereum traders shorted ETH price in record numbers during the Merge — 50% crash ahead?
Ethereum successfully completed its long-awaited transition to proof-of-stake via "the Merge" on Sept. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event. Ethereum funding rate plummeEther's futures funding rates across leading derivatives platforms dropped below zero—to their worst levels to date—before the Merge. The rate
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Ether, Ethereum Classic See Volatile Trading Amid Successful Ethereum Merge
"Post-Ethereum Merge, the Ethereum PoW miners will need to mine other coins since Ethereum is moving to PoS," explained Hosam Mazawi, a co-founder at non-fungible token project Snook, in a Telegram message last week. "The options are Ethereum Classic or some new Ethereum fork." Source
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Meet 8 Ethereum Developers Who Helped Make the Merge Possible
Buterin helped establish the Ethereum Foundation (EF), a Swiss non-profit dedicated to the development of the Ethereum ecosystem, but neither he nor the foundation were solely responsible for architecting the network’s massive shift away from crypto mining. Instead, scores of individual developers, researchers, client teams and volunteers spent thousands of
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The Ethereum Merge is completed: Here’s what’s next
The Ethereum blockchain has successfully completed its shift away from proof-of-work to proof-of-stake (PoS) consensus following the merge of the Mainnet and the Beacon Chain.The Merge took place on Sep.15 as the network shifted to PoS seamlessly, seeing hardware-based miners replaced by validators that stake Ether (ETH) to process transactions,
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Strong Institutional Adoption of Ether Expected Following Ethereum Blockchain’s Merge
The blockchain will “emerge as a digital asset category leader, given its economic transition, scalability roadmap, and [the] vibrant digital economy being built on it,” Bernstein said. It also expects strong institutional adoption of ether (ETH), due to its leading market share, market capitalization, and liquidity. Original Source
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