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Analysis from Santiment indicates that 46.15% of Ethereum’s PoS nodes are controlled by only 2 addresses.Hours after the Merge, the first address has validated about 188 blocks or 28.97% of the nodes, and the second has validated 16.18%, or 105 blocks. On Twitter, the data became a controversial topic as
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The “difficulty bomb” developers had placed in the code was a warning sign to miners that one day the transition would happen, Di lorio said. The difficulty bomb, as explained by Ethhub, is intended to “freeze” the chain by increasing “the difficulty level of puzzles” for the proof-of-work algorithm, which
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MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6% Polygon performance improves following announcement of Robinhood’s support for Polygon transactions Around 18 million MATIC transactions made after Robinhood partnership announcement Polygon (MATIC) is dubbed to
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In a tweet, Brian Armstrong expressed his preference not to censor transactions to and from sanctioned addresses after Ethereum's transition to proof-of-stake. Source
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On Tuesday, Circle, the issuer of the USD Coin (USDC) stablecoin, pledged its full support for the transition of Ethereum to a proof-of-stake, or PoS, blockchain after the much-anticipated Merge upgrade. The firm views the Merge as an important milestone in the scaling of the Ethereum ecosystem, writing:“USDC has become
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While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more than 33%
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The Ethereum blockchain is on the verge of one of the most crucial technical updates since its inception, moving from proof-of-work (PoW) to proof-of-stake (PoS), also called Ethereum 2.0, or Eth2. Ethereum devs gave Sept. 19 as the perpetual date for the merger of the current PoW chain to the PoS
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While some believe that Ethereum’s upcoming shift to proof-of-stake (PoS) may push the platform to eventually surpass Bitcoin (BTC), others take this opportunity to make snarky remarks on Twitter, triggering a rebuttal from Vitalik Buterin, a co-founder of Ethereum. In a tweet, Bitcoiner Nick Payton called out "Proof-of-Stakers" and argued that voting
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The TON Foundation, an organization developing the Telegram-initiated blockchain project, the TON blockchain, on Tuesday officially announced that TON miners have mined the final toncoin."Tens of thousands of miners have mined the entire issuance of toncoins, which was about 5 billion tokens,” TON Foundation founding member and core developer Anatoly
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On Wednesday July the 8th, Ethereum took the biggest step towards bringing itself closer to activating the proof-of-stake (PoS) network by successfully deploying the Merge on the Ropsten testnet. The Merge is one of the crucial components of the consensus layer upgrade, known previously as “Ethereum 2.0.” The Merge is
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