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“Because they’re driven by market volume and velocity of the NFT space in general, not many people are making tons of money from royalties,” Qadir said. Royalties, which are considered to be “social norms enforced by marketplaces,” Qadir said, are used as a way for creators to earn money on
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After a successful Ethereum Merge, all eyes are set on the next phase of transition that would introduce key scalability solutions on the platform, including sharding. Market experts believe sharding would be a game changer for the Ethereum network as it could potentially solve the scalability trilemma.In an exclusive conversation with Cointelegraph,
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Artist and independent Kyle McDonald said on CoinDesk TV’s “First Mover,” the possibility Ethereum’s Merge will reduce energy costs by 99.95% is “highly realistic.” Original Source
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In comparison, Tron had a yearly energy consumption of 162,868 kWh for over 2.31 billion transactions, or roughly 99.9% less than the power consumed by Bitcoin and Ethereum. This pegged Tron’s energy consumption as “equal to the energy consumption of 15 average U.S. households,” as per CCRI. Original Source
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Meanwhile, the researcher added that over 113,000 ether sent to Tornado Cash was additionally converted to renBTC, a token on the Ethereum network that represents bitcoin, through decentralized exchanges Uniswap and 1inch. The renBTC was later transferred from Ethereum to Bitcoin and redeemed for spot bitcoin. Source
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Ethereum researcher, Vivek Raman, is convinced that Ethereum’s (ETH) upcoming transition to a proof-of-stake system will enable it to take over Bitcoin’s (BTC) position as the most prominent cryptocurrency."Ethereum does have, just from an economic perspective and because of the effect of the supply shock, a chance to flip Bitcoin,"
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Responsibility for Ethereum’s climate impact lies with institutions, not individuals, argues the emissions dashboard creator. Original Source
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Chris Kuiper, Head of Research at Fidelity Digital Assets, is convinced that Bitcoin (BTC) should be treated separately from other digital assets and believes it plays an exclusive role in investors’ portfolios. Fidelity Digital Assets' latest report, titled Bitcoin First, targets two main concerns that Fidelity’s clients have raised towards BTC —
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In an exclusive television interview with Fox Business on Wednesday, JMP Securities director of financial technology research, Devin Ryan spoke candidly on a range of topics within the cryptocurrency industry. This included the macroscopic regulation amid the impending expectations of a White House policy framework, states within the United States
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Ethereum, the second-largest blockchain network by valuation, has the potential to jump to replace Bitcoin to become the top digital asset, says Ryan Watkins of Messari. The senior research analyst cited a flurry of catalysts that could lead to the so-called flippening event. Firstly, Ethereum’s full protocol upgrade to proof-of-stake from
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