ETH 2.0 Isn’t The Upgrade We Have Been Waiting For
ETH 2.0 is being heralded as Ethereum’s blockchain Messiah. Here’s the thing: it isn’t. The long-awaited modifications are unlikely to address the network’s basic problems, which are preventing wider adoption. ETH 2.0 Isn’t All That To address long-standing concerns with Ethereum, Ethereum’s administrators announced the launch of Eth 2.0 as a set of improvements to […]
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Ethereum (ETH) has not kept up with Bitcoin’s growth over the last week the way it normally would. While the largest cryptocurrency by market cap has now broken above $30,000, ETH is still trending below $2,000, a price point that should’ve already been broken given the current recovery trend in the crypto market. So why is Ethereum still trading below $2,000? Market Waiting Out Ethereum Upgrade The Ethereum Shapella upgrade is scheduled to take place on April 12 and anticipation around the upgrade is already building. However, instead of pushing the price of the digital asset up as....
Ethereum’s upgrade to ETH 2.0 has been one of the most anticipated upgrades in the crypto space. Although scheduled to go completely live in 2022, the market remains abuzz with the possibilities this upgrade will bring with it. There are going to be a number of upgrades that will culminate in the final upgrade in […]
Ethereum 2.0 finally launched yesterday after months and even years of waiting. According to data from Dune Analytics, more than 900,000 ETH, worth over $500 million, was locked into Ethereum 2.0’s Beacon Chain. This is 166% more than the threshold of 524,288 coins required to launch the upgrade. There were 2,700 unique depositors running over 20,000 validator nodes. Ethereum 2.0 Launch Stats Ethereum 2.0 finally launched yesterday. After months of waiting, the first phase of […]
The blockchain landscape is still very technical. Aside from the early enthusiasts and pioneers, it is hardly comprehensible to the masses, and it will continue to be that way, unless it breaks out of its technical shell. This isn’t unlike the predicament the Internet was stuck in, prior to the Web. So, what if blockchain technology is more like the Internet, which means that we are still waiting for its Web layers to emerge, in order to fully exploit its capabilities? Today, blockchain protocols, solutions or platforms are not straightforward to work with. At least, they require a good....
Bitcoin underwent a major network update, the Taproot Upgrade, on 04:10 UTC on Nov. 14. This is the first major upgrade that the network went through since the Segregated Witness (SegWit). The SegWit upgrade eventually resulted in the development and launch of the Lightning Network in 2018. The Taproot upgrade was originally proposed by Bitcoin […]