Kraken Donates $250,000 To Advance Ethereum 2.0 Blockchain Upgrade Efforts
Ethereum 2.0 blockchain upgrade remains one of the most anticipated upgrades in the crypto space. Most of the upgrades required for the complete overhaul have already been performed. Things like the London Hard Fork came with EIP-1559. This upgrade completely changed the monetary policy of the network. Moving ETH towards becoming deflationary in the long-term. […]
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The most anticipated upgrade since the inception of Ethereum was carried out on August 5th. The upgrade has already started burning coins. So far hitting over 3 ETH burned per minute in the last 24 hours. Following the upgrade has been Ethereum co-founder saying the upgrade shows the network can make significant changes. The success […]
As we have noted here previously, Ethereum will be releasing a comprehensive but not backward compatible upgrade to the blockchain as implemented for Bitcoin. Similar efforts are happening with Counterparty, who intend to provide an upgrade in place. Concealing transactions are a key feature for both of these efforts. One team is skipping ahead with an effort focused on anonymous transactions, and they have just announced a cryptography focused white paper entitled ShadowCash: Zero-knowledge Anonymous Distributed E-Cash via Traceable Ring Signatures (pdf). What Is Shadow Cash? ShadowCash....
Merge is the currently awaited upgrade on the Ethereum blockchain. With the launch of Merge, the network is expected to migrate from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. This would finally remove the mining process entirely from the Ethereum blockchain. Hence, transaction validation will solely depend on staking after the upgrade on the […]
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 […]
The Ethereum upgrade consists of a category of projects. These projects aim to improve the blockchain’s security, scalability, and sustainability. At the moment, each of these projects is still under development. Notwithstanding, every one of them will be deployed at a time already slated. Setting the foundation of the future Ethereum upgrade is the Beacon […]