What The New Ethereum Stakers Self-Limit Rule Means For The Network
In an effort to maintain decentralization and promote responsible and sustainable blockchain growth, a group of large Ethereum stakers have voluntarily agreed to devote themselves to a self-limit rule that would restrict the scope of their staking activities on the network to a certain threshold. Ethereum Stakers Commit to 22% Self-Limit Rule Ethereum Beacon Chain […]
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The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators. Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses.Ether spot traders outperform stakers by 36.5%In detail, investors have locked a little over 13 million ETH into the so-called Ethereum 2.0 smart contract since it went live in December 2020. However, there is no date when these investors can redeem their tokens alongside the 10% yield.Interestingly, around 62%....
The long-awaited Ethereum upgrade, the Merge, has been released. With the transition from PoW to PoS network, the Ethereum blockchain will become more energy efficient. Also, miners will cease to be the validators on the network. Instead, stakers will finally take over the validation and security maintenance role of the Ethereum blockchain. Related Reading: Why […]
Ethereum Classic moves to the upside and recorded impressive performance over the last week. ETC bulls have been making this push as Ethereum prepares for one of the most important events in its history, The Merge. Related Reading | Ethereum Whales Purchase Over $6 Million Worth Of APE Tokens Set to combined Ethereum’s Proof-of-Work execution layer with its Proof-of-Stake consensus layer. The Merge will finalize the launch of this network’s PoS chain. At the time of writing, Ethereum Classic (ETC) trades at $43 and records a 10% and 66% profit in the last 24 hours and 7 days,....
The 1inch Network’s governance framework will have many of the hallmarks of Ethereum-based projects in a move that prioritizes user experience and broader network participation. 1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal process. On Wednesday, the Foundation announced the creation of the 1inch Network Governance, which complements the “instant governance” framework the protocol launched back in December 2020. Instant governance gave 1inch token stakers....
The Ethereum ecosystem is going through several changes with the recently announced new hard fork. Unfortunately, it appears the network is showing signs of fewer transactions being accepted than before. Developers are also advising on raising the gas limit to 3.3 million as soon as possible. Similarly to Bitcoin, Ethereum’s blockchain is showing signs of bloat as well. To be more precise, there are quite a few Ethereum wallet addresses taking up blockchain space. Most of these accounts are empty, yet their dataset carries over into newer network blocks. To debloat the blockchain, Ethereum....