London Hard Fork Proves Ethereum Can Make Significant Changes, Vitalik Buterin

Ethereum creator Vitalik Buterin has addressed the no-fork blockchain Ethereum Classic which follows the protocols and consensus based on the Ethereum platform prior to the recent hard fork. In a telling statement via a blog post today, Ethereum creator Vitalik Buterin revealed that the foundation that continues to develop and support the Ethereum blockchain will commit to the hard fork decision taken by miners. Buterin called the hard fork community consensus as an “admittedly difficult” decision. Buterin also added that the foundation will not oppose or hinder any efforts to use the....

The Ethereum blockchain has completed the highly anticipated London upgrade on Thursday and ether fans have been discussing the protocol’s burn rate with great fervor following the fork. 5.9 Ether Is Burned Every Minute, Vitalik Buterin ‘Confident’ About the future after London At press time, Ethereum is burning 5.9 ether per minute or $16.8K using today’s exchange rates against the U.S. dollar. Meanwhile, in a recent interview from Singapore, Ethereum’s co-founder Vitalik Buterin said the Ethereum Improvement Proposal (EIP) “1559 is definitely the most....

The London upgrade has been a success, and now eyes are on the even more eagerly awaited merge with Eth 2.0 Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success adding that it has given him more confidence over the upcoming merge to the Eth 2.0 chain.Speaking to Bloomberg News from Singapore, Buterin said that EIP-1559 is “definitely the most important part of London.” The upgrade, which went live around 15 hours ago, has tweaked the fee generation mechanism resulting in a portion of the fees being burnt.At the time of writing, more than 3,500 ETH worth around $9.8....

Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the crypto community. Buterin remarked at the ETH-Seoul conference over the weekend, that he believes the people introducing the forked token concept are basically a “couple of outsiders” that “mostly just want to make a quick buck.” Vitalik Buterin Gives His Opinion on the Proposed Ethereum PoW Fork Idea A lot of people within the crypto community have....

The highly anticipated Ethereum hard fork is expected to launch on August 4 at block height 12,965,000 according to Ethereum core developers. The London hard fork will add five Ethereum Improvement Proposals (EIPs) that aim to enhance the blockchain. However, the Berlin hard fork was postponed after a vulnerability was identified by the audit company Chainsecurity and the London hard fork could be delayed as well. London Hard Fork Scheduled for August 4, 2021 Ethereum’s London hard fork is one of the most long-awaited changes in quite some time and will follow the recently....