👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum is by far the most popular cryptocurrency for GPU miners. However, there is little time left for Ethereum in its proof-of-work state. It moves to proof-of-stake later this year when it merges with the beacon chain. What will happen to…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum staking protocol Lido’s dominance of staking has the potential of putting the entire blockchain at risk of a centralized attack when it eventually becomes a proof of stake network, an article from Danny Ryan, a researcher at Ethereum Foundation, argued….
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Ropsten testnet for Ethereum has successfully merged to activate the beacon chain. The merge indicates that all testnet validators are now running the same version of the proof-of-stake codebase for Ethereum. Ropsten proof-of-stake merge The update to Ropsten was made…
Ethereum 2 (Consensus Layer) is set to take a significant step forward as the Merge testnet goes live around June 8. 📣 Ropsten Merge Announcement 📣 Ethereum’s longest lived PoW testnet is moving to Proof of Stake! A new beacon chain has been launched today, and The Merge is expected around June 8th on the…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum’s Ropsten testnet successfully launched its proof-of-stake (PoS) beacon chain on May 30 as the highly anticipated merge of the network draws nearer. Ethereum developer Tim Beiko announced the development on Twitter, describing it as the first dress rehearsal of the…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! DeFi investors are hoping that Ethereum’s Merge will pull the crypto market out of its current bear market, according to a Bloomberg report. Data from DeFiLlama shows the total value of assets locked in the space has touched new lows. According…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Ethereum has broken a support level it has held since November 2021 on the ETH/BTC chart. Ethereum, the world’s second-largest cryptocurrency by market cap, has fallen against Bitcoin by more than 20% since its peak in December. Source: TradingView Fear of…
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It has been confirmed that the Ethereum Consensus Layer will be launched as soon as August 2022. After years of delays, “the Merge” is finally here. However, there is some concern over what will happen to the price of Ethereum (ETH)…
In a significant breakthrough for Ethereum, the Ropsten public testnet is scheduled for the “Merge” next month. The “Merge” refers to merging the current Proof-of-Work (PoW) chain with the beacon chain Proof-of-Stake (PoS) system. It signals an end to PoW on Ethereum, leading to a new, more scalable, sustainable, and environmentally friendly future. According to…
The Ethereum Foundation has released its first financial report, which offers insights into how the non-profit organization operates. Ethereum foundation holds approximately 0.3% of ETH total supply The report revealed that the foundation holds $1.6 billion worth of financial assets as of March 31, 2022. 80.5% of this is ETH, 0.7% other cryptocurrencies, and 18.8%…