Osmosis Co-Founder Sunny Aggarwal has questioned the effectiveness of Ethereum’s staking model as it will not enable withdrawal of staked ETH post-merge. Currently, there are 13.7 million ETH staked on the beacon chain. According to the PoS design, the assets will remain locked until the Shanghai update goes live in the future, In a commentary…
Two addresses have processed over 45% of Ethereum (ETH) transactions since the blockchain network completed its transition to a proof-of-stake (PoS) consensus mechanism, according to Santiment data. 📊 According to our #Ethereum Post Merge Inflation dashboard, 46.15% of the #proofofstake nodes for storing data, processing transactions, and adding new #blockchain blocks can be attributed to…
The largest liquidation candle in a month wiped out most of the gains Ethereum posted following the Merge. Following its transition to a Proof-of-Stake network, ETH touched $1,640 in what many believed would be the beginning of a rally. However, aggressive liquidation pushed its price below $1,500, with ETH standing at around $1,480 as of…
The Poloniex exchange has named EthereumFair (ETF) as the ETH Proof-of-Work (PoW) forked chain as the principal one it will support, according to a Sept. 15 statement. Previously, Poloniex voiced support for ETHW but said it changed its mind as ETF is “supported by the community’s majority.” Poloniex added that it will continue to support…
Ethereum Classic is getting a fair share of the miners who can no longer mine Ethereum after its consensus mechanism was changed to proof-of-stake following completion of the Merge. The surge of PoW miners into Ethereum Classic post-Merge has increased its hashrate by over 250% in the last 24 hours, according to 2Miners data. As…
Input Output CEO Charles Hoskinson said the Merge changes nothing in terms of performance, operating cost, and liquidity. Eth 2.0 requires Shanghai which is next year minimum by their own release schedule. My prediction is still on target. You do understand that nothing has changed in terms of performance, operating cost, nor liquidity? — Charles…
Ethereum (ETH) has migrated to a proof-of-stake network after the blockchain reached a terminal total difficulty of 58,750,000,000T at 06:43 UTC. Ethereum co-founder Vitalik Buterin tweeted that the Merge was a “big moment for the Ethereum ecosystem,” praising everyone who helped make it happen. And we finalized! Happy merge all. This is a big moment…
CryptoSlate has put everything in place to ensure you have the best experience as we celebrate one of the biggest events in the history of the internet- the Ethereum Merge. Dubbed The Panda Reveal Party, the stream starts at 3:00 PM UTC on Sept. 14, and CryptoSlate will be live streaming all-day until the Merge…
Ethereum proof-of-work hard fork will launch 24 hours following the Merge on September 15, according to a Twitter thread published by ETHW. ETHW Core Announced the Plan for Mainnet#ethereum #ethw #ethereummerge #ethereumfork $ethw $eth #ethpow 1/n pic.twitter.com/cnYOW6l1iU — EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) September 12, 2022 ETHW is the team behind the Ethereum PoW…
Ravencoin (RVN) has seen its price rise over 13% in the last 24 hours to $0.06359, capping a bullish week for the token. On the seven days metrics, the proof-of-work (PoW) token spiked by almost 70% –surging from less than $0.045 to as high as $0.072– according to CryptoSlate data. Source: TradingView (CryptoSlate) Meanwhile, Ravencoin’s…