Ethereum News Archives - Page 4 of 6

The Latest Version of The Geth Standalone Clients Is Now Available: Go Ethereum

16Jun

By CryptolifedigitalNo Comments

Cryptocurrency

The Latest Version of The Geth Standalone Clients Is Now Available: Go Ethereum

In the quest to control the amount of energy used in the mining of Ethereum, a few days ago, the merge was launched in the ecosystem. Although, migrating to Ethereum 2.0 under the PoS mechanism has been a serious issue for the Ethereum developers. Go Ethereum, one of the three original implementations of the Ethereum protocol, has announced that the latest version of the Geth standalone client is now available. Geth v1.10.19, also known as Camaron, is a feature release that contains a definition for the Gray Glacier fork. Gray Glacier fork is a difficulty-bomb postponement, which is expected to go live on Ethereum Mainnet towards the end of June. Read Also: Edgevana, a startup promising scalable capacity In Edge Locations Adds Support To the Solana, A Web3 Blockchain Firm. ...

Ethereum’s Present Breakthrough Could Make It The Most Unique Asset On The Earth

10Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Ethereum’s Present Breakthrough Could Make It The Most Unique Asset On The Earth

Previously, on the Ethereum network, users are charged some amounts to perform any transaction, buying, selling, swapping, minting, etc. Ethereum initially had a ridiculous record for having very high gas fees for its transactions. Two weeks ago, the crypto giant began offering meager transactional charges to its users, as recorded by Santiment. Santiment is a financial market content and data platform for blockchains and cryptocurrencies. Read Also: Tether (USDT) To Launch On Tezos Blockchain And Hope To Effect Tezos' Long Term Growth. The metric platform took to Twitter the news of Ethereum’s meager transaction prices. As of Tuesday, 24th May, the second-largest blockchain had a transaction price of $2.54 a transaction. Alongside, the above testimony, the all-await...

Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merge on the Ropsten Testnet

8Jun

By Cryptolifedigital4 Comments

Cryptocurrency

Ethereum adds 500,000 new addresses per week And Its Developers Successfully Activate the Merge on the Ropsten Testnet

Despite the cryptocurrency Market alternating between bearish and bullish, struggling to hit a bullish streak, one of its major assets, Ethereum (ETH) has been continuing to accumulate hundreds of thousands of new addresses. Read Also: Cardano IOG Join Force with Colorado Satellite TV ‘DISH’ To Release A Loyalty Coin System On Blockchain Specifically, the network has been adding around 500,000 new addresses each week, surpassing 200 million cumulative addresses, as stated by the data on the crypto analytics platform Dune. In reality, the chart above demonstrates that the total number of addresses on June 6 amounted to 207,606,780, as it has been adding an average of 500,000 new addresses weekly over the past few months. The dashboard was assembled by Dune’s da...

Ethereum’s Ropsten test merge is expected to initiate in the next 48 hours

7Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum’s Ropsten test merge is expected to initiate in the next 48 hours

Ropsten, Ethereum's oldest testnet, is about to undergo its transition to proof of stake — as one of the final tests ahead of the merge on the main Ethereum blockchain. While the exact timing for the Ropsten merge will fluctuate depending on a few variables, it's expected to happen on Wednesday, according to an official blog post from Ethereum. The major aim of the testnet is to practice Ethereum’s mainnet merge by the year-end. The Ethereum core developers have conducted merge tests in the past, including a shadow fork on the main network and another merge on a testnet called Kiln. Read Also: Solana Blockchain Tops $2 Billion All-Time NFT Sales Despite Market Slump This event will take Ropsten’s two chains — one proof of work, the other being the proof-of-stake beaco...

Ethereum Hashrate Hits New ATH, While New Investors Inflow Network

5Jun

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum Hashrate Hits New ATH, While New Investors Inflow Network

Glassnode analytics agency has brought out that Ethereum Hashrate has made seen another spike, rising to a new ATH of 1,255,783,319,785,900 H/s. Read Also: Cardano Users to Explore Djed Stablecoin Trial on EVM Sidechain: Details https://twitter.com/glassnodealerts/status/1532969273324453888 As stated by a chart from coinwarz, this is quite a substantial rise as the ETH hash rate surged from 1.1838 PH/s to 1.2995 PH/s since Friday, June 3. However, Ethereum mining difficulty has also spiked, reaching 5,703,436,743,435,700. Mining difficulty rises once in a while after an inflow of new miners who come after profits making it harder for them to solve mining problems. Read Also: Cardano's Sidechain Milkomeda Could Become Network's ZkRollup https://twitter.com/glassno...

Ethereum Staking Increases but Will ETH Flood Markets After the Merge?

3Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Ethereum Staking Increases but Will ETH Flood Markets After the Merge?

The number of Ethereum (ETH) staked on the Beacon Chain has reached its highest-ever levels, but some observers are growing concerned over a larger sell-off after the merge. The amount staked ETH in the Beacon Chain Smart contrast has reached 12.76 million according to Glass node. It reported that 398,000 unique validators have staked and an additional 19,800 staked and came online in May. Read Also: Charles Hoskinson Says Cardano Will Disclose “Amazing” Features of Input Endorsers Next Week Glassnode also claims that the number of staked ETH is 10.73% of the circulating supply. At present prices, the value of those locked up assets is around $23.3 billion. Whichever way, the spike in staking and confirmation is a note of confidence for the Ethereum community in a bear m...

Ethereum Beacon Chain Releases on a New Testnet in Preparation for Upcoming Merge

1Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Ethereum Beacon Chain Releases on a New Testnet in Preparation for Upcoming Merge

The Ropsten testnet, as one of the longest-lived proof-of-work (PoW) testnet on Ethereum, is set to run through The Merge around June 8. As the merge is set to happen in August, leading Ethereum developer, Tim, Beiko announced on Tuesday that the Ropsten Beacon Chain had been released as a testnet for Ethereum users. Ropsten will be the first longstanding testnet to run via the Merge, which marks the end of the PoW architecture of Ethereum. A Step Towards The Merge Read Also: SHIB Wrapped on BNB Chain Can Now Be Used for Payments via This Company: Report The Ropsten testnet – fabricated five years ago and considered of the best replicas for the Ethereum blockchain – mimics aspects of the ETH mainnet, making it a test model of what the Proof-of-Stake network may look like....

Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why

30May

By CryptolifedigitalNo Comments

Cryptocurrency

Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why

Ethereum (ETH) staged a strong recovery from recent losses, tracking a broader gain in crypto markets. The world’s second-largest cryptocurrency jumped 7% to trade above $1,900 for the first time since sinking to a 14-month low last week. Read Also: 96 Million Shiba Inu Burnt In 24 Hours, 2.41 Billion in 7 Days: Contribution Details A bulk of this crash came after a bug in the ETH Beacon chain raised concerns over the stability of a full switch to proof-of-stake. But more recent data shows that despite doubts through last week, staking and DeFi interest in ETH has remained resilient. This is also factoring into ETH’s price action, with traders hoping that its switch to PoS- ETH 2.0- can support DeFi after the Terra crash. ETH staking grows ahead of the merge On-chain ...

Ethereum Gas Fees Touch New Lows, What’s Ahead For Ethereum

28May

By Cryptolifedigital2 Comments

Cryptocurrency

Ethereum Gas Fees Touch New Lows, What’s Ahead For Ethereum

Ethereum is one of the most widely-adopted cryptocurrency projects worldwide. Yet, it’s hated worldwide for its sky-high gas (transaction) fees. Users globally constantly complain about the coin’s terribly-high transaction prices on various social media platforms. Read also: Dogecoin (DOGE) Gets Elon Musk’s Nod as a Payment Option for Tesla and SpaceX Merchandise Shockingly, Santiment, an on-chain and metrics platform, published on Twitter a report showing Ethereum’s transaction prices plummeting to their lowest. https://twitter.com/MsCryptomom1/status/1528016341155753984 The Ethereum Platform Ethereum is a distributed, permissionless, and open-source blockchain that provides users access to a smart contract. It is the second-largest blockchain by market capitalization, f...

Ethereum Core Developer Gives A Clue At Proof-Of-Stake Shift Taking Place In August 2022

27May

By Cryptolifedigital2 Comments

Cryptocurrency

Ethereum Core Developer Gives A Clue At Proof-Of-Stake Shift Taking Place In August 2022

Ethereum is shifting from PoW to PoS network to solidify its stance in the crypto space. This plan and preparation, which have been ongoing for more than a year, seem to be ending. There’s a hopeful expectation that Ethereum will finally become a proof-of-Stake network. The transition process, also known as Merge, will soon come alive. Read Also: Blue Chip NFTs 101 – What’s The Secret Behind CloneX? Built For The Metaverse Every cryptocurrency network’s security and smooth running depend on its consensus mechanism. Also, it ensures its transaction validation process that will eliminate fraud and repetition due to errors of commitment and omission. At the permissionless conference, one of Ethereum’s core developers, Preston Van Loon, made this revelation to attendees. He stated th...