Saturday, February 4

Tag: public testnet

The 10th Shadow Fork Has Been Executed By Ethereum’s Developers In the Preparation For the Main Merge.
Ethereum

The 10th Shadow Fork Has Been Executed By Ethereum’s Developers In the Preparation For the Main Merge.

The Ethereum’s developers have been working restlessly in preparation for the merge which was slated to happen on September 19th. Almost all the tests necessary for the main merge to occur have been done. As reported by Cryptolifedigital, the merge was supposed to have occurred but it has to be shifted a couple of times to carry out the necessary testings that give the merge a smooth operation. As previously reported, the merge did pass successfully through two out of three public testnets. The merge has run through the Ropsten and the Sepolia successfully alongside the other tests. The remaining major testnet is the Georli/Pratar which will be the last testnet ahead of the merge on the mainnet. The Georgia/Pratar is slated to happen in August this year. The Tenth Shadow Fork Was Su...
Ethereum Network To Handle 100K Transactions Per Seconds As The Network Will Be 55% Complete After The Merge Says Vitalik Buterin
Ethereum

Ethereum Network To Handle 100K Transactions Per Seconds As The Network Will Be 55% Complete After The Merge Says Vitalik Buterin

Vitalik Buterin, the Ethereum co-founder stated the changes that will become the Ethereum network once the Merge is concluded At the Ethereum Community Conference that was held on Thursday in Paris. “At the end of this road map, Ethereum will be a much more scalable system. By the end, there will be able to process 100,000 transactions per second as stated by the Ethereum CEO.” The long-awaited transition from the proof-of-work to proof-of-stake is crucial to the Ethereum network at the moment as the PoW process consumes a lot of energy and power to authenticate the transaction on the blockchain by solving puzzles. Read Also: The Cardano’s Algorithm Stablecoin, Djed Sees Multiple Partnerships Ahead Of The Vasil Hard Fork. Read Also: The Magistrate Judge Netburn Denied SEC's Ob...