Ethereum 2.0 Likely to Affect DeFi and DApps With PoS Introduction
While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network congestion, relatively low transaction times and throughput, large blockchain size and excessive electricity use for mining — all issues Bitcoin also…
Is Ethereum (ETH) Price on Course to $300 as DeFi Coins Skyrocket?
Bitcoin (BTC) has been showing strength in recent days as the price rallied from $9,300 to as high as $9,800. However, more strength is seen from Ethereum’s Ether (ETH) — the second-ranked cryptocurrency by market capitalization — as this cryptocurrency rallied from $225 to $246.
Congressional Candidate Hosts Vitalik Buterin, Glen Weyl in Online Forum – CoinDesk
New York congressional candidate Jonathan Herzog hosted a live YouTube broadcast with Ethereum creator Vitalik Buterin on Monday, along with author and activist Glen Weyl. Herzog is a Democrat who previously worked on Andrew Yang’s failed yet crypto-savvy presidential campaign earlier in 2020.
Ethereum May Not Be Perfect, but Most DApps Still Like to Run With It
Years on and dozens of experiments later, Ethereumstill remains the number one choice among developers of decentralized applications for deploying their products and services. The “2020 Q1 Dapp Market Report” published by Dapp.com clearly demonstrates the ongoing trend, as the statistics show that 635 DApps, or roughly half of all functioning DApps on the market,…
ETH Miners Will Have Little Choice Once Ethereum 2.0 Launches With PoS
As Ethereum is finally set to launch its Ethereum 2.0 upgrade later this year, putting an end to a long streak of delays, the network will start moving toward a proof-of-stake model. Consequently, the network will abandon the proof-of-work consensus algorithm, leaving Ether (ETH) miners with very few options. Since their equipment will become obsolete,…
In a Nutshell: Soon after Ethereum’s launch in 2015, a group of enthusiasts in Paris organized Ethereum France as a forum for Europeans to engage with the technology. What started as a modest meetup organized by the association in 2016 has grown to become the Ethereum Community Conference (EthCC), the largest annual European Ethereum networking…
EOS, Ethereum and Ripple’s XRP – Daily Tech Analysis – June 29th, 2020
EOS rose by 1.56% on Sunday. Partially reversing a 6.01% slide from Saturday, EOS ended the week down by 5.72% to $2.3697. A bearish start to the day saw EOS fall to an early morning intraday low $2.3093 before making a move.
Ethereum Developers Consider New Fee Model as Gas Costs Climb – CoinDesk
The Takeaway: The cost to use Ethereum has increased some 500% since April. That’s not very helpful for people running programs on it. And while average gas fees are not at the all-time highs seen in July 2018, the problem will need fixing if decentralized applications (dapps) can be run reliably on the world’s leading…