Speaking to the UpOnly YouTube channel, Ethereum co-founder Vitalik Buterin said he became convinced by Proof-of-Stake (PoS) in 2014, leading him to go that direction ever since.One of the factors behind this decision is the environmental impact of Proof-of-Work (PoW) mining. But Buterin points out that even though most PoW cryptocurrencies are switching to PoS, that hasn’t … [Read more...] about Ethereum community bemoans Vitalik Buterin’s role as Dogecoin advisor
Ethereum
BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
On Thursday, a proposal to fund decentralized autonomous organization zkDAO passed via treasury protocol BitDAO with close to 200 million votes cast. The proposal was authored by Matter Labs — the organization behind Ethereum scaling protocol zkSync — and Mirana Ventures.Utilizing zk-Rollups, zkSync and its family of technologies will build layer-2 infrastructure capable of … [Read more...] about BitDAO launches $200M zkDAO to advance Ethereum scaling via zkSync
Eth2 is no more after Ethereum Foundation ditches name in rebrand
The Ethereum Foundation has removed all references to Eth1 and Eth2 in favor of calling the original blockchain the “execution layer” and the upgraded Proof of Stake chain the “consensus layer.”Ethereum’s long-awaited transition from a Proof-of-work mining model to a Proof-of-Stake (PoS) consensus mechanism is expected to go live around in the second or third quarter of this … [Read more...] about Eth2 is no more after Ethereum Foundation ditches name in rebrand
Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
Don't write off Ethereum just yet.The second-largest blockchain network by market capitalization after Bitcoin has become the dominant venue for some of the hottest cryptocurrency innovations, from decentralized finance (DeFi) to non-fungible tokens (NFT).The network's popularity – and the high fees of transacting on it – has inspired a bevy of competitors aiming to undercut … [Read more...] about Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
JPMorgan Says Ethereum Is Losing NFT Market Share to Solana
Since August, Solana has been capturing the most NFT volume share at the expense of Ethereum, the bank said, noting that was when the NFT market started a major expansion. Ethereum has also been losing market cap share to Solana in line with the declining NFT volume share. Source link … [Read more...] about JPMorgan Says Ethereum Is Losing NFT Market Share to Solana