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
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
Ethereum Is No Longer a One-Chain Ecosystem
As a technology, Ethereum and other smart contract chains have proved to be an exciting and profitable platform for creators and developers to build and share their work. DeFi developers have created billions of dollars in value by building financial products open and accessible to the world, and artists have found amazing success with creating digital, liquid art in the form … [Read more...] about Ethereum Is No Longer a One-Chain Ecosystem
Ethereum Gas Site Fees.wtf’s $WTF Token Down 80%, Following $SOS and $GAS
Ethereum transaction costs, colloquially referred to as “gas fees,” have long been a pain point in the Ethereum community, with many bemoaning that high transaction costs have made Ethereum Layer 1 unusable for the average retail user. A single transaction (such as purchasing an NFT or swapping tokens on decentralized exchange Uniswap) could range from $15-$20 on the lower end … [Read more...] about Ethereum Gas Site Fees.wtf’s $WTF Token Down 80%, Following $SOS and $GAS