Alternative blockchains such as Terra, Binance Smart chain, Avalanche, Solana, Fantom, Tron and Polygon have been gaining the most market share in the DeFi space, and these competitors have received a lot of funding and used incentives to increase usage in their own ecosystems, JPMorgan said. Source link … [Read more...] about JPMorgan Says Ethereum’s DeFi Dominance at Risk Due to ‘Sharding’ Delays
Ethereums
The State of Ethereum’s Fee Market
While looking back on August’s London hard fork, it is easy to focus on the millions of ether burnt via transaction fees. While important, just looking at the burn mechanism would be shortsighted and overly focused on “number go up.”This article originally appeared in Valid Points, CoinDesk’s weekly newsletter breaking down Ethereum 2.0 and its sweeping impact on crypto … [Read more...] about The State of Ethereum’s Fee Market
‘We are 50% of the way there,’ says Vitalik on Ethereum’s development
Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs to be more agile and more lightweight in terms of blockchain data so that more people can manage and use it.At … [Read more...] about ‘We are 50% of the way there,’ says Vitalik on Ethereum’s development
What Ethereum’s Kintsugi Testnet Means for Proof-of-Stake
Kintsugi is a “longer-lived, public testnet” that will allow application developers and users to become familiar with a post-merge Ethereum environment. Heavy usage of the test network will allow clients and Ethereum developers to find any potential issues and further mitigate issues during mainnet’s impending Merge. Source link … [Read more...] about What Ethereum’s Kintsugi Testnet Means for Proof-of-Stake
Why Ethereum’s ‘Difficulty Bomb’ Has Been Delayed Again
The Ethereum network recently underwent the Arrow Glacier hard fork on Dec. 9, with the sole purpose of delaying the “difficulty bomb” to June of next year. The difficulty bomb is a mechanism to force the proof-of-work network to stop producing blocks, making mining unprofitable and disincentivizing miners from keeping the chain alive after the network merges to … [Read more...] about Why Ethereum’s ‘Difficulty Bomb’ Has Been Delayed Again