PROOF-OF-STAKE
Proof of stake is a consensus mechanism where the amount of cryptocurrencies that can be mined is defined by the amount of cryptocurrencies that a particular user holds, or stakes.
POSA Publishes Two White Papers
The nonprofit cryptocurrency industry group Proof of Stake Alliance (POSA) has produced papers on receipt token legality.
Tim Beiko announced Shapella upgrade
Full and partial validator withdrawals alter the consensus layer.
The amount of ETH burned will continue to increase as transaction fees are burned
Since September 2022, traders have started withdrawing ETH from exchanges.
Ethereum Founder Vitalik Buterin Speculates the Merge Will Happen on September 15
Vitalik Buterin, Ethereum’s co-founder, has hinted that the much-anticipated merge might occur around September 15.
Ethereum Classic Receives $10m Capital Boost from AntPool
Layer-1 blockchain protocol, Ethereum Classic has received a new $10 million capital boost for its ecosystem as announced by AntPool, the mining pool offshoot of Bitmain.
Ethereum is Expected to Undergo a 90% Daily Emission Reduction Following ETH 2.0 Upgrade
Market analyst Lark Davis believes that Ethereum 2.0 upgrade will prompt a 90% daily emission reduction from 12,800 to 1,280.
Ethereum Will Be Deflationary and Running on Proof-of-Stake by Year-End, says Market Analyst
Lark Davis believes that Ethereum will have cemented its status as a deflationary currency and will run on a proof of stake model by the end of 2021.
Ethereum's Average Gas Fees Hit a 3-Month Low
The average gas fees on Ethereum have hit a 3-month low, below $10.
ETH Price Sees Revival as Ethereum 2.0 Deposits Surpass $9 Billion
Ethereum 2.0 deposits just went above $9 billion as ETH is seeing impressive price corrections from last week's dip.
Retail Accumulation May Account for Why Ethereum Maintained Support at $2000
Ethereum is fighting to maintain support at $2,000. Glassnode has revealed that the addresses holding more than 0.1 Ether have reached a new all-time high today.
Bitcoin Trading Should Be Banned by Central Banks, Says Former British Member of Parliament
Former Member of the British Parliament Nick Boles appears to disfavour Bitcoin, saying that the central banks should monitor the cryptocurrency’s trades.
2% of Ethereum Supply Is Now Staked in ETH 2.0 Deposit Contract
Amid the notable uptrend it experienced in recent weeks, 2% of Ethereum's total supply is now staked in ETH 2.0 deposit contract.
More Than 50% of ETH Has Now Been Staked in Preparation for Ethereum 2.0 Mainnet
With just a week left before Ethereum 2.0, the deposit contracts that are needed have surged considerably, topping 50% of its target.
Ethereum Gains $10M Investment as 20% of ETH 2.0 Target Staked, Vitalik Buterin Discusses Expectations
With just a week and a half to go before Ethereum 2.0’s launch, the number of staked Ether (ETH) have been growing slowly, recently just topping 100,000.
Ethereum 2.0’s Launch Is 2 Weeks Away, but Only 18% of ETH Has Been Staked
With Ethereum 2.0’s first phase (Phase 0) set to launch on December 1, it appears that there is still a lot of Ether (ETH) missing for the upgrade to happen.