Ethereum completed the switch to a Proof-of-Stake consensus system earlier this year, here’s how much energy is being saved thanks to the Merge. Ethereum PoS Merge Reduced Energy Consumption By 99.84%...
Tag: merge
Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’
“In the trilemma of scalability, decentralization and security, we focus on decentralization,” Stefan George, the co-founder and chief technology officer at Gnosis, told CoinDesk. “Contrary to many ‘E...
Ethereum merge might have resulted in 40% loss for Hive Blockchain revenue
Bitcoin (BTC) mining analyst Jaran Mellerud estimated that the Ethereum (ETH) merge might have led to a 40% drop in Hive Blockchain’s revenue. Hive just lost its ether mining cash cow. I estimate its ...
Ethereum Net Issuance Since Merge Reaches 2,400, Has Deflation Experiment Failed?
Arman Shirinyan Dream of deflation flies away from Ethereum as net issuance is positive again Ethereum’s deflation was initially considered as the main fuel for the growth of the second biggest ...
Ethereum’s Merge Will Boost the Prospects of the Best Meme Token to Buy Now, Big Eyes Coin, As It Overtakes Projects Like FTX and Solana
Ethereum (ETH) has been gaining more traction in the last few weeks than its rival, Bitcoin (BTC). Many would attribute the bullish character of Ethereum to “The Merge.” However, the change from Proof...
Hive Blockchain Pivots to BTC Mining Following ETH Merge
Mining companies that relied heavily on Ethereum have had their revenue slashed following the Merge. The survivors have pivoted to BTC mining, and Hive Blockchain is among them. Former Ethereum mining...
Ethereum’s net issuance reading since merge has got some tips for traders
Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few days. Glassnode, a crypto analytics firm, reported that over the past few...
What Comes Next After Ethereum Biggest Event, the Merge
Many tech giants regulate software updates without the consent of users, but one of the major leading cryptocurrencies Ethereum chose the opposite path. Recently, Ethereum announced that it would brin...
Justin Sun says Huobi and Poloniex could merge in future: Exclusive
Crypto exchanges Huobi and Poloniex could merge in the future, Justin Sun, founder of Tron and member of Huobi’s global advisory board, told The Block. Earlier today, China-based crypto re...
Poloniex Exchange To Merge With Huobi?
The post Poloniex Exchange To Merge With Huobi? appeared first on Coinpedia Fintech News According to a recent tweet from Wublockchain, The Poloniex exchange, which Justin Sun acquired from Circle in ...
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022
Edward Snowden Talks Tornado Cash Sanctions, Ethereum Merge, DAOs and NFTs at Camp Decrypt 2022 In an extensive talk with Decrypt’s Dan Roberts at Camp Decrypt in Napa CA in October, Edward Snow...
Is GPU mining profitable after the Ethereum Merge?
The Merge forced miners to shift to alternative GPU mineable cryptocurrencies, a newly forked version or dump or sell their equipment at a low price. Shift to alternative GPU mineable cryptocurrencies...
Ex-Ethereum Miners Token bound to be active after the Merge
The situation of miners post Merge is in very bad condition. Thousands of miners along with their equipment are now left with no work. Ethereum Merge made the world difficult for miners to survive. A...
Ethereum turns deflationary for the first time since the Merge — ETH price still risks 50% drop
The annual supply rate of Ether (ETH) slipped below zero for the first time since Ethereum’s transition to proof-of-stake via the Merge in September. The reason? A spike in on-chain activity amid a ma...
Bitcoin vs Ethereum after the Merge
Now that the Merge has been executed, the question remains: who is more decentralized between Bitcoin and Ethereum? Bitcoin vs. Ethereum after the Merge: the importance of decentralization Ethereum’s...
Why Ethereum Is More Decentralized After the Merge
Decentralization isn’t a spectrum. It is one side of a sliding scale. And in crypto, finding an objective middle that distinguishes between centralized and decentralized projects is close to impossibl...
Lidar makers Ouster and Velodyne agree to merge
The New York Stock Exchange welcomes Ouster Inc. (NYSE: OUST), today, Friday, March 12, 2021, in celebration of its Initial Listing. To honor the occasion, Ouster CEO Angus Pacala, joined by Chris Tay...
How will ETH perform in 2023 after the Merge? Ethereum-based Uniglo.io will Launch in November with Massive Supply Burn
In September, Ethereum (ETH) completed an upgrade from a proof-of-work protocol to a less energy-intensive proof-of-stake consensus algorithm. The smart contracts platform is now at a post-Merge stage...
Hard Hit On Crypto Miners in Vietnam Following The Ethereum Merge
Crypto industry has already been facing a number of issues since the start of this year. The downturn in the crypto market led many cryptocurrencies’ prices to witness their recent lows. Apart from cr...
Scam Artists Used Ethereum 2.0 Merge To Steal $1,200,000 in Crypto, According to Chainalysis
Blockchain analysis firm Chainalysis says scam artists stole $1.2 million worth of Ethereum (ETH) during the project’s merge to proof-of-stake. The firm notes in a new blog post that merge-related sca...
Ethereum: Scammers made millions, thanks to the word ‘Merge’
It has been a little over seven weeks since Ethereum made the landmark transition from its energy-intensive proof-of-work consensus protocol to the environment-friendly proof-of-stake consensus mechan...
Why Ethereum’s Post-Post-Merge Will Be Better Than The Merge
Ethereum co-founder Vitalik Buterin speaks at ETHDenver on February 18, 2022 in Denver, Colorado. … [+] The Ethereum “merge” was completed in September. (Photo by Michael Ciaglo/Gett...
Saylor deems Bitcoin winner over major asset classes as downturn persists; Ethereum outperforming BTC after merge
The biggest news in the cryptoverse for Nov. 2 includes Saylor saying that Bitcoin is winning over gold and other major asset classes, JPMorgan executing its first DeFi transaction, EU’s MiCA targetin...
Ethereum’s largest whales back in ‘hodl’ mode after Merge
After a significant slump in accumulation ahead of the long-awaited Merge upgrade to the Ethereum (ETH) network that marked its transition from the Proof-of-Work (PoW) to the Proof-of-Stake (PoS) algo...
Stats explained: Ethereum’s issuance and burn stats since the merge
When Ethereum was first launched in July 2015, all its transactions, smart contracts, and accounts were held through the Proof-of-work system. PoW adds new data and transactions to the blockchain but ...
The Merge and NFT – The Cryptonomist
Ethereum’s Merge was a key step in the evolution of its infrastructure: will it impact the NFT sector as well? Indeed, it replaced Proof-of-Work (PoW) with Proof-of-Stake (PoS). PoW had some limitati...
Dogecoin Will Some How Merge With Twitter – Says Cardano Founder
Following the news that Elon Musk had taken over Twitter, the price of Dogecoin experienced a substantial increase. According to reports, Dogecoin surged 124% in the last week, taking the top spot on ...
The Merge brings down Ethereum’s network power consumption by over 99.9%
The Merge, which is considered one of the most significant blockchain upgrades on Ethereum to date, brought down the network’s energy consumption by 99.9% immediately. On Sept. 15, the Ethereum blockc...
Number of smart contracts on Ethereum soars to 16-month high following Merge upgrade
As the cryptocurrency market seemingly started waking up from its weeks-long hibernation, the smart contract activity on some blockchains seems to have picked up, including on Ethereum (ETH). Indeed, ...
Mysterious Whales Moving Millions In ETH As Ether Hits Highest Price Point Since The Merge ⋆ ZyCrypto
Advertisement     The Ethereum market has been rallying on the back of massive whale activity. According to data pointed out by crypto market intelligence platform San...
DOGE Marked 10-Week Peak, ETH at Highest Levels Since Merge: Market Watch
Bitcoin continued to mark new local peaks in the past 24 hours, briefly touching $21,000 for the first time in six weeks. Dogecoin has emerged as today’s best performer following Elon Musk’s visit to ...
Assessing Lido’s [LDO] status post-Ethereum [ETH] merge
LDO, the native token of leading Ethereum [ETH] staking platform Lido Finance ranked high on the list of best-performing cryptocurrency assets in the last week. According to data from cryptocurrency p...