Gary Gensler, the chairman of the United States Securities and Exchange Commission (SEC), said after a congressional hearing on Thursday that cryptocurrencies and exchanges that offer a staking featur...
Tag: PoS
SEC chair says PoS crypto may be securities hours after Ethereum Merge
Ethereum’s transition to Proof-of-Stake (PoS) seems to have caught the attention of the Securities and Exchange Commission (SEC) chair Gary Gensler, who said PoS cryptocurrencies might count as securi...
Details: 46% of Ethereum PoS nodes controlled by 2 addresses
The Merge gave birth to Ethereum PoS, a complete transition from an energy-intensive proof-of-stake consensus mechanism to an environmentally friendly proof-of-stake consensus mechanism. The transit...
EthereumPoW (ETHW) Tokens Can be Bridged to PoS Chain, Here’s How
Vladislav Sopov Marcello Bardus, seasoned Ethereum (ETH) researcher, proposed design that would allow users to transfer value between PoW and PoS versions of post-Merge Ethereum Contents EthereumPoW (...
45% of Ethereum PoS Nodes Run By Two Addresses, Raising Fresh Centralization Concerns ⋆ ZyCrypto
Advertisement     Recent data suggests that only two addresses run over 45% of all Ethereum PoS nodes after The Merge. The much-anticipated Ethereum Merge is finally h...
Ethereum community wastes no time minting PoS NFTs right after the Merge
The long-awaited Ethereum Merge has happened, and the community can’t sit still. Moments after the historic crypto event, one user minted the first ever nonfungible token (NFT) on the proof-of-stake (...
Ethereum PoS Might Be Still Heavily Centralized: Santiment Data
Ethereum as a Proof-of-Stake (PoS) consensus model is still in its infancy, and on-chain data has started picking up some minor flaws in its organization. According to data from blockchain analytics p...
Ethereum (ETH) Enters Proof-Of-Stake (PoS) Era After Successful Merge
Ethereum Merge has triggered successfully by the total terminal difficulty (TTD) of 58750000000000000000000 at block 15537394 on September 15 at 06:42:42. Ethereum has now transitioned to proof-of-sta...
Cardano’s Charles Hoskinson Hits Back at Jack Dorsey Over PoS Debate
Former Twitter CEO Jack Dorsey’s latest tweet did not sit well with the Cardano creator, Charles Hoskinson, who squarely aimed at the Bitcoin proponent and said the Merge will kick off an “era” where ...
Ethereum switches to PoS, ETH falls below $1,500 as over $150M is liquidated
The biggest news in the cryptoverse for Sept. 15 includes ETH falling below $1,500 as over $150M is liquidated, the first post-merge NFT “The Transition” minting for $60,000, Charles Hoskinson saying...
Only 2 addresses control 46% of all Ethereum’s PoS nodes for processing transactions post-Merge
The cryptocurrency sector is still reacting to Ethereum’s (ETH) migration to a Proof-of-Stake (PoS) protocol that comes with several potential benefits, like making ETH a deflationary asset. In this l...
ETH Miners Left Disappointed After Successful Transition to POS
3 hours ago | 2 mins read Editors News Today, most cryptocurrency is mined at specialized facilities known as “farms.” To add its transactions to Ethereum’s distributed ledger, a validator must stake ...
Merge accomplished: Ethereum moves to PoS
Today, 15 September 2022, a date predicted for more than a month, the Ethereum Merge finally took place. And we finalized! Happy merge all. This is a big moment for the Ethereum ecosystem. Everyone wh...
Ethereum Completes Highly-Anticipated Merge, Transitions to PoS
The Ethereum network has finally completed its long-awaited upgrade, The Merge, on Thursday, September 15, 2022. The upgrade saw the merging of the Ethereum mainnet execution layer and the Beacon Chai...
Ethereum switches to PoS after successfully completing the Merge
Ethereum (ETH) has migrated to a proof-of-stake network after the blockchain reached a terminal total difficulty of 58,750,000,000T at 06:43 UTC. Ethereum co-founder Vitalik Buterin tweeted that the M...
Ethereum Merge Is Fine, What About Dogecoin’s Transition To PoS?
The Merge upgrade on the Ethereum network is perhaps the hottest topic across the cryptocurrency space. The first smart contract compatible blockchain network is going to be the first blockchain to tr...
A Comprehensive Look at Ethereum and The Merge: Part Two
September 12, 2022, 3:42PM EDT • 14 min read Quick Take The Ethereum network is just days away from the merge, where it will finally transition from proof-of-work (PoW) to proof-of-stake (PoS) consens...
Ethereum (ETH) on PoS Already Under 51% Attack: Investor Jason Williams
Vladislav Sopov Seasoned investor and award-winning author explains why post-Merge Ethereum (ETH) looks centralized for him Contents Jason Williams warns about “51% attack on ETH 2.0” Comm...
The Merge Is Nearly Here: What to Expect From Ethereum’s Transition to Proof of Stake (PoS)
After several delays, Ethereum’s proof-of-stake upgrade is finally here. It is expected to take place between Sept. 14 – 15. Ethereum users have been eagerly awaiting the upgrade, dubbed the ‘Merge’, ...
Ethereum’s Transition to PoS Consensus
The Ethereum network is right about to shift from the power-hungry Proof-of-Work (PoW) to an eco-friendly Proof-of-Stake (PoS) mechanism. It’s worth mentioning that the Beacon Chain, Ethereum’s PoS ne...
Bitcoin proponent claims PoS rewards aren’t ‘yields,’ Vitalik snaps back
Independent developer and Bitcoin proponent Udi Wertheimer created quite a buzz on Crypto Twitter earlier on Monday after he claimed that a proof-of-stake (PoS) based yield reward system for staking i...
Ethereum’s Transition to PoS Could Push PoW By The ‘Wayside’, Ethereum Co-founder Says
The “difficulty bomb” developers had placed in the code was a warning sign to miners that one day the transition would happen, Di lorio said. The difficulty bomb, as explained by Ethhub, is intended t...
An Overview of Post-Merge Milestones for Ethereum
September 8, 2022, 1:21PM EDT • 4 min read Quick take Ethereum’s transition to proof-of-stake consensus (“The Merge”) is slated to take place next week. While there aren’t many new user-facing change...
gm: Bitcoiner Dan Held Talks Ethereum Merge, PoW vs PoS, and NFTs
gm: Bitcoiner Dan Held Talks Ethereum Merge, PoW vs PoS, and NFTs Dan Held is an old-school Bitcoiner who has been in the space since the very beginning; he sold his price app ZeroBlock to Blockchain....
Why Ethereum stands at last spot in staking race of PoS chains
What would happen to staking rewards on the post-merge Ethereum [ETH] proof-of-stake blockchain? Any idea? Consider the following scenario then. Staking is one of the most awaited features of the post...
Opensea to support Ethereum’s PoS after merge
Join Our Telegram channel to stay up to date on breaking news coverage Global NFT marketplace, OpenSea, has maintained that it would only back the proof-of-stake (PoS) sphere of Ethereum after the Mer...
MATIC Climbs 6% After Robinhood Support For Polygon POS Chain
MATIC has spiked by as much as 6% today with the crypto landscape having an optimistic vibe the entire week. MATIC looking positive with a surge of 6% Polygon performance improves following announcem...
What might happen if one day Bitcoin becomes PoS?
Bitcoin is a protocol that uses Proof-of-Work (PoW) as its consensus mechanism. This is a mechanism that involves significant power consumption that increases as the value of BTC rises, but at the sam...
Vitalik Buterin and Armstrong Discuss Ethereum PoS Change as Merge Approaches – crypto.news
Vitalik Buterin, the co-founder of Ethereum, and Brian Armstrong of Coinbase, think that their support for Ethereum’s imminent transition from a proof-of-work (PoW) to a proof-of-stake (PoS) consensus...
Shiba Inu (SHIB) Can Now Be Accepted Through NOWPayments POS Terminal: Details
Tomiwabold Olajide More businesses can now accept Shiba Inu (SHIB) easily through this innovation Shiba Inu can now be accepted through NOWPayments PoS terminal, which can act as a SHIB payments proce...