Archives for: September 16th, 2022

The Ethereum Merge is now complete as the blockchain moves to proof-of-stake

Written by: ( September 16, 2022 )

After a long wait, the Ethereum Merge was completed on Thursday morning. It took place at the Terminal Total Difficulty of 58750000000000000000000, finally moving the network from a proof-of-work (PoW) to a proof-of-stake (PoS) mechanism. Naturally, the community was thrilled about the upgrade. Vitalik Buterin, Ethereum founder, took to Twitter to celebrate the milestone. Since […]

Ethereum Merge begins, promises to reduce environmental impact by 99%

Written by: ( September 6, 2022 )

The Bellatrix upgrade was made available to the Beacon Chain today. This is part of Ethereum’s Merge, which will eventually transform the cryptocurrency blockchain from a proof-of-work (PoW) consensus system to proof-of-stake (PoS), and drastically reduce its environmental impact. The Ethereum mainnet, or the public network used by everyone, and the Beacon Chain are currently […]

Reddit users can now buy Ethereum on the platform

Written by: ( August 15, 2022 )

Reddit users can now purchase Ethereum (ETH) through integration with FTX, the cryptocurrency exchange owned and controlled by Sam Bankman-Fried. A press release by FTX stated that Reddit users now have the ability to use FTX Pay, the company’s payment system, to manage their blockchain-based community point. Reddit introduced community points as a reward for […]

Cloudflare to use Ethereum node to test a “better Internet”

Written by: ( May 18, 2022 )

Cloudflare, a cybersecurity firm, is poised to launch and stake Ethereum (ETH) validator nodes in the coming months ahead of Ethereum’s much-anticipated switch to proof-of-stake (PoS) over the next few weeks. Its mission is to investigate energy efficiency, consistency management and network speed of PoS networks as part of its commitment to environmental sustainability. Cloudflare […]

Ethereum network forced to delay upcoming “Merge” upgrade

Written by: ( April 18, 2022 )

The ETH 2.0 upgrade caused a storm in the investor community, which was both excited and concerned about their Ethereum investments. The Ethereum developers promised that they would provide the best possible services and modern upgrades to the network. One of those promised upgrades is going to be delayed. The software developers at Ethereum announced […]

British teenager on track to become a millionaire through cryptocurrency

Written by: ( March 7, 2022 )

In a matter of months, a 12-year-old boy from the UK who had built a digital art collection has earned a cryptocurrency fortune worth £750,000 ($985,000). Benyamin Ahmed, whose father taught him code when he was just five years old, published his own collection of whale-themed non-fungible tokens (NFT) last July. Since then, their value […]

Ethereum co-founder Anthony Di Iorio calls it quits

Written by: ( July 19, 2021 )

Ethereum co-founder Anthony Di Iorio has declared his aim to leave the cryptocurrency business, communicating worries over his own security. As per a Saturday report from Bloomberg, Di Iorio is hoping to sell his digital asset firm, Decentral, and disavow any remaining crypto projects he is engaged with, expressing that he no longer has a […]