The ‘Purge’ — Vitalik’s plan to reduce Ethereum’s bloat
Vitalik Buterin’s “The Purge” aims to streamline Ethereum by reducing data bloat, simplifying the protocol and addressing technical debt for better efficiency. Go to Source
Ethereum Upgrade
Auto Added by WPeMatico
Ethereum ‘Verge’ upgrade to enable nodes on phones and smartwatches
Ethereum’s next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches. Go to Source
Ethereum’s Gas Fees Remain Low While Network Turns Inflationary
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking … Read more
JPMorgan Says Bitcoin Halving and Ethereum Upgrade ‘Are Largely Priced In’
JPMorgan Chase has discussed three main catalysts driving crypto prices over the coming months. The global investment bank’s analysts believe that the Bitcoin halving event and the next major upgrade of the Ethereum network are largely priced in. JPMorgan on Catalysts Affecting Crypto Prices Global investment bank JPMorgan Chase has provided its insights into three … Read more
Coinbase Could Be a Material ‘Beneficiary’ of Ethereum’s Merge Transition, JPMorgan Analyst Says
JPMorgan analyst Kenneth Worthington says digital currency exchanges like Coinbase will end up being a meaningful “beneficiary” of Ethereum’s long-awaited transition from proof-of-work (PoW) to proof-of-stake (PoW). Based on $2K ethereum prices and a 5% ethereum yield, Worthington explained that The Merge could boost Coinbase’s annual income by $80 to $100 million from staking services. … Read more
OpenEthereum support ends with the Merge fast approaching
“The usefulness has run its course,” the OpenEthereum team wrote regarding its popular software, “we look forward to the next phase of clean, green and massively scalable blockchain infrastructure.” Go to Source Powered by WPeMatico
Ethereum Merge a ‘few months after’ June: Dev clears up what’s going on
“It won’t be June, but likely in the few months after. No firm date yet, but we’re definitely in the final chapter of PoW on Ethereum,” said developer Tim Beiko. Go to Source Powered by WPeMatico
Abra CEO Bullish on Ethereum, Predicts ETH Could Hit $40,000
Abra’s CEO has predicted that the price of ether could reach $40,000. He’s more bullish on Ethereum than Bitcoin. “The use cases are through the roof,” said the executive. Abra’s CEO Predicts Ethereum Price The CEO of crypto trading platform Abra, Bill Barhydt, shared his thoughts on why he is more bullish about Ethereum than … Read more
Ethereum is becoming ultrasound money, ConsenSys founder says
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin. Go to Source Powered by WPeMatico
Ethereum Community Gears up for the Long-Awaited London Fork Set to Go Live on August 5
The Ethereum community has been gearing up for the highly anticipated London Network Upgrade which should take place on August 5 around 2:00 p.m. (EDT). Node operators have been asked to upgrade their nodes as soon as possible, as the upgrade is scheduled to take place at block height 12,965,000. Ethereum Set to Fork on … Read more
