proof of stake
Ethereum’s shift to proof-of-stake draws increasing institutional interest
Ethereum’s shift from proof-of-work to proof-of-stake increased interest for staking across a number of parties — including institutions.
Since the Merge, the second most valuable blockchain’s cryptocurrency, ETH, has tumbled — and some are saying its price hasn’t bottomed out yet.
Although the Merge was a huge feat, there are plenty more upgrades planned for the Ethereum blockchain down the road.
The Merge, the long-awaited software upgrade that promises to make Ethereum transactions a lot greener, is expected to put miners out of jobs. But miners are not quitting outright. With…
Ethereum switches to proof-of-stake consensus after completing The Merge
Popular cryptocurrency blockchain Ethereum has completed its long-awaited switch to proof-of-stake. That upgrade process, better known as “The Merge”, has been years in the making. According to the Ethereum Foundation,…
Lido, Coinbase, Kraken and Binance stake majority of ETH. Does that matter?
Ahead of the Merge, the four entities make up over 60% of the staked ETH.
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‘The Merge’ could be good news for China’s Ethereum enthusiasts
When China banned cryptocurrency mining and trading, many saw it as putting an end to a burgeoning industry in the world’s second-largest economy. As it turned out, the country’s crypto investors, developers and hobbyists continue to play a critical role in building the backbone and applications of web3. The Merge, the much-anticipated network update on Ethereum…
Ethereum Merge may not ‘fix everything,’ but it could boost institutional adoption
The Ethereum Merge may allow for far more applications to be built upon its network, opening up innovation and bringing on new financial institutions.
How the upcoming Ethereum Merge could change crypto’s rewards, costs and reputation
The long-awaited systemwide upgrade will, experts say, reduce the blockchain’s energy consumption by about 99% by switching its transaction verification system away from “proof-of-work.”
Japan’s gaming blockchain builder Oasys raises $20M in private token sale
Veterans from the established gaming world are flocking to web3. Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears…
Blockchain’s youngest billionaire roasts world’s biggest cryptocurrency
Thirty-year-old crypto billionaire Sam Bankman-Fried took aim at Bitcoin, the world’s largest cryptocurrency, saying it has no future as a payments network in an interview with Financial Times today. Bankman-Fried…
The looming shift in Ethereum from proof of work to proof of stake will have a noticeable impact on the broader crypto market.
The world’s most-used blockchain, Ethereum, is switching to a new validation system this summer called proof-of-stake (PoS). PoS, favored over its predecessor for its relative energy efficiency, lets users validate…
Subspace Labs raises funding for a more scalable, sustainable blockchain
As the crypto space has grown in popularity, some of the most popular blockchains have struggled to meet user demand. New projects are aiming to tackle issues like notoriously high…
Entrepreneur First launches partnership with Tezos to spin up Web3 startups
Entrepreneur First (EF), an accelerator-come-company builder, is partnering with the Tezos crypto platform to attract new potential founders to Web3. EF specializes in putting together early-career co-founders, developing their ideas…
Web 1.0 was the static web, and Web 2.0 is the social web, but Web 3.0 will be the decentralized web. It will move us from a world where communities…
Crypto community slams ‘disastrous’ new amendment to Biden’s big infrastructure bill
Biden’s major bipartisan infrastructure plan struck a rare chord of cooperation between Republicans and Democrats, but changes it proposes to cryptocurrency regulation are tripping up the bill. The administration intends…
Solana, a blockchain platform followed by top crypto investors, says it’s far faster than Ethereum
Solana isn’t widely known yet outside of the crypto community. But insiders think the blockchain platform is interesting for a wide variety of reasons, beginning with its amiable founder, Anatoly…
A conversation with Bison Trails, the AWS-like service inside of Coinbase
Coinbase shares tumbled today to their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at…
