How Rocket Pool Plans to Help Ethereum Post-Merge
Recently, Arthur Hayes, Co-Founder and former CEO of BitMEX, talked about how he is trading Ethereum’s upcoming “Merge”, which marks the transition of the Ethereum network from proof-of-work (PoW) to proof-of-stake (PoS). Here is how Ethereum Foundation explains the Merge: “The Merge represents the joining of the existing execution layer of...
As the Ethereum Merge fast approaches, Ethereum clients and developers prepare for the successful implementation of the Paris upgrade and the Merge. Almost 85% of Ethereum clients are now ready for Ethereum Mainnet (execution layer) to combine with the Beacon Chain (consensus layer). Moreover, the ETH price also jumps as the Merge readiness is now 99.64% complete.
The largest crypto exchange Binance on Monday said it is adding Terra Classic (LUNC) and TerraClassicUSD (USTC) to Binance Convert. It now allows users to trade LUNC and USTC against BTC, BUSD, USDT, and other tokens through Binance Covert at zero fees.
Optimism’s OP was not left behind as the rest of the market registered double-digit price upticks over the past week. In fact, according to CoinMarketCap, the price of the Layer 2 (L2) token rallied by 16% over the last seven days. Designed as an optimistic rollup network to enhance the scalability of the Ethereum Chain, Optimism ranks second as the most used L2 solution provider. It’s behind Arbitrum with a total value locked of $1.60 billion. In a Twitter
On Friday (September 9), the “Ethereum London” community explained in a succinct way what Google is going to show respect for the highly impressive engineering behind Ethereum’s Merge upgrade. Here is how Ethereum Foundation explains the Merge, which according to Ethereum creator Vitalik Buterin is expected to take place around...
The Ethereum Beacon chain is a ledger of accounts that conducts and coordinates the network of stakers. It was designed to replace proof-of-work (PoW) mining on the current Ethereum Mainnet. Blockchain analytics platform Glassnode and crypto price tracking platform CoinMarketCap released a new report. The newly published report assessed the state of the Ethereum Beacon chain ahead of the Merge. The final lap of the Ethereum Merge is scheduled to take place between 10 September and 20 September. It can also...
The founder and chief investment officer (CIO) of crypto-focused asset management firm Cyber Capital says that Bitcoin is “technically one of the worst cryptocurrencies,” in light of advancements being made by top competitors. In a series of tweets, Cyber Capital founder Justin Bons argued that Bitcoin was one...
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. Introduced back in 2020, Solana has emerged as the market-leading cryptocurrency that uses the “proof of stake” mechanism. As one of the first to use the innovative “proof of history” mechanism, Solana is now giving tough competition to Ethereum in the global cryptocurrency market. Anatoly Yakovenko is the co-founder of Solana who started his...
Ethereum Foundation on Friday announced the shutdown of the Ethereum Merge testnet Kiln during the week of September 12. Moreover, Ropsten and Rinkeby testnets will also deprecate and shut down after the Merge in Q4 2022 and Q3 2023, respectively. As per Ethereum co-founder Vitalik Buterin, the Merge is estimated to happen between September 13-15.