Circle to ‘fully and solely support Ethereum PoS’
USD Coin (USDC) issuer Circle has revealed that it would fully support the Ethereum (ETH) proof-of-stake (PoS) chain post-merge.
According to an Aug.
ETH 2.0
Ethereum Is The Most Prospective Blockchain For Web3, Hard Forks Not Necessary – DeBank – Ethereum World News
Summary:
DeFi aggregator DeBank believes that Ethereum hard forks could be counterproductive.
DeBank also shared these remarks after naming ETH’s network as the most prospective chain for Web3 solutions and apps.
MakerDAO identifies risks of an Ethereum hard fork
DeFi protocol MakerDAO (MKR) has identified seven risks its protocol faces if Ethereum (ETH) is forked.
Futures backwardation and negative funding
According to the protocol, the first risk it faces is future backwardation and negative funding.
Ethereum Hard Forks Will Not Receive Our Support – Chainlink – Ethereum World News
Summary:
Chainlink has declared its stance regarding the upcoming Ethereum PoS transition and possible network hard forks.
The oracle network supports Ethereum’s upgrade to a Proof-of-Stake consensus.
Forked versions of ETH’s Proof-of-Work blockchain will not be supported by the protocol.
Crypto community divided over Ethereum hard fork
Following Chandler Guo’s public vow to fork Ethereum (ETH), the call for a hard fork has grown significantly, leaving stakeholders to pitch their tent on different sides.
Tron (TRX) founder Justin Sun and his crypto exchange Poloniex were one of the first supporters of the idea.
Vitalik Buterin calls out ETHW hard fork proponents as “trying to make a quick buck”
Speaking in a closed press conference during South Korea Blockchain Week, Ethereum founder, Vitalik Buterin, called people pushing for a hard fork of Ethereum to retain proof-of-stake “simply trying to make a quick buck.
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Justin Sun’s Poloniex supports Ethereum proof-of-work hard fork
Justin Sun, Tron’s (TRX) founder, has revealed support for Ethereum’s (ETH) proof-of-work (PoW) hard fork.
In an August 4 tweet, Sun said he would donate some coins to the forked Ethereum PoW community to develop its ecosystem.
We currently have more than 1 million #ETH.
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Justin Sun Pledges 1 Million ETH To Hard Fork As Ethereum Miners Generate $11 Billion In 2022 – Ethereum World News
Summary:
Revenue from Ethereum mining has surpassed proceeds boasted by Bitcoin miners.
Arcane research shows that ETH miners have generated around $11 billion in 2022 so far.
Bitcoin miners have managed $10 billion as of press time.
How should investors prepare for The Merge?
Last week, ETH saw a significant uptick in its price, following the release of the notes from the last dev’s meeting that hinted at the timeline for its upcoming upgrade, known as The Merge.
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Here’s what you can expect from Ethereum’s long-awaited “Merge” upgrade
The Ethereum upgrade, formerly Ethereum 2.0 or Eth2, is one of the most anticipated upgrades in the world of blockchain technology, and Ethereum investors cannot wait.
While the Eth2 name stuck, the Ethereum Foundation itself changed the terminology.
Ethereum 2.0 draws closer, Goerli testnet merge slated for August
Ethereum’s (ETH) tenth shadow fork went live on July 26 at 11:45 UTC bringing the network closer to its transition to a proof-of-stake (PoS) consensus mechanism.
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The Layer-2 Wars could be the next big trend in crypto leading up to The Merge
DeFi analyst and YouTuber Patrick Dynamo DeFi, highlighted Monday several exciting trends in the world of DeFi, including the rise of the “L2 wars.
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What’s next for the future of Ethereum? Mihailo Bjelic from Polygon explains
With the transition to a scalable, energy light proof-of-stake blockchain (dubbed “the Merge”) at play for Ethereum, many have cast doubts on the popular coin’s future given the magnitude and complexity of the upgrade involved.
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