Using rollups, Vitalik Buterin promises a massive 100x in transaction throughput for the Ethereum network. When combined with Sharding the output can multiple to 6400x.Last week, Ethereum 2.0 developers launched the Spadina testnet, however, failed to garner enough participation from node validators. Today, October 5, Ethereum co-founder Vitalik Buterin has briefed the developments and the updated roadmap for Ethereum 2.0 in a series of tweets. The existing Ethereum blockchain has been...
Read More »Ethereum 2.0 Testnet Size Tops 75 GB as Staked Test ETH Crosses 2 Million
Support for Ethereum 2.0 is growing rapidly. In a significant milestone, Eth2’s Medalla test net has expanded to more than 75GB in size. Along with this, the number of staked test ETH on the test net has crossed well above 2 million.Ethereum 2.0 Testnet Size Tops 75 GBAs per the latest reports, two months after the launch of Medalla, every node in the Eth2 test net is already holding more than 75 GB worth of data. It’s predecessor, the parent Ethereum blockchain, has a size of more than 452...
Read More »Le joaillier Courbet accepte les paiements en bitcoin (on-chain et Lightning)
Nouvel ajout à la liste des établissements qui acceptent les bitcoins (on-chain et Lightning) : Courbet, maison de joaillerie de la place Vendôme à Paris. « Au cœur de la place Vendôme, Courbet propose une alternative écologique et éthique à la joaillerie traditionnelle. Nos diamants sont créés en laboratoire, notre or est recyclé. Créer et préserver la magie de l’univers, telle est la beauté de...
Read More »Music On The Blockchain: RAC Issues A New ERC20 Ethereum Based Token
Grammy award-winning music creator André Anjos is the latest artist to tap into the cryptocurrency space. Better known by his stage name RAC, Anjos has launched a new Ethereum based community token for artists.The token is also named RAC. With it, the music producer intends to free artists and content creators from the clutches of large-scale corporations that stifle their financial freedom.RAC Gives Back To The Community With Ethereum Based $RACIn the RAC token issuing platform Zora’s latest...
Read More »After the DeFi Storm: ETH Tx Fees Back To August Levels, Still Expensive?
Ethereum fees are recovering from the devastation caused by the DeFi. After reaching record highs during September 2020, the network seems to have achieved a calm moment during October’s first days.Currently, the average transaction fee is slightly above $2, according to Bitinfocharts. This milestone represents a drop of more than 80% from the peak reached on September 2, 2020.Average Ethereum Transaction Fee. Source: BitinfochartsAfter spiking to record levels, the network returned to...
Read More »Atari Is Set to Release Its Own Digital Currency
Remember Atari, the old video game system? The original video game system? Well, it turns out the company is still around, and it’s entering the cryptocurrency arena.Atari Is Releasing Its Own CoinThe firm has announced the establishment of the Atari token, which is set to have a public sale in about a month on the Bitcoin.com exchange. Set for early November, customers or participants looking to take part in the sale can only purchase the coin utilizing five “mainstream” cryptocurrencies....
Read More »Crypto Price Analysis & Overview October 2nd: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot
BitcoinOver the past seven days, Bitcoin dropped by a total of 2% as it currently trades around the $10,500 level. The week was pretty interesting after it rebounded from a 6-month-old rising trend line last week. After bouncing, it continued higher to reach as high as $10,900 at the start of October.Unfortunately, Bitcoin failed to break resistance at a falling trend line, and it rolled over yesterday to drop back into the support at a long-term rising trend line. These two trend lines...
Read More »September Monthly Recap: Ethereum Plummets, No Fast Recovery at Hand
In general terms, Ethereum had a month of losses in September with two downward waves and bleak prospects of a recovery in the near term.Ether Loses Half of Its Summer GainsThe only day when Ether registered substantial growth before the falling began was 1st September when it jumped 9.75% on the day, with the peak at $488. But the gains were short-lived. In the next four days, ETH/USD dropped from $479 to $308 on 5th September, having only climbed to $359.5 at the end of the month.The sharp...
Read More »6X Bitcoin: Ethereum Miners Made $166 Million from Gas Fees in September
It pays to be a miner and process cryptocurrency transactions on a proof-of-work blockchain. The Ethereum miners know this especially well as they made a record $166 million last month from transaction fees. Bitcoin miners, however, could barely manage to scoop up $26 million.Ethereum Miners Made 6X More Money Than Bitcoin Miners in SeptData from on-chain insights provider Glassnode shows that miners operating on the second most popular blockchain platform made a hefty $166 million from...
Read More »BTC Whale Greyscale Amasses More BTC! October Is the Right Time To Invest
The world’s largest sovereign hedge fund, the Norwegian Government Pension Fund, is reported to add more Bitcoin into its investment holdings. It has garnered indirect BTC exposure of 577.6 BTC via the Nasdaq-listed company MicroStrategy.Grayscale Trust has become a force that can not be ignored in the crypto asset market.On September 21, BTC fell from $10,988 to US$10,417. Two days later, Grayscale took a “sweep” and bought 17,100 BTC. This significant increase in holdings seems to have...
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