Tag Archives: ethereum 2.0

Vitalik Buterin applauded the successful launch of various Layer 2 solutions on Ethereum, saying that “the initial deployment of Ethereum’s layer two scaling strategy has *basically* succeeded.” In a recent thread, he sheds light on some of the most recent developments and challenges ahead.While everyone wasn’t looking, the initial deployment of ethereum’s layer 2 scaling strategy has *basically* succeeded. What’s left is refinement and deployment. A thread: https://t.co/30Dfr9XmFs—...

By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the asset price is significantly undervalued.Ethereum DevelopmentsBlockfyre based the analysis on several core features of the Ethereum network and its performance in the past six years. Firstly, the company examined the development activities, saying that they have been continuously increasing, regardless of how the price has acted.Ethereum Development Activities....

Despite Ethereum’s price nosediving by over 85% from the all-time high levels reached in January 2018, the interest in the second-seeded cryptocurrency by market cap is gradually increasing.New data indicates that the number of non-zero ETH addresses has skyrocketed by over 350% since the time ETH reached its all-time high levels.Ethereum Addresses On The RisePer information provided by GlassNode, the total amount of Ethereum addresses with a balance of more than zero has jumped to 40...

The rollout of Ethereum 2.0 is set to arrive in installments, with the first milestone expected some time around Q3 of 2020. From that moment on, things promise to get interesting.At one point, we will see two Ethereum blockchains existing at the same time. Initially, the ETH 2.0 token will be practically useless for anything beyond staking, with zero transaction capabilities – exchanges won’t even list it, and it’s unlikely that it will even have a price.On top of that, the current Ethereum...

Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed.Ethereum Investors Hodl And AccumulateThe price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching a yearly high of $290, and then succumbing to the mid-March sell-offs caused by the COVID-19 pandemic and bottoming at...

The leading digital asset management company, Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020.The firm outlined the increased interest from institutional investors, hinting that the upcoming Ethereum 2.0 could be the reason behind both.Grayscale On ETH Buying SpreeNew information on the matter indicated that the total number of ETHs mined from the start of 2020 to April 24th was 1,563,245.875.At the same time, the Grayscale Investments Ethereum Trust (ETHE) had...

The works on the development of Ethereum 2.0 are going on. The multi-client testnet is scheduled for April.The Ethereum 2.0 multi-client testnet is set to launch in April. Sources say that Ethereum co-founder Vitalik Buterin stated this in an interview yesterday 30th March 2020.The multi-client testnet phase is the last stage before the final introduction of the new Ethereum 2.0 to the mainnet. Buterin said several things which are worthy of note. He indicated that the latest phase underwent...

Blockchain ventures could not issue new code and hope that the ‘community’ will handle it. Ethereum developers know that and put enormous amounts of time into improving the Ethereum 2.0.Let’s dig into what is currently happening with the long-awaited Ethereum 2.0 update? It appears that Phase 0 has been completed in a path towards code review. The Ethereum developer Danny Ryan and Least Authority are performing the code audit. The Least Authority is a security consultant firm. So far, they...

Ethereum 2.0 is scheduled to be launched this year. Vitalik Buterin has shared his opinion on all the changes that may come in the future.Ethereum co-founder Vitalik Buterin went to Twitter to highlight his approximate view on what the next five to ten years of Ethereum 2.0 and beyond might look like. However, he gave a disclaimer that the roadmap-highlights are his current views, and he respects other peoples’ ideas. At the same time, Buterin said that he has an open-mind concept for future...

With Ethereum (ETH) price consolidating over the last couple of weeks, top holders of the second largest cryptocurrency have been filling their bags with more coins, according to new data from Santiment, an on-chain metrics provider.According to the report, the largest 100 Ether wallet addresses have started accumulating higher percentages of the token’s total supply again, despite the market conditions. These accumulations are an indication that the top holders of the coin (in this case,...