Ethereum creator Vitalik Buterin shared his thoughts regarding Bitcoin price mocements. He claims the Stock to Flow model doesn’t work for Bitcoin or any other crypto asset.Vitalik Buterin says that you shouldn’t make financial decisions solely after reading the news. The classic Stock to Flow (S2F) model is not working with Bitcoin. Major news announcements, as well as world disasters such as coronavirus, do not affect the crypto market. Buterin says that there are 95% of the articles on the...
Read More »Ripple’s Xpring Is Going to Create ‘Bridge to Ethereum’
Ripple’s Xpring is allocating money for three inventors or teams seeking for a solution to XRP Ledger-Ethereum interoperability.Xpring wants to develop a ‘bridge’ between Ethereum and Ripple‘s XRP without having to transfer XRP onto ERC-20 standard. Ethereum developers have joined the bad company – Ripple welcomes all of them to build a bridge between two competing economies. Ripple is looking for a new way of operating with mainstream assets, and the move towards Ethereum is obvious. Despite...
Read More »Vitalik Buterin Shares His Views on Ethereum 2.0 and DeFi at ETHDenver 2020
Vitalik Buterin is enthusiastic about the world of decentralized finance, largely built on Ethereum. Moreover, he believes in the absolute success of Ethereum 2.0.Last week, the largest hackathon for Ethereum and other blockchain protocol enthusiasts ETHDenver 2020 took place in Colorado. Within the 3-day event, a wide range of activities is offered, including talks of top blockchain experts on the development of the industry. Ethereum co-founder Vitalik Buterin delivered a speech as well. He...
Read More »Ethereum Price Is at $223 as Plasma Group Wants to Save Ethereum Scalability with Optimism
ETH price is increasing, however, there are still issues related to transaction capacity. The Optimism startup, that once was the research-oriented Plasma Group, wants to address these problems.The Ethereum network is constantly searching the ways of improving transaction volume. The startup Optimism is now trying to lead the charge. Since the network’s output is pretty much defined to approximately 15 transactions per second, Ethereum cannot become an extensive platform for automating...
Read More »Ethereum 2.0 Launch Will Happen in July 2020, Developers Are 95% Confident
The next Ethereum system-wide upgrade, Eth 2.0, will not launch in Q2 2020 as scheduled, but developers are still confident that the original network parameters will deploy in 2020.The next Ethereum system-wide upgrade dubbed Ethereum 2.0 will be launched later than scheduled.In a particular Reddit discussion held on February 5, the Eth 2.0 team made several clarifications. The team said that the network would not launch until three clients can run testnets continuously for at least eight...
Read More »ETH Price Is Growing Again While Buterin Believes Ethereum Is Strong as Never Before
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.ETH/USD tech analysisButerin: the Ethereum platform is strongThe ETH joined the Japanese crypto indexThe ETH could grow in price on the coronavirus news but alasOn W1, the Ethereum price does not demonstrate any serious changes in market moods yet. The growth that we can see does not show any signs of a reversal and thus is interpreted as a pullback before another decline. The nearest important goal of the decline is the psychologically...
Read More »Ethereum Officially Launches 1 Million Developer Challenge
The Ethereum challenge is an open movement that is dedicated to growing the developer ecosystem. ConsenSys Jim Jagielski tweeted that they officially launched the 1 million developer effort.Join me as we "officially" kick off our #1milliondev effort, dedicated to growing the #Ethereum and #Web3 communities by 1 million developers and contributors. Let's leverage #opensource in this endeavor! c @ConsenSys https://t.co/Rs2whnS8z1— Jim Jagielski (@jimjag) January 20, 2020However, the way how the...
Read More »Largest Ethereum 2.0 Testnet Gets More Than 22,000 Validators
As the Ethereum community anticipates Ethereum 2.0, a public testnet has already recorded impressive participation. The testnet has already pulled in more than 22,000 validators.Ethereum 2.0 Testnet from Prysmatic LabsThe test in question is the one from Prysmatic Labs, a team of software engineers basically working on the future of Ethereum. It launched its testnet on Thursday, September 9 and quickly dwarfed all other single-client tests within a week.By Thursday last week, former Google...
Read More »ETC Merger with Ethereum 2.0 Shard Is Possible, Says Vitalik Buterin
Ethereum Classic (ETC) has had an exciting start of the year. ETC price has climbed and the token briefly made it to the top ten coins recently. At the time, the leaderboard was dominated by three bitcoins and two eths for several hours.This copy clone of Ethereum can be merged into Ethereum 2.0 in the same way as a new shard-like eth’s current Proof of Work (PoW) chain will be integrated. Ethereum’s co-founder, Vitalik Buterin, publicly said that it is technically very possible. He...
Read More »Ethereum 2.0: Resolving Network Problems as Investors Ride Positive Sentiment
Ethereum, the number 2-biggest crypto with a recent market value of $18 billion, gained ground after a brief retreat on Thursday. The coin gained more than 3% daily and 2.8% since early Friday. The ETH/USD attempted to surpass $175.00 but the move proved unsustainable and the currency plunged beneath the $170.00 price level while investors ride on positive sentiment.The major considerations why Ethereum could not improve to service the developing market was because it did duplicate Bitcoin‘s...
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