Ethereum

Ethereum Berlin Upgrade Ships Tomorrow Aiming to Reduce Gas Costs

The Ethereum Berlin hard fork ships tomorrow. The upgrade contains four Ethereum improvement proposals (EIPs) mainly aimed at optimizing gas costs, and is the first of its kind since Muir Glacier shipped on Jan. 2 2020. “Hard forks” are a result of distributed networks like Ethereum upgrading or making changes in their software. Node operators …

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Visa Transacting on Ethereum Signals Stronger TradFi-Crypto Link

Visa is now settling transactions via stablecoins on the Ethereum network. While these are just a tiny sliver of Visa’s total volume, and only apply to one client, the fact that the largest payments network is using a public blockchain signals the integration between traditional finance and crypto is strengthening. The first such transaction in …

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Ethereum Making ATHs Beyond Just the Price

It’s time to buy a fire suit, because ETH is super hot. As Ether makes headlines surging past its previous high, other less flashy metrics are also near records, signaling the Ethereum network is strengthening not just in price. ETH hit a new all-time high of $1439.33, topping the previous record of $1432.88 reached during …

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EIP-1559 Is Ready. Or is it?

Ethereum Improvement Proposal 1559, a long awaited update to Ethereum’s core codebase, was rumored to be ready for deployment yesterday in a leaked Discord conversation on Twitter. The proposal aims to change Ethereum’s transaction fee mechanism to improve user experience and reduce ether inflation. Most Significant  As EIP-1559 is viewed by the broader Ethereum community …

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Genesis Block Signals There’s “No Stopping” Ethereum Now

The first phase, or Phase 0, in the transition to Ethereum 2.0/ aka Eth2.0/ aka Serenity successfully launched today. In this phase of the process a proof-of-stake chain, known as the Beacon chain, is now running. ETH holders can deposit (or stake) ETH in multiples of 32 and start accumulating staking rewards, thus becoming validators in …

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