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Ethereum - Page 102

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Eth2 is Already Among the Largest PoS Chains

Eth2 is Already Among the Largest PoS Chains

Phase 0 of Eth2 is set to kick off on its targeted launch date of Dec. 1 now that more than 584,224 ETH (or about $350M) is staked in the deposit contract. The historic threshold was needed to deploy the Beacon Chain, the new primary source of truth for Ethereum as it transitions from Proof…
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ETH Crossed $500 in a Most Quiet Rally

ETH Crossed $500 in a Most Quiet Rally

We are in the middle of a crypto bull market but you wouldn’t know it from social media trends, news headlines and anchors, and just all-around hype. If it feels a lot quieter this time around, it’s because it is. The gap between BTC and ETH prices and mainstream interest, measured by Google search, is…
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Three Whales Are Responsible for 25% of ETH Staked for Eth2

Three Whales Are Responsible for 25% of ETH Staked for Eth2

There is now 20% of the required staked ETH needed for the network to launch its proof-of-stake-chain, the first step in its transition to Ethereum 2.0, and a big chunk of it is coming from long-time ETH whales. There is 105k ETH in the ETH2 deposit contract out of the required 524K, just two weeks…
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The Bitcoiner’s Guide to DeFi

The Bitcoiner’s Guide to DeFi

Decentralized finance, or DeFi, is exploding in popularity. Concentrated in the Ethereum ecosystem, it offers the types of services hitherto dominated by the legacy financial system such as lending, borrowing, and savings. But like the ICO craze of a few years ago, the growing mania around it has raised eyebrows from those with a deep…
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Risks and Rewards of Becoming an Eth2 Validator

Risks and Rewards of Becoming an Eth2 Validator

The deposit contract for Ethereum’s new proof-of-stake chain was released today. If ~524k ETH is deposited this month, the new chain will go live on Dec.1. Potential rewards for contributing to that pile of ETH are enticing, but as is usually the case with high returns, there’s also high risk. So far, 5.7K ETH from…
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DeFi and the Gifts from Pricey Gas: Jeff Garzik

DeFi and the Gifts from Pricey Gas: Jeff Garzik

With DeFi’s explosive activity over the last month, Ethereum users have been struggling under the weight of transaction fees. Consequently, expert crypto traders are forced to rethink strategies and newcomers have more than likely thought twice about participating.  You can try to grow sustainable crops in volcanic soil, but you won’t get very far while…