Countdown to ETH Merge ⏳

Ethereum is 99.9% ready to merge to its new consensus mechanism: Katunayan ng Stake. In this countdown to ETH Merge article, we track the live events of the merge and explain what will happen once this is deployed.  Ethereum ay isang desentralisadong blockchain platform na lumilikha ng isang peer-to-peer network para sa ligtas na pagpapatupad at pagpapatunay ng smart contract application code. Ang mga kalahok ay maaaring makipagnegosyo sa isat isa gamit ang mga matalinong kontrata nang hindi nangangailangan ng maaasahang sentral na awtoridad. Ang mga kalahok ay may kumpletong pagmamay-ari at visibility sa data ng transaksyon dahil ang mga talaan ng transaksyon ay hindi nababago, nabe-verify, at ligtas na ipinakalat sa buong network. Ang mga Ethereum account na ginawa ng mga user ay parehong nagpapadala at tumatanggap ng mga transaksyon. Bilang gastos sa pagsasagawa ng mga transaksyon sa network, ang isang nagpadala ay dapat pumirma ng mga transaksyon at gumamit ng Ether, ang katutubong coin ng Ethereum.  Why is Ethereum a Good Crypto Project?  Ang Ethereum ay nagbibigay ng batayan para sa mga desentralisadong aplikasyon o dApps . Ang mga desentralisadong application na ito ay nag-aalok ng mga pakinabang ng blockchain sa ibat ibang lugar sa digital space. Ang batayan nito ay

2022-09-15Ethereum

Ethereum Classic is Bullish; Is ETC Suitable for Long-Term?

EthereumAng Ethereum Classic ay Bullish; Ang ETC ba ay Angkop para sa Pangmatagalan?09 / 14 / 2022Balita ng Ethereum ng Bitcoin  Ethereum Classic is the old version of ETH before the DAO attack in 2016. The incident has wiped away more than 3 million ETH. After that, the founder Vitalik Buterin comes with a hard fork version which is known as Ethereum. Although the decision was controversial because ETC is used to run on a decentralized version, the decision contradicts it.  Now in 2022, Ethereum Classic has got more exposure after Ethereums Merge upgrade because miners have nowhere to go with their equipment. They are starting their new journey in Ethereum Classic with their old equipment because it is a billion-dollar industry worldwide.  However, experts are concerned about Ethereum Classic‘s safety because of its low hash rate, and there is no plan to migrate it from the Proof of Work consensus. On the other hand, it has a history of a ’51% attack, so many investors would not rely on ETC for the long term. Ethereum Classic has a smaller market cap, so it is easier for malicious actors to capture 51% of the blockchain and wipe away ETC again.  On the other hand,

2022-09-14Ethereum

This week’s Ethereum Merge could be the most significant shift in crypto’s history

On this week‘s “The Market Report” show, Cointelegraph’s resident experts discuss the significance of the Ethereum Merge, the latest CPI data, important things to know in Bitcoin (BTC) this week and altcoins analysis.  Upang simulan ang mga bagay-bagay, sinira namin ang pinakabagong mga balita sa mga merkado ngayong linggo.  Bitcoin price sheds $1K in 3 minutes as U.S. CPI inflation overshoots. Bitcoins 4% losses swiftly ensue as inflation fails to cool as quickly as hoped for, resulting in a wave of sell-offs for the crypto market. We do a deep dive into what the data means and the implications on the wider market. Does this mark the end of the recent price pump we saw earlier this week or will we rebound once things settle down? We take a look at what President Joe Biden had to say about the latest CPI data and also what Crypto Twitter is discussing about the matter. Lots to unpack here so make sure you stay tuned as we break down the information for you.  The Fed, the Merge and $22K BTC — 5 things to know in Bitcoin this week. A bullish weekly close sees Bitcoin tackle realized price while analysts speculate on major volatility in

2022-09-14Ethereum

Pont des Arts 1888 Armagnac “Long Life” NFT Sold for a Record 10 ETH on Brytehall

Photo: MetaVineyard Club  The MetaVineyard Club conects wine and spirits producers and consumers through a variety of digital wine collecting initiatives. A further physical 1888 Armagnac “Long Life” bottle from the Pont des Arts collection forms part of the MetaVineyard Club in the form of an SSR NFT reward valued at over $20 000 USD.  The MetaVineyard Club Pass grants users early exclusive access to the MetaVineyard Club with added benefits of receiving multiple NFT drops from the Pont des Arts Collections. Each MetaVineyard Club Pass NFT holds the right to receive MetaVineyard Club Pont des Art collection NFTs depending on the rarity level of the pass. The curated wine NFTs allow holders to own premium wine and spirits from Pont des Arts and more.  There are four tiers of passes that can redeem different numbers of NFT:  Platinum Pass: 1 free airdrop NFT from each of the three collections  Gold Pass: 1 free airdrop NFT from the first two collections  Silver Pass: 1 free airdrop NFT from the first collection  Bronze Pass: 1 free airdrop NFT from the first collection  Only 320 passes will be available on OpenSea at 0.05 ETH from mid-September. This is your chance to become a wine conoisseur and Age-to-Earn in Web 3.0.  About

2022-09-14Ethereum

Maker Raises Staked Ethereum Limit to Reduce Reliance on USDC

Maker, the DeFi protocol behind the DAI stablecoin, anounced that it has doubled its debt ceiling on its staked Ethereum (stETH) vault.  The world‘s largest decentralized-finance app, Maker is working to reduce its reliance on centralized stablecoins such as Centre’s USD Coin (USDC)—especially after the mid-August Tornado Cash scandal.  Staked Ethereum is a crypto token representing one unit of Ethereum that has been deposited or locked up in anticipation of the merge, the networks upcoming upgrade.  Decentralized lending platforms provide direct loans to businesses and individuals without intermediaries, while also providing interest to other parties who supply capital. Staked Ethereum is a staking token issued as reward to lenders of Ethereum on staking services such as Lido Finance, Coinbase, Kraken, and Binance, among others.  Maker is looking to unwind USDC‘s influence and the proportion the token holds as collateral to DAI, the crypto lending service’s own decentralized stablecoin pegged to the US dollar. By approving Maker DAOs governance proposal sa raise the debt ceiling to $200 million, the protocol expects to see more stETH deposited against DAI, reducing its reliance on USDC.  Tornado Cash repercussions  Ang Kagawaran ng Treasury ng US sanctioned ang crypto mixer Buhawi Cash in August, making the protocol and associated smart contracts

2022-09-14Ethereum

Ethereum social dominance grows over 20% in a month as Merge nears

EthereumEthereum social dominance grows over 20% in a month as Merge nears09 / 14 / 2022Balita ng Ethereum ng Bitcoin  With the Ethereum (ETH) Pagsamahin ang pag-upgrade scheduled for September 15, the interest and excitement around the second largest cryptocurrency by market capitalization has only increased in recent weeks as the event drew nearer.  One approach that helped record this ascent was the rise in Ethereums social dominance. On September 13, stood at 14.79% after climbing +23.19% in only one month, according to the istatistika provided by the social intelligence platform LunaCrush.  Ethereum social dominance 1-month. Source: LunarCrush  Meanwhile, on September 14, social mentions for Ethereum were up 9.7% over the last week, while sociEthereumsents were up 34% over the same time period.  Ethereum social dominance 1-week. Source: LunarCrushEthereums Merge upgrade  ElsewhereEthereum‘sg Intelligence sen’or kalakal strategist Mike McGlone ‘as suggested that the technology behind Ethereum’s Merge upgrade is revolutionizing this financial world.  Outining the potential bullish impact of the Ethereum Merge upgrade on the generitsrypto market, he stated:  “There are things like Ethereum, which we know, okay, the Merge is coming up, it‘s going to be a little dicey with the technology, but it’s revolutionizing this financial world.”  McGlone also opined that Bitits (BTC) and Ethereum would be the

2022-09-14Ethereum

How the Ethereum Merge Ends the Environmental Debate About NFTs

Sa madaling sabi  NFTs have been widely criticized for their environmental impact, given the energy requirements of top NFT network Ethereum.  Ethereum‘s upcoming merge is expected to cut the network’s energy use by over 99%.  One of the largest criticisms against NFTs will be rendered obsolete in just a matter of hours.  That‘s because the environmental impact of Ethereum, the largest network for NFTs, will effectively be abolished after the blockchain completes ang pagsasanib—its long-awaited transition to proof of stake. Once the upgrade is complete, the move will reduce Ethereum’s energy consumption by higit sa 99%, according to the Ethereum Foundation, citing data from one of cryptos best-known environmental critics.  Its a change that is sure to have considerable implications for Ethereum and the crypto industry as a whole—including NFTs.  “The merge structurally eliminates Ethereum‘s energy requirements and carbon footprint,” Johna Powell, who co-heads NFT efforts at software firm ConsenSys, told I-decrypt. “Evolving the network’s approach to consensus ensures Ethereum can sustainably support the next generation of Web3 creators and developers.”  Paano kami makakuha dito?  At the moment, the Ethereum network is secured by a decentralized network of “miners” who run powerful computers that compete to solve complex cryptographic equations, earning ETH cryptocurrency rewards by creating new blocks

2022-09-14Ethereum

The Merge Expected to Reduce Ethereum’s Energy Consumption by 99.5%

EthereumInaasahang Babawasan ng Pagsasama ang Enerhiya ng Ethereum ng 99.5%09 / 14 / 2022Balita ng Ethereum ng Bitcoin  The Merge is around the corner. The Ethereum network is expected to experience a significant shift after the most anticipated upgrade. Since its launch in 2015, the smart contract compatible network has proven its relevance and utilities. By that time, blockchain was introduced and used for transactions such as Bitcoin, Litecoin, etc., Etherum brought more practical use of blockchain.  Ethereum network brought smart contracts making the digital ledger capable and far more practical. It made blockchain more than a transactions centric technology to act as a platform allowing development of decentralized applications.  Now with the transition from a heavy energy intensive consensus mechanism of proof-of-work to proof-of-stakes, the Ethereum network is all set to take another leap. The reason the transition is a big deal is due to energy consumption by the PoW chain.  Several reports estimated the total energy consumption of Ethereum network transaction for the overall year is upto 113 terawatt-hours. This much energy is equivalent to be consumed by the Netherlands within a similar timeframe. To get more close vision, look at the energy spent to validate just one ETH transaction which would

2022-09-14Ethereum

How Ethereum Merge Will Impact ETH Token Supply - IntoTheBlock Report - Coinpedia - Fintech & Cryptocurreny News Media

Mga tagasunod : 0 Tingnan ang profile , is the same as Bitcoins (BTC) value halving three times at once. The reward for mining a token is reduced by half during a halving. According to IntoTheBlock, this will result in Ethereum miners becoming a thing of the past, removing $20 million to $25 million in supply pressure off the market. Will ETH supply decline?  The crypto intelligence company also claims that due to an increase in transaction fees, ETH may become slightly deflationary after its transition, though it also points out that it could go either way.  Following the merge, ETH supply is probably going to briefly decline. As the anticipated event is likely to generate volatility and speculation, burning more ETH in the process, transaction fees are projected to rise in the hours and days following the merge. However, ETH will be only slightly inflationary if Ethereum fees return to their 30-day average.  “For these reasons, the most up-to-date projections for ETH inflation following the merge are between -1% to +0.5%. These figures are lower than previous projections given that transaction fees have dropped 75% over the past three months.”

2022-09-14Ethereum

Itinatampok ng Coinbase ang Apat na Potensyal na Panganib ng Pagsama-sama ng Ethereum

EthereumItinatampok ng Coinbase ang Apat na Potensyal na Panganib Ng Pagsama-sama ng Ethereum09 / 13 / 2022Balita ng Ethereum ng Bitcoin  Ang Ethereum ay sasailalim sa paglipat mula sa proof-of-work (PoW) patungo sa patunay-ng-taya (PoS) sa Merge noong Setyembre 15. Ngayon, ang Coinbase ay nakabuo ng apat na panganib tungkol sa Ethereum Merge bago ang pinaka-inaasahang pag-upgrade sa kasaysayan ng crypto.  Binabalangkas ng Coinbase Cloud ang Mga Panganib na Kaugnay ng Pagsasama  Nasa malapit na ang Ethereum Merge habang itinutulak ng mga developer at kliyente ng Ethereum ang pagsasanib ng Ethereum Mainet sa Beacon Chain noong Setyembre 15. Gayundin, ang 99.76% na ngayon ang kumpleto sa pag-unlad ng pagsasama.  Gayunpaman, mayroon ang Coinbase Cloud binalangkas mga potensyal na panganib na nauugnay sa Pagsamahin. Kabilang dito ang teknikal, pagpapatakbo, pang-ekonomiya, at kakulangan ng mga panganib sa pagkakaiba-iba ng kliyente.  Teknikal na Panganib: Dahil ang Merge ay ang pinakainaasahan at teknikal na kumplikadong pag-upgrade sa crypto, ang mga pagkakataon ng mga bug at teknikal na aberya ay mas mataas. Bukod dito, kinasasangkutan nito ang pagsasanib ng dalawang blockchain, execution layer na Ethereum Mainet (PoW) at consensus layer Beacon Chain (PoS), na ganap na naiiba sa isang hard fork.  Kamakailan, execution layer clients Pumunta sa Ethereum (geth) at Nethermind

2022-09-14Ethereum
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