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Tag: ETH2

Ethereum 2.0 is a major upgrade to the Ethereum blockchain and will be released in stages starting year 2022.

What is the Ethereum difficulty bomb?

The Ethereum network is facing its own version of a “difficulty bomb” that will start to slow down the current blockchain system. The Difficulty Bomb is a difficulty adjustment algorithm that is designed to make block mining more difficult over time. It was originally implemented with the goal of incentivizing miners to switch to Proof-of-Stake (PoS) mining. The difficulty bomb was first announced in 2015 and was originally set to go live in...

Cryptocurrencies, ETH2, Ethereum, Front page, News

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Ethereum’s Metropolis Hard Fork Won’t Launch in June

Ethereum’s shift to proof-of-stake might have to wait a little longer. After a few weeks of speculation, Ethereum core developer Tim Beiko confirmed in a tweet Tuesday that the long-awaited Ethereum Merge will come later than expected. Instead of June, Beiko said that the network’s transition to proof-of-stake is more likely to come “in a few months after.” It won't be June, but likely in the few months after. No firm date...

ETH2, Ethereum, Featured, Staking

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What is a rollup in crypto?

Among the new functions of the Ethereum network to solve its problems of scale, speed, and transaction costs is the “rollup” function, which is an off-chain method of carrying out transactions. A rollup is a method of performing transactions outside the main Ethereum blockchain and sending only the outcome of those transactions back to the main Ethereum network. This allows for a higher volume of transactions to be settled on the...

Cryptocurrencies, ETH2, Ethereum, Featured, Guides

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Ethereum one step closer to its Proof-of-Stake (PoS) future

Ethereum’s transition from Proof-of-Work to Proof-of-Stake is officially underway, with a successful test of the chain merger between the Eth2 Beacon Chain and the Ethereum mainnet. Together, these two chains will form the foundation of Eth2, which will include Ethereum moving away from energy-intensive mining and adopting more sustainable consensus methods. On March 15, the Ethereum Foundation announced that the merger had...

Blockchain, ETH2, Ethereum, Front page, Main

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Let’s stop lying to ourselves about Ethereum fees

– A discussion on Reddit – Ethereum is one of the most popular and fastest-growing new technologies. But not everything is rosy and active user communities complain about the problems they encounter in their path of adopting the ecosystem.  Currently, the path to Eth2.0 is planned and moving forward, but there are several obstacles to overcome for Ethereum to improve everything that its users expect and solve their main...

Blockchain, Cryptocurrencies, ETH2, Ethereum, Featured

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