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The Merge - Ethereum

What is the Merge in Ethereum? 

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The Merge represents the joining of Ethereum’s existing execution layer (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. A truly exciting step towards realizing Ethereum’s vision: more scalability, security, and sustainability. How The Merge happens Proof-of-work has been used to...

Blockchain, Cryptocurrencies, Ethereum, Featured, Front page

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ethereum

The Merge might boost demand for Ethereum, probably surpassing Bitcoin

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According to a Bloomberg piece titled “Booms, Busts, and Bitcoin,” The Merge will be accompanied by a sequence of events that will alter the view of ETH as an investment asset, with the potential to become an institutional-grade asset on a global scale. In this respect, they note that the alteration of the consensus method will be the determining factor. Ethereum has exceeded Bitcoin in a number of key adoption indicators that...

Cryptocurrencies, DeFi, Ethereum, Front page

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All the crypto companies that went bankrupt in 2022

All the crypto companies that went bankrupt in 2022 [so far]

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These are all the bankruptcies so far in the crypto world. We had to make a list to follow along with the thread. The crypto winter with inflation and the crash of Terra brought the least desired effects in the crypto world: a domino of companies exposed to unpayable debts, liquidations, and bankruptcies. It started with Celsius, followed by 3AC and then others followed. Some of the reasons that produced this are already known: ...

Cryptocurrencies, Exchanges, Front page

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Inflation: This is what US,000 looks like in Argentina

Inflation: This is what US$2,000 looks like in Argentina

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Inflation is a problem that has plagued Argentina for approximately 70 years. The current situation is one of the worst on record, as the Argentine peso has depreciated sharply against the US dollar since early 2019. This has led to a drastic increase in prices, which means that local residents have to spend more and more money to buy basic goods such as food and medicine, and many are struggling to maintain their lifestyles. ...

Crypto adoption, Cryptocurrencies, Front page, News

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Argentines rush to buy stablecoins after economy minister's resignation

Argentines rush to buy stablecoins after economy minister’s resignation

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Stablecoins rose in value over the weekend as a result of the peso’s steep decline in Argentina. The peso fell roughly 15% versus stablecoins DAI and Tether on many major local markets after Guzman’s departure. Over the weekend, the value of both stablecoins jumped from 245 pesos to 280 pesos. Consumers purchased up to three times as many stablecoins as normal over the weekend, according to major cryptocurrency exchanges, as...

Cryptocurrencies, Exchanges, Front page, News, Stablecoins

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