Blockchain & crypto news from India
The approaching merge of Ethereum’s mainnet with the currently running in parallel Beacon chain will bring into focus the biggest question – who controls how much of the staking amounts, and thereby, the rewards to be won by adding new blocks. Twitter user Messari shared a graphic that shows the current staking percentage, and it…
Ethereum (ETH) outshined bitcoin (BTC) in a ranking of the top cryptocurrencies by realized gains globally, with USD 76.3bn taken out in fiat profits in the previous year compared with USD 74.7bn in realized for bitcoin. The higher profits that ETH holders have discovered are likely a result of the rise of decentralized finance (Defi)…
For those wondering, ‘Why is ether or ETH rising?’, here are some clues. Called by someone as the ‘oil of crypto’, Ethereum today crossed the $3400 mark. Only sometime back it was valued ten times less. The recent rise has left many people puzzled. There is obviously more demand for ETH, whose London fork will…
The tremendous rise in Ether price has led to transaction gas prices becoming unaffordable for small Eth transfers. This beats one of the very purposes of why cryptocurrencies were created – to eliminate middlemen and the high costs of money transfers. This article takes a deep dive into the Ether network and reveals what lies…
No doubt the entire year 2020 was spent amidst the chaos created by the novel Coronavirus. However, there is still one thing that gained popularity besides this pandemic and that is cryptocurrencies. Delivering a return of over 800% during the financial year 2020-2021, the oldest and biggest cryptocurrency in the world, Bitcoin stole the limelight…
Call it Eth2, Serenity or Ethereum 2.0, this is the long-anticipated upgrade to the Ethereum blockchain. Intended to boost the efficiency, speed and scalability of the Ethereum network, Eth2 will further enable its previous version to tackle hurdles in addition to increasing the count of transactions. Ethereum 2.0 is designed to be launched in three…