Tag: Ethereums

Ethereum’s growth dips as traders eye new eco-friendly crypto

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Despite Ethereum’s recent 4.32% drop, the eco-friendly ICO eTukTuk hits $1.7M in presale with experts predicting significant returns. Ethereum has fallen by 4.32% today hours despite rallying to highs of $3.8K yesterday. However, the new ICO eTukTuk is progressing in its presale as it surges past $1.7 million. ETH price slumps but bulls fight back Ethereum enjoyed notable demand over the past week, rising from $3.2K to $3.8K yesterday.…

Ethereum’s Dencun upgrade set to launch March 13 

Ethereum announced that its Dencun upgrade has been successfully activated on all testnets and will be deployed on the Ethereum mainnet on Mar. 13th. The Dencun upgrade introduces several enhancements to improve the network’s efficiency and scalability, the most notable being the implementation of EIP-4844, colloquially known as protodanksharding. EIP-4844 represents a groundbreaking advancement in Ethereum’s ongoing scalability efforts, introducing ephemeral data blobs poised to reduce Layer 2 (L2) transaction fees significantly.  In simple terms, EIP-4844 is like adding extra lanes to a busy highway. Ethereum can get crowded, making…

Top 6 Altcoins That Will Benefit From Ethereum’s Dencun Upgrade

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As the Ethereum ecosystem braces for the much-anticipated Dencun upgrade, renowned crypto analyst Miles Deutscher provides an in-depth look at the altcoins poised for significant growth. Scheduled for March 13, the Dencun upgrade is a critical hard fork aimed at enhancing Ethereum’s scalability, security, and usability. Deutscher’s insights reveal how specific Layer 2 (L2) solutions are uniquely positioned to benefit from the upgrade’s introduction of Proto-Danksharding and other key enhancements. Deutscher explains, “The Dencun upgrade, especially with EIP-4844, represents a paradigm shift in how Ethereum will handle transactions. By drastically…

Decentralized Exchange Uniswap To Upgrade to Newer Version After Ethereum’s Dencun Update

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A decentralized crypto exchange plans to upgrade to a new version after Ethereum’s (ETH) Dencun update rolls out in March. In a new announcement, the Uniswap Foundation, the team behind digital asset exchange Uniswap (UNI), says that the protocol’s fourth version is slated to launch sometime during Q3 of 2024., according to a shared launch roadmap. “Phase 1: Code freeze (in progress), Core code completion, testing, gas optimizations, security enhancements, and finalizing the periphery. Phase 2: Auditing and testnet comprehensive auditing by multiple audit firms and a community audit contest.…

Ethereum’s ERC-404 Token Standard Sets New Era for Digital Assets

CoinspeakerEthereum’s ERC-404 Token Standard Sets New Era for Digital Assets The introduction of the ERC-404 token standard has captured the crypto community’s attention in a groundbreaking development for the Ethereum blockchain. ERC-404 Hybrid Structure & Functionality Garners Developers The new token, pioneered by pseudonymous developers under the Pandora project, is a unique fusion of ERC-20 and ERC-721 functionalities. The project is still in testnet as it’s yet to be audited. One of the founders believes this feat could take a “couple of weeks” to complete. Pandora and ERC-404 ERC-404 has…

30 Reasons to Love Ethereum’s Vitalik Buterin

30 – Vitalik is the leader crypto has always needed: In the absence that Bitcoin founder Satoshi Nakamoto left, someone has had to keep the ethos of decentralization, censorship-resistance and credible neutrality alive. Buterin has faced the touch job of remaining in the limelight while building a technology that runs affront to many of the most powerful institutions today. As he writes in his recent manifesto, he’s doing it because he thinks it’s right, that the aims of open source and open access technologies will ultimately benefit the world: “I…

Maker generates $14m in revenue, Ethereum’s earnings surge

Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell. According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stablecoin generator’s TVL witnessed a 6.3% decline in the same timeframe, falling to $7.98 billion. Defi protocols’ revenue – Jan. 30 | Source: Defi Llama The leading defi protocol, Lido Finance, with a $21.8 billion TVL,…

Bug on Ethereum’s Nethermind Software Sparks Discussion of ‘Client Diversity’ Risks

It was a manageable incident, but the episode revived a long-simmering debate in the Ethereum ecosystem around the need for “client diversity.” Some experts took the opportunity to point out how bad things could have been if another client software, Geth, the chain’s most popular execution client, had gone out; the question is whether Ethereum could have kept going since Geth stands out as a possible single point of failure for the network. Source

MetaMask’s Secret Weapon and Ethereum’s Dencun Debacle

MOORE IS MORE. Ethereum co-founder Vitalik Buterin, the de facto high priest of the world’s largest smart-contracts blockchain, tossed out last week on a Reddit “Ask Me Anything” that it would be “reasonable” to raise the network’s “gas limit” – a very technical way of referring to the amount of transactions that can get jammed into each new block. He suggested an increase to “40M or so,” implying a 33% increase over the current limit of 30 million gas. (Yes, for the underinitiated, a unit of gas, in this context,…