Ethereum (ETH) Staked in Consensus Layer Reaches 10% of Circulating Supply
As the Ethereum blockchain draws ever so closely to its mainnet migration, the amount of Ethereum (ETH) staked on its proof-of-stake consensus layer
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As the Ethereum blockchain draws ever so closely to its mainnet migration, the amount of Ethereum (ETH) staked on its proof-of-stake consensus layer
The deposit contract for Ethereum’s consensus layer, formerly known as ETH 2.0, has exceeded 12 million ETH, worth nearly $34 billion at current prices. This means that more than 10%...
The transition to Ethereum 2.0, which was renamed the consensus layer, continues to gain momentum because the amount of staked Ether is nearly 10% of the entire ETH supply. (Read More)
The Massachusetts Institute of Technology (MIT) views Ethereum’s proof of stake (PoS) consensus mechanism as a game-changer that will prompt the adoption of energy-saving technology. (Read More)
The number of validators on the Ethereum network continues gaining steam after hitting the 300,000 mark. (Read More)
More participants continue joining the Ethereum bandwagon, given that addresses holding 0.1 to 1 ETH hit record highs. (Read More)
With the evolution of the Ethereum roadmap, ETH 2.0 has emerged as an inaccurate representation, and this has necessitated its rebranding so that a broader audience can comprehend its content. (Read More)
It has been a week since Ethereum’s Shapella hard fork, and statistics indicate that ethereum deposits on April 18 have exceeded withdrawals for the first time since the upgrade. At present, 929,999 ether worth $1.94 billion is pending withdrawal, and over the past three days, 112,568 ether has been added to liquid staking protocols. Just
The post Post-Shapella Hard Fork: Ethereum Deposits Exceed Withdrawals, Wait Time Climbs, ETH Transfer Fees Jump appeared first on BTC Ethereum Crypto Currency Blog.
The Ethereum blockchain is set to undergo its next major update since the network switched from proof-of-work to proof-of-stake through The Merge. The upcoming upgrade, dubbed “Shapella,” which combines the Shanghai and Capella validator changes, is expected to take place on April 12, 2023. While most users will not be affected by the change, the
The post Ethereum’s Shapella Upgrade to Enable Staking Withdrawals Set to Go Live on April 12 appeared first on BTC Ethereum Crypto Currency Blog.
Ethereum researcher Justin Drake said that when it comes to staking, his proposal aims to lower the requirements from 32 ETH to 1 ETH.
Ether has broken the $1,900 resistance level for the first time in months and is currently sitting above $1,911.
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