Ethereum network continues to record increasing support as launch draws nearer with each passing day. The network has now successfully crossed 200,000 validators meaning there are now over 200,000 validator nodes running ahead of the ETH 2.0 launch and counting. The amount of staked ETH now stands at over 6.6 million coins staked, totally over…
The Ethereum Improvement Proposal (EIP) 3675 has now launched on GitHub. EIP-3675 contains the ETH 2.0 proof of stake merge that is coming to the network. Although this does not mean that the move to proof of stake is happening anytime soon, it is bringing the Ethereum network one step closer to the move from…
Sygnum, a Swiss-based bank, has recently revealed that it will begin offering customers access to Ethereum 2.0 staking through its banking platform. This would make the bank the first bank to offer ETH 2.0 staking to its clients. Sygnum Bank has said that its clients would be able to conveniently and security stake Ethereum through…
Ethereum upgrades could jumpstart a $40 billion staking industry, according to a JP Morgan report. JP Morgan estimates that the staking industry is currently worth $9 billion and that this number could balloon to $40 billion by 2025. The report speculates that the launch of ETH 2.0 would lead to more adoption of the coin…
Phase 0 of Ethereum 2.0 took a step forward today following the submission of EIP 2982. Phase 0, also known as the “beacon chain,” refers to the transition from proof-of-work to proof-of-stake. More specifically, in Phase 0, the goal is to lay the groundwork for staking and the operation of sharding chains. “At first, the…
Ethereum (ETH) falls, down 7.5 percent SubZero freeze marks the end-of-June phase 0 ETH prices are falling back as price action strives for balance. Following the SubZero freeze notifying the community of Phase 0 amends, the community is expectant of a price recovery. At spot rates, ETH is under pressure and could consequently slide to…
Ethereum (ETH) range bound below $300 Path to Serenity on course, Phase Zero set for early Jan 2020 Prospects of a scalable system incorporating proof of stake algorithm with Sharding could see ETH prices surge. After Serenity, Ethereum will be scalable. That alone is enough to lift prices to $400 or higher in coming days.…
Ethereum (ETH) prices drop 5.5 percent from $170 The development of Ethereum 2.0 will reinforce ETH Despite competition and the threats of Binance Chain, Ethereum will leverage on their first mover advantage as a time-tested platform and recover. Besides, the promise of Ethereum 2.0 and implementation of EIP 1234 means scarcity and ETH holders would…
Ethereum prices steady below $170 A large team working towards Ethereum 2.0, Vitalik updates Vitalik is confident that Ethereum 2.0—a state of perfection reflected by high throughput and a scalable network, is right on track. All the same, prices are back to range-mode, and any break above $170 will signal trend continuation. Ethereum Price Analysis…