Ethereum News

  • Pantera Capital: The year ahead for cryptocurrencies

    Then and Now: The 2017 Rally vs This Rally Bitcoin peaked at $19,783.21 in 2017. Everything else has changed dramatically since then. Most of the coins in the top 20 today did not even exist in 2017. The first big difference is that the 2017 rally was all about hype. In mid-2017, the world fell in love with a new coin offering – an initial coin offering (ICO). They have been around since 2013. Pantera Capital made its first token, Augur, on Ethereum in August 2015. The second half of 2017 was the ICO boom. Most of…

    DeFi News 2022-01-18
  • Reading Optimism: Creating a Bright Future for Ethereum

    Introduction Everyone has heard of Ethereum 2.0 and how it solved the Ethereum scaling problem. What if I told you that Ethereum has been scaled with or without Ethereum 2.0? The shift from a Proof of Work (PoW) to a Proof of Stake (PoS) consensus model is just the tip of the iceberg. The final real challenge is to create a whole new framework for blockchain scalability, moving from monolithic to modular blockchains. This is Ethereum’s solution to the blockchain triad problem, with the goal of increasing throughput while maintaining decentralization and security. The…

    2022-01-18 News
  • Ethereum’s 2021: Continue to defend the world’s largest asset liquidity layer

    Original title: “The Year in Ethereum 2021” Ethereum is the foundation of digital civilization It is robust, secure and reliable, and it is the cornerstone necessary to support the digital cities built on it. These cities are developing rapidly. Since Ethereum is open to everyone, many different users have found reasons to build on it: Markets use it as financial infrastructure Artists use it to give permanence to their work Assets use it as a settlement layer The community uses it to manage shared resources This year, Ethereum applications have exploded into…

    2022-01-18 Ethereum News
  • Progress of Consensus Algorithms

    In the past two years, with the ecological development of public chains such as Ethereum , there have been many applications. Although Defi and NFT applications are relatively “simple”, the overall operation volume on the chain is large, which makes users and developers still believe it. The processing power of Ethereum and the processing power of other public chains. However, an important advantage of other public chains compared to Ethereum is that the gas fee of Ethereum is too high, and the gas fee of other public chains is extremely low. The…

    News 2022-01-18
  • How will the new public chain and Ethereum evolve in 2022?

    In 2021, DeFi is growing at an unprecedented rate, with DEX trading volume tripling and total value locked (TVL) quadrupling. As Ethereum transaction fees soared, the rise of L1, a new public chain with faster transaction speeds and cheaper fees, caused Ethereum’s market share to drop by more than a third in a year. Crypto users are attracted by a vibrant new public chain ecosystem and cheap fees, especially EVM-compatible public chains. For example, in the past year, BSC’s TVL has grown from $62 million to $21 billion, an increase of 31,000%. As new public chains…

    2022-01-18 News
  • Ethereum EIP-1559 upgrade goes live on Polygon to destroy MATIC

    The Ethereum upgrade, which introduced a partial network fee burning mechanism last August, has been launched on Polygon , the second layer scaling network . Last summer, Ethereum’s EIP-1559 upgrade, released alongside the London hard fork, was a success in terms of gas price predictability and network fee burn. The upgrade has now been launched on Polygon, the second-tier extension network, to improve “fee visibility.” The upgrade goes live at area code height 23850000. The Polygon team announced the upgrade date on January 17, after the upgrade was successfully deployed on the Mumbai testnet. The EIP-1559…

    Ethereum News 2022-01-18
  • A sneak peek at Snapshot’s upcoming 2-tier voting framework, Snapshot X

    On January 18, 2022, Snapshot officially announced that it plans to release Snapshot X in the second quarter of 2022. Snapshot X, formerly known as StarkVote, was developed by Snapshot in cooperation with the StarkWare team. This solution will improve Snapshot in many ways. What is Snapshot X? Snapshot X is a voting framework based on StarkNet, a 2-layer ZK-Rollup. It will allow any DAO to run its on-chain governance on Layer 2 and execute transactions on Ethereum . This would provide similar security guarantees to users’ voting framework at Layer 1, at a fraction…

    News 2022-01-18
  • Ethereum’s 2021

    Ethereum is the foundation of digital civilization It is robust, secure and reliable, and it is the cornerstone necessary to support the digital cities built on it. These cities are developing rapidly. Since Ethereum is open to everyone, many different users have found reasons to build on it: Markets use it as financial infrastructure Artists use it to give permanence to their work Assets use it as a settlement layer The community uses it to manage shared resources This year, Ethereum applications have exploded into the public consciousness. The old term “web3” is…

    2022-01-18 Ethereum News
  • How does Polygon plan to be Ethereum’s internet of blockchains?

    The Ethereum blockchain is currently facing technical pain points such as high transaction fees and slow confirmation times, which has led some users to migrate to other layer 1 blockchains such as Solana, Avalanche, and Binance Smart Chain. Polygon wants to reverse this trend and create an entirely new protocol that connects all Ethereum-based blockchains into one ecosystem. Polygon, formerly known as Matic Network, was founded in 2017. They launched an Ethereum sidechain in June 2020, allowing fast and low-cost transactions without completely sacrificing security, and this was achieved through the Plasma…

    News 2022-01-17
  • Survey: UK Crypto Adoption Increases 1% in December, ETH Holds 3rd

    According to a survey conducted by Finder.com in December, the United Kingdom ranked third in the global Ethereum adoption rankings, while overall cryptocurrency adoption rose by only 1%. At the end of 2021, UK crypto enthusiasts are busy consolidating and rebalancing their portfolios. Finder.com surveyed 2013 internet users in the UK in December 2021 and the results were varied. Since the last survey conducted in October 2021, cryptocurrency holdings in the UK have risen by 1 percentage point from 5.2% to 6.1%, while ethereum’s dominance continues to emerge. The UK has…

    2022-01-17
  • Consensus layer progress update (as of 2022/1/14)

    Top recommendation Happy new year friends! It hasn’t been updated for a while. During the holidays, my favorite was without a doubt Vitalik’s long podcast as a guest on Bankless, talking about his recently updated roadmap for “The Urges”. Beacon Chain The beacon chain continues to function normally, with over 9 million ETH staked on it and over 280,000 validators. The engagement rate is about 99.8% and it really works well. The Prater testnet had a bit of a problem over the holidays – the trigger appears to be that some of…

    News 2022-01-17
  • Vitalik slams cross-chain dYdX announcing full decentralization

    Vitalik Buterin outlines his views on the world of cross-chain blockchains. dYdX has announced plans for full decentralization in 2022. And Near Protocol raised $150 for Web3 technology. Vitalik said he is optimistic about multi-chain rather than cross-chain, Web3 world. Ethereum co-founder Vitalik Buterin shares his assessment of the security limitations of implementing a full-featured cross-chain bridge within the blockchain industry. According to Buterin, storing assets on their native chain provides a higher level of security compared to cross-chain activity, thus defending against 51% attacks. He believes: “It is always safer to hold…

    2022-01-17
  • In 2021, Etherscan has updated 21 functions and what direction does it point to?

    A year like 2021 is a very important year for Ethereum and the wider ecosystem as a whole. With the development and popularity of DeFi and NFT, more and more users have begun to really touch and use blockchain, not just the word “blockchain”. Although a good market is an exciting and fortunate thing for end users, it means more and more difficult challenges for developers or builders. There are distractions everywhere, and more users means more contingency and preparedness to keep services running safely and stably. But no matter what year it…

    2022-01-17
  • Why is “data availability” critical to blockchain scaling?

    As you may have heard, Ethereum’s sharding roadmap has largely eliminated execution sharding and today focuses solely on data sharding, maximizing Ethereum’s data space throughput. You may have also seen the recent discussion on modular blockchains, dug into Rollup, learned about volitions and validiums, and heard about “Data Availability Solutions”. However, in the process you may also have a question: “What exactly is data availability?”. Before we start explaining this, we can review how most blockchains work. Transactions, Nodes, and the Infamous Blockchain Trilemma When you encounter a new OHM…

    2022-01-15 News
  • Ethereum has fallen to the altar? But is Solana ready to “succeed”?

    January 15 News   This Thursday (January 13), boxing champion Tyson “suddenly” posted on his personal social media platform that he wanted to “All in on Solana”. Solana has the potential to become the “Visa of the digital asset ecosystem” by offering consumers a variety of use cases, according to the report, which has sparked heated discussions in the community. So, can Solana really become the “new overlord” of digital assets and beat Ethereum? Let’s take a closer look. Why did Ethereum lose its dominance? Ethereum may soon lose its dominance in the…

    Ethereum News 2022-01-14
  • Ethereum Q4 Report: Metaverse Explosion, DeFi 2.0 Rise

    Note: The author of the original text is Ben Giove, and the following is the full text compilation. This article was originally inspired by “Ethereum Announces Q1 2021 Results” by James Wang One of the key documents in assessing the health of a company is the quarterly earnings report. These reports include cash flow, income statement and key growth indicators. Ethereum is not a company…it cannot publish its own quarterly reports. So we’re going to replace it. The data below shows the massive year-over-year growth of the Ethereum protocol and…

    2022-01-14 Metaverse & NFT News
  • The history of blockchain development

    In the course of nearly ten years of development, blockchain technology has brought a great impact on politics, economy and even culture. Melanie Swan divides the development stages of blockchain into blockchain 1.0, blockchain 2.0 and blockchain 3.0 eras according to the development of blockchain. Along these three eras, we can clearly see The present and future of blockchain. Blockchain 1.0 Era The birth of Bitcoin is a sign of the arrival of the blockchain 1.0 era. During this period, the development of blockchain technology was closely related to digital currency, and…

    2022-01-14
  • has sponsored the establishment of EVM+ working group to achieve EVM compatibility

    EOS is going to be compatible with EVM. On January 14, the EOS Network Foundation released an article revealing that at present, the EOS Network Foundation has sponsored six core working groups, and introduced the EVM+ working group in particular. The EVM+ working group aims to create the best solution for EOS to achieve EVM compatibility, and plans to achieve EVM compatibility by summer 2022. six core working groups They are: API+: Mainly responsible for providing data interfaces to help applications outside the EOS ecosystem better integrate the EOS network. Core+:…

    Ethereum News 2022-01-14
  • Explain in detail the technical characteristics and development status of the popular public chain NEAR

    Ethereum is undoubtedly the most used smart contract platform in the entire blockchain ecosystem. However, its scaling issues have paved the way for the development of other blockchains, all of which aim to achieve the same goal: serve the needs of the masses while remaining trustless, immutable, permissionless, transparent and censorship resistant and other characteristics. The problem is that many platforms don’t have as many developers, users, and projects as Ethereum. Although the new public chain has potential, it is also slightly “tender”. As a result, they instead compete for a key share…

    2022-01-13 News
  • Will the Fed’s rate hike expectations strengthen Ethereum 2.0 as we expect?

    Only half a month into 2022, ETH has experienced ups and downs. After reaching a high of $3,900.01 on January 4, it fell as low as $2,933 on January 10, and is currently hovering around $3,300. In half a month, the biggest drop of Ethereum was nearly 25%. Looking back at the market conditions of Ethereum last year, it set an all-time high price record in early November 2021, reaching $4,871.42. In just three months, ETH has lost 39% of its value from its peak. Since the end of last year to January this…

    2022-01-13 Ethereum News