Ethereum Proof-of-Work fork set to launch 24 hours post-Merge

Ethereum proof-of-work hard fork will launch 24 hours following the Merge on September 15, according to a Twitter thread published by ETHW. ETHW Core Announced the Plan for Mainnet#ethereum #ethw #ethereummerge #ethereumfork $ethw $eth #ethpow 1/n — EthereumPoW (ETHW) Official #ETHW #ETHPoW (@EthereumPoW) September 12, 2022 ETHW is the team behind the Ethereum PoW … Read more

Research: As the merge approaches, on-chain data suggests ETH used as store of value

According to on-chain data, as the merge approaches, the dominant behavior across the Ethereum network is to HODL. Coins held by Ethereum investors are maturing to showcase a higher number of HODLers unwilling to sell. Within the Ethereum ecosystem, just under 60% of investors have held for more than one year, compared with Bitcoin, which … Read more

Google adds Ethereum Merge countdown clock as searches reach all-time high

Google Cloud developer Sam Padilla announced Friday that an Ethereum Merge countdown clock is live in the Google Search engine. Searches for “Ethereum Merge” now return a native countdown clock along with the current hashrate, difficulty, and merge difficulty. Hey @VitalikButerin @drakefjustin & other @ethereum folks, go google “the merge” for a fun little surprise … Read more

India’s central bank plans CBDC launch in 2022 with help from fintechs, public banks

The Reserve Bank of India (RBI) is engaged in talks with fintech companies and four public sector banks to pilot Central Bank Digital Currency (CBDC) project, with a potential launch planned later in 2022, Moneycontrol reported Sept. 5. Fidelity National Information Services (FIS) is reportedly one of the companies the central bank is consulting. FIS offers … Read more

Ethereum’s Merge: Analytics suggest it is doing little to attract new users

On-chain and off-chain metrics indicate that one of the largest events to occur in crypto isn’t generating interest outside of the crypto community. As nearly all crypto users are aware of by now, the Ethereum Merge is set to occur in the middle of September, moving the chain from a Proof-of-Work (PoW) to a Proof-of-Stake … Read more

Vitalik Buterin says crypto payments are superior, people underestimate the potential

Ethereum (ETH) co-founder Vitalik Buterin believes that crypto payments are better than many realize due to their convenience and censorship resistance feature. People continue to underrate how often cryptocurrency payments are superior not even because of censorship resistance but just because they’re so much more convenient. Big boost to international business and charity, and sometimes … Read more

September 14 may be the biggest day in the history of the internet

The Merge has been a hot topic of conversation within the Ethereum ecosystem for years. The third revision of the original Ethereum whitepaper included references to proof-of-stake in 2014. Vitalik Buterin added references to PoS, stating that both PoW and PoS can “serve as the backbone of a cryptocurrency.” “The mechanism behind proof of work … Read more

ENS reaches 2 million names created – top holder owns 35k domains

The Ethereum Name Service (ENS) has reached a milestone of 2 million “.ETH” addresses minted. The landmark comes just three and half months after the service reached 1 million addresses. ENS addresses allow users to link a human-readable domain ending in “.ETH” to their wallets. Domains such as “beer.eth” can be used to send crypto … Read more

Ethereum leads the charge against Bitcoin, rising 61% since June — Flippening price target at $3,750

Ethereum is outperforming Bitcoin ahead of The Merge in September, with the second largest cryptocurrency by market cap rising 61% against Bitcoin since June. The below chart shows the price of Ethereum against Bitcoin since 2018. ETH has finally passed the 0.077 BTC level not seen since January 2022; now just 12% off a 4-year … Read more

Vitalik Buterin considers Ethereum development only ‘55% complete’ after The Merge

Ethereum founder Vitalik Buterin sees Ethereum’s history moving off-chain to reduce the protocol’s complexity. Speaking on the main stage of EthCC on July 21 about the long-term future of Ethereum, Vitalik stated that Ethereum is going through a transitional state and its development is only “40% complete.” There are five stages ahead for the evolution … Read more