Less energy-intensive, the future of the Ethereum blockchain remains strewn with pitfalls

Ethereum, the second most important “blockchain” in the world of cryptocurrencies after that used for bitcoins, has managed to transform itself to drastically reduce its environmental impact, but according to specialists, this change could have serious consequences. Launched in 2015, Ethereum now hosts billions of dollars in transactions, in particular thanks to the Ether cryptocurrency, … Read more

Is “Bitcoin” following Ethereum in converting to a green currency?

date of publication: September 24, 2022 19:59 GMT Update date: September 24, 2022 20:30 GMT On September 15, 2022, the cryptocurrency “Ethereum” turned green by turning the mining mechanism into a greener and less resource-intensive “Proof of Stake” method. According to an analysis from the Crypto Carbon Ratings Institute, the transition should reduce Ethereum’s electricity … Read more

The rise in the price of the Dogecoin currency puts it at the forefront of the cryptocurrency market

The recent rise in the price of a currency Dogecoin By 8% is one of the most unexpected quotes in the market, considering the problems DOGE has had with its move towards higher resistance levels. However, a break above the local resistance level may bring us some pleasant surprises. A breakout above the 50-day moving … Read more

A harsh environment for cryptocurrencies… Bitcoin Falls to $13,000

[사진=게티이미지뱅크] Bloomberg News reported on the 23rd (local time) that the sharp decline in the price of cryptocurrencies such as Bitcoin will be sharpened by the intensive tightening of the Federal Reserve (Fed). At one point during the day, Bitcoin was trading at $18,538, down 3.7%. As of 3:31 pm (Korea time), Bitcoin traded at … Read more

How much will the merger of Ethereum have on GPU manufacturers and transaction service providers? Ethereum_Sina Finance_Sina Network

Zhitong Financial Network   CITIC SecuritiesAccording to a research report released recently, the merger of Ethereum was launched, and the conversion to a pure proof-of-stake (PoS) mechanism was planned. To increase computing power to obtain income, staking Ethereum and becoming a validator will be the only way to obtain income. The bank’s analysis believes that after … Read more

Ethereum ‘ETHPoW’ based on proof-of-work, as soon as it debuts, it has a disability… and the price is 75% ‘drop’

[사진: 셔터스톡] [디지털투데이 황치규 기자]The ETHPoW mainnet, which was separated from Ethereum, with the goal of maintaining the existing PoW method while the so-called Merge, in which Ethereum switched from proof-of-work (PoW) to proof-of-stake (PoS) consensus mechanism, completed the upgrade From the outset, we were faced with a formidable situation. According to foreign media such … Read more