Unstoppable Finance argued that Solana’s validator count and Nakamoto coefficient are higher than other blockchains, making it more decentralized.
Read MoreSolana said to be ‘more decentralized than people think,’ but there’s more
Category: Ethereum News
The battle between crypto bulls and bears shows hope for the future
Bitcoin traded below its mining cost basis in June, DeFi experienced a 33% decline in TVL, and mid-month weekly BTC options peaked to their highest on record.
Read MoreVitalik Buterin: Ethereum Classic Will Definitely Welcome PoW Fans, it is a Totally Fine Chain
Summary: Ethereum’s Vitalik Buterin has suggested that the Ethereum Classic community will definitely welcome proof-of-work fans after the Merge. He points out that Ethereum Classic is ‘totally fine chain.’ ETC’s price has benefited from the speculation that the Ethereum Classic network will absorb some of Ethereum’s ecosystem in terms of miners and dapps post-Merge. Ethereum’s co-founder, Vitalik Buterin, has pointed out that anyone wishing to continue operating on a proof-of-work network after the Merge has the option of using Ethereum Classic (ETC). Mr. Buterin made the comments in a July…
Read MoreThe Merge is Ethereum’s chance to take over Bitcoin, researcher says
Ethereum’s imminent transition to a proof-of-stake consensus mechanism will transform its monetary policy, potentially making ETH more scarce than Bitcoin.
Read MoreEthereum price ‘cup and handle’ pattern hints at potential breakout versus Bitcoin
Ether has printed a classic bullish reversal pattern against Bitcoin weeks before the Merge launch date.
Read MoreFinance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week.
Read MoreAll ‘Ethereum killers’ will fail: Blockdaemon’s Freddy Zwanzger
“All the Ethereum killers from back in the day didn’t succeed, and I don’t expect them to succeed at all,” Blockdaemon’s Ethereum lead told Cointelegraph.
Read MoreBitcoin price dips under $23K after earnings report reveals Tesla sold 75% of its BTC
BTC’s march up toward $24,000 took a brief pause after media headlines announced that Tesla had sold 75% of its Bitcoin position.
Read MorePolygon Introduces zkEVM, an L2 Scaling Solution That Could Reduce Ethereum Gas Fees by 90%
Summary: Polygon has unveiled zkEVM, a layer 2 scaling solution that users zero-knowledge proofs to scale and reduce transaction costs on Ethereum. Polygon’s co-founder, Mihailo Bjelic, has described zkEVM as the ‘holy grail of Web3 infrastructure.’ Polygon zkEVM is estimated to reduce Ethereum fees by 90% compared to current costs on Ethereum’s layer 1. The Polygon (MATIC) team has unveiled a revolutionary way of scaling Ethereum using zero-knowledge proofs. We are proud to announce a giant leap forward for Ethereum scaling and ZK innovation. Introducing Polygon #zkEVM, the first EVM-equivalent…
Read MoreAmazon.eth ENS domain owner disregards 1M USDC buyout offer on Opensea
Before it expired, the offer stood at approximately 10x the amount of the domain’s last sale.
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