“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability remains unchanged.” Five years and thousands of bits later, Ethereum is still chugging along as a decentralized platform for self-executing code, the CoinDesk writes. And […]
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Tag: Ethereum 2.0
Ether Price Hits 2020 High: Key Reasons Why ETH Outperforms Others
The price of Ether has hit a new yearly high at $322, as three key factors appear to be catalyzing the rally, the Cointelegraph predicts. The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally. […]
Story from Tech Everything You Need to Know About Ethereum 2.0
Ethereum 2.0 is coming. The yearslong upgrade – intended to radically transform the world’s largest smart-contract platform – is inching closer to deployment. The Ethereum Foundation recently announced “Medalla,” a final testnet before the mainnet launch of the Eth 2.0 beacon chain. As of July 10, some developers, including Ethereum founder Vitalik Buterin, estimate the oft-delayed Eth 2.0 will […]
Frustrations Over Ethereum 2.0 Delay Eased by Matic Testnet Speed
Matic Network, the Layer 2 scaling solution for Ethereum, revealed the results of their Counter Stake testnet stress testing. Over an uninterrupted two month period, the team claims the network achieved speeds of up to 7,200 transactions per second (TPS). What’s more, this occurred under decentralized conditions. “During stress testing, 122 validators were active and running validator+sentry […]
Ethereum 2.0 Pre-Release Kicks Off ‘Relatively Feature Complete’
Ethereum (ETH) has launched its first pre-release for phase zero of the network’s evolving transition to Ethereum 2.0, according to new post published to Ethereum’s github on Jan. 31. The post notes that “this marks the first release in a series of weekly releases through February 2019. Phase 0 in v0.1 is relatively feature complete and approaching […]