Ethereum developers deploy Shanghai upgrade ‘shadow fork’
To establish a testing environment before a critical update described as the Shanghai hard fork, Ethereum engineers claimed they effectively generated a duplicate of the Blockchain. This procedure is referred to as a “shadow fork.” Parithosh Jayathi, a DevOps developer at the Ethereum Foundation, said the shadow fork happened at 5:40 a.m. Eastern Time 10:40….
Web3 Privacy Layer Firm Aztec Raised $100 Million In Series B Funding To Create An Encrypted Version Of Ethereum
A16z Crypto, an Andreessen Horowitz company, led the $100 million Series B fundraising round for Web3 privacy layer Aztec. The company will concentrate on building an encrypted version of Ethereum that will enable people and organizations to conduct private transactions. The company already provides privacy-based services for various Ethereum-based apps, focusing on privacy in Web3…
Optimistic Rollups vs. Zero-Knowledge (ZK) Rollups: How Do They Work?
The rise of Ethereum is promisingly performing for many sectors along with significant setbacks. It provides the ideal ground for the particular growth of many new innovative blockchain products like NFTs and DeFi. Ethereum and its decentralized ecosystem are expanding due to the constant development of new applications and innovation. The outstanding growth in the…
The Ethereum (ETH) Merge Is Now Done: What To Expect Next?
Ethereum has completed its highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS) in a process known as the Merge. It wasn’t simple to go from proof-of-work to proof-of-stake and has undergone endless testing. Before the merge, Justin Drake, a researcher at the nonprofit Ethereum Foundation, said he used the analogy of “switching our an…
The Ethereum Merge and Bitcoin Halving Explained
In the latest news in the cryptocurrency world, the Ethereum Merge and Bitcoin halving have become two of the most talked about topics. Let’s have a look at what they are in detail. The Ethereum Merge is one of the most significant and anticipated upgrades in the cryptocurrency community — a history in the making….
MetaMask integration announced by Opera Crypto Browser ahead of Ethereum Merge
Opera Crypto Browser, a Web3-focused browser made to connect with a range of decentralized apps, now supports third-party wallets like MetaMask (dApps). The upgrade, which the Oslo-based business has deemed “one of the most significant changes since its origin,” comes ahead of Ethereum’s planned switch from the proof-of-work (PoW) consensus process to a less energy-intensive…
Google adds Ethereum Merge countdown timer with ‘Easter Egg’
As a sign of support for the upcoming Ethereum Merge, the tech titan Google has created a new countdown to highlight how much time is left for the merge. Any time you type the words “Ethereum Merge” or “The Merge,” the search engine will provide a countdown ticker with an estimated time left till the…
Reddit’s limited-edition NFT avatars selling for a premium on OpenSea
Sales of recently published Reddit NFT avatars on the non-fungible token (NFT) marketplace OpenSea is rising faster than those of the platform’s internal store. When it debuted collectible avatars in July 2022, Reddit, the “first page” of the internet, entered the burgeoning NFT sector. The avatars have aided artists in earning thousands of dollars since…
74% of Ethereum nodes ‘Merge ready’ ahead of Bellatrix upgrade
According to Ethernodes, 73.5% of Ethereum nodes are ready for ‘Merger’ in advance of the planned Bellatrix upgrade. One of the final requirements before the Merge, is to switch Ethereum to a proof-of-stake consensus mechanism. According to the Ethereum Foundation, Ethereum node operators must update their consensus layer clients before epoch 144896 on the Beacon…
What Will Happen to Ethereum After the Merge?
With each ticking of the clock watch, we are rushing towards the end of August. Though this would have been a regular thing in any other usual scenario, this time, it is special. Special for all those thousands of Ethereum investors who are anxiously waiting for the ‘Merge.’ Crypto enthusiasts call the Merge the next…
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