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Ethereum's gas fees have been a headache for a long time, especially during high traffic. Now, Vitalik Buterin, Eth's co-founder, is suggesting a fix to make transactions faster and cheaper.
Ethereum (ETH) has recently faced a notable price slump, prompting discussions about whether this downturn is a temporary setback or indicative of more significant challenges ahead. Over the past 24 hours, ETH has experienced a 2.70% decline, entering what traders refer to as a “retracement.
ETHcoin was promoted by Machi Big Brother just minutes after its launch. He is also among the biggest miners, taking 20% of block rewards, despite claiming no insider knowledge.
The altcoin market is transforming, heralding a new era that puts Solana at a crucial turning point.
Aragon Association allows ANT holders to redeem tokens for ETH at a fixed rate through Binance. The redemption process will be completed by November 8, 2024.
The market might be in sell-off mode, but top market whales are finding a way to cash in on already accrued gains. As shared by crypto analytics platform Lookonchain, an Ethereum ICO participant has initiated a new sell-off transfer, adding to the broader market sell-off pressure.
An Ethereum whale who participated in the ICO has sold 3,000 ETH, worth $7.64 million, raising concerns about what might happen next to Ethereum's price. The last time this whale sold a large amount, ETH's price fell by 15%.
After selling 10,000 ETH in the past few months, the Ethereum ICO participant still has 37,000 ETH to cash out.
While most of the altcoins have been trying a push upside, the Ethereum (ETH) price has continued to move sideways flirting around $2,550 levels. The ETH/BTC pair has also been heading lower hitting the lowest levels since 2021.
Solana (SOL) is becoming the Ethereum of this bull market. Up 30% against its USD pair since early October, $SOL is the gains leader among the top 50 cryptocurrencies by market capitalization.
Base, an Ethereum Layer 2 (L2) scaling solution, is set to implement a significant upgrade with the introduction of fault proofs on October 30, 2024.
TL;DR Significant Fee Reduction: Vitalik Buterin's proposal aims to cut Ethereum gas fees by up to 80%, making transactions more affordable for users. Efficiency and Speed: The changes focus on improving transaction processing efficiency, potentially increasing Ethereum's transaction speed by up to five times.
On Oct. 24, blockchain security firm PeckShield reported that the Radiant Capital hacker had transferred nearly all of the stolen funds from Arbitrum and Binance's BNB Chain into the Ethereum network. The funds, valued at approximately $52 million, totaled 20,500 Ether. This development follows the Oct.
The SOL/ETH pair trading on Binance looks overbought after four-month winning trend.
Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH's transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromising the network performance.
It will be possible to perform stateless verification that does not require storing the entire blockchain.
Solana continues to offer the best returns in the crypto market, surpassing even the performance of Bitcoin and Ethereum.
Ethereum price has been dropping for the third day in a row after failing to break past the $2,700 mark.
Blockchain forensic firm PeckShield discovered wallets belonging to Radiant Capital's exploiter transferred $52 million funds into the Ethereum network. In an Oct.
High gas prices have historically been a problem for Ethereum during times of high demand. These charges, which are a result of network congestion, have been an ongoing issue.
Ethereum co-founder Vitalik Buterin has just announced an Ethereum upgrade which aims to make blockchain verification mainstream.
Ethereum's next upgrade, “The Verge,” will drastically reduce hardware requirements, making node operations accessible on everyday devices like phones and smartwatches.
On Oct. 23, the ETH/BTC pair reached its lowest level since April 2021, plunging to just 0.0375 BTC. It has now fallen by 55% from its record high.
The Ethereum network continues to grow steadily, reaching new highs in validators and staked Ether this year, but this might not be the best outcome for the ecosystem going forward.
