Ethereum News

ETH Merge Has Decreased World Electricity Usage By 0.2%, Making It The Biggest Decarbonization Event In History

It’s good news for the Ethereum community and the world as the network finalizes the execution of a merge to usher in the era of the Proof-of-Stake operating model instead of the old Proof-of-Work system that has been running the network for close to a decade. According to an earlier Twitter post by Ethereum’s own…

Ethereum News

Ethereum Fork ETHPoW: How to Add ETHW to MetaMask? The Complete Guide

Minutes after Ethereum concluded its long-awaited merge to proof of stake, ETHPoW—the network’s competitor which planned to maintain proof of work on a forked interpretation of Ethereum—took its mainnet live Thursday afternoon. This article is a complete guide on how to add ETHW to MetaMask Wallet. Let’s take a look at it in more detail. What…

Ethereum News

Vietnam Tops The Global Crypto Adoption Index For The Second Year In A Row

Overall adoption hit by bear market but still above pre-bull market levels. Emerging markets dominate 2022 global crypto adoption index. Bear market may not drive away those who put money during the bull phase. Vietnam has once again topped the Global Crypto Adoption Index prepared by blockchain analytics company Chainalysis. The list has India at…

Ethereum News

SEC Chief Gary Gensler Hints Ethereum’s Move To Proof-of-Stake Might Transform ETH Into A Security

Ethereum’s milestone switch from the proof-of-work to proof-of-stake might have just put the cryptocurrency right back in the crosshairs of the U.S. Securities and Exchange Commission (SEC). On Thursday, SEC Chairman Gary Gensler stated that proof-of-stake cryptocurrencies could qualify as securities under the Howey Test. PoS Assets Could Be Subject To Securities Laws: Gensler Gary…

Ethereum News

45% of Ethereum PoS Nodes Run By Two Addresses, Raising Fresh Centralization Concerns

Recent data suggests that only two addresses run over 45% of all Ethereum PoS nodes after The Merge. The much-anticipated Ethereum Merge is finally here, and besides its more environment-friendly approach, The Merge is already contributing to ETH’s deflationary trend, as the community sees more ETH tokens burnt. However, it appears there might be a…

Ethereum News

100% in 7 Days – Ethereum Miners Moving to mine Ravencoin after ETH Proof-of-Stake Merge?

After many pauses, the Ethereum merge finally happened. Ethereum is now successfully moved from PoW to PoS. Yet, not everyone is convinced of the move to proof-of-stake. Some Ethereum miners could split off and start their network via a hard fork or some miners are already moving to mine Ravencoin after ETH merge. Let’s take a look…

Ethereum News

How was Ethereum Merge? Here’s a Quick Summary

The Ethereum Merge was a highly anticipated event in the crypto community. The open questions were numerous: Will the merge go without problems? Will Ether price rise after the merge? Or will Ethereum crash to zero due to faulty implementations? In this article, we’ll give you a detailed summary on how was Ethereum merge, the events surrounding the…

Ethereum News

The Merge Goes Live, And A New Era For Ethereum Begins – Here’s The Whole Bushel

After months in the works, Ethereum’s Merge goes live without hitches. The Merge sees the network’s transition to an energy-efficient Proof-of-Stake (PoS) consensus mechanism. Not all entities are pleased with the new feat, with some critics poking holes into the future of Ethereum. Ethereum’s developers can breathe a sigh of relief after the widely-anticipated Merge…

Ethereum News

India Has the Potential to Lead Web3 Revolution: Industry Leaders

Experts believe that India is in a unique position to benefit from Web3, given its large pool of Web3 developers and retail crypto customers, a report in The Times of India said. A quick rollout of 5G, for which contracts have already been awarded to telcos, can further boost India’s chances of leading the Web3 revolution.  India…

Ethereum News

Ethereum Transitions Into A Proof of Stake Blockchain After Successful Merge

The much-awaited “Merge” event has been completed, transitioning Ethereum into a vastly more energy-efficient one and marking the end of a five-plus year wait by the Ethereum community. The event, broadcasted live on various outlets, started around 2.45 AM EST, with thousands worldwide converging to watch as the world’s second-largest blockchain was successfully ushered into…