The days of a proof of stake Ethereum mainnet are getting closer as the network takes another step closer to achieving this with the launch of the Kiln testnet.  The Ethereum Foundation announced on March 14 that network shareholders should use Kiln to run tests.

The post Ethereum “Merge” is now closer than ever with Kiln testnet now public appeared first on CryptoSlate.

One of the world’s biggest blockchains Ethereum is testing a new way to approve transactions. It will be merging the existing Ethereum mainnet with the Beacon chain of the Ethereum 2.0 system. It is scheduled for launch in the second quarter of 2022. However, an exact date has not been disclosed. Logical month for the […]

Close to 10% of ethereum’s 119 million total supply is now out of circulation and staking on the Beacon chain. More than 10 million eth have now been sent to...

Lido is a platform built on Ethereum 2’s Beacon Chain.

The post What Made Lido a Top ETH Staking Platform? appeared first on CryptoSlate.

Ethereum seems to be totally committed to its plan this year as the full upgrade to Proof-of-Stake gets close. Marius van der Wijden, one of Ethereum’s core developers, announced in a post on March 10 that the final testnet had gone public. The testnet is a blockchain version that allows developers to experiment with new [...]

The post Ethereum’s Final Tesnet Went Public: Will The Merge Be Here Soon? appeared first on Blockonomi.

Ethereum 2.0 has crossed a major milestone after recording over 10 million ETH staked on the platform. That’s $26 billion worth of ETH already staked [...]

Ethereum 2.0 has over $26 billion worth of ETH in its deposit contract leading up to the chain's full upgrade this year.

Around the middle of this year, Ethereum, the second-largest blockchain in terms of monetary value, and with hundreds of billions of dollars worth of assets depending on its operation, will transition from the Proof-of-Work consensus algorithm securing the system today, to the Proof-of-Stake system of tomorrow – a procedure described by many as changing the […]

The post Ethereum’s client diversity: with 66% running Prysm, is The Merge safe to pursue? appeared first on CryptoSlate.

The Terra blockchain’s total worth has surpassed $30 billion. LUNA prices have risen approximately 70% in the last week, due to excellent fundamentals and community [...]

Silicon Valley based venture capital firm Andreessen Horowitz (“a16z”) has announced that it has invested in decentralized staking platform Lido. What Is Lido? Lido, which was introduced on 15 October 2020, is “a liquid staking solution for ETH 2.0 backed by industry-leading staking providers.” It “lets users stake their ETH – without locking assets or maintaining […]

The venture capital firm said Lido's liquid staking solution removes many "operational complexities" institutional investors have faced in staking ETH.

The Ethereum protocol has reached another milestone as the number of Ethereum 2.0 validators has surpassed 300,000. At the time of writing, the Ethereum 2.0 contract has over 9.6 million ether deposited worth more than $28.4 billion. Ethereum Beacon Chain Validators Jump Past the 300,000 Mark For quite some time now, Ethereum (ETH) network participants […]