Ethermine has announced the launch of its Maximal Extracted Value (MEV) beta program. The mining pool claims MEV will enable its miners to make more profits and cushion the effect of the impending EIP-1559, which is designed to slash miner rewards, according to a tweet on March 17, 2021. Ethermine Adds Support for MEV Ethermine,Read More
What is Ethereum? Blockchain, for purists, represents perfection, efficiency, independence, and transparency. These are ideals on which centralized systems are supposed to be built. However, that has not been the case. The failure of banks to protect the user was incensing and led to the creation of Bitcoin, the most dominant in the crypto market. […]
Bitcoin has recently swung into the $60,000 range, thereby spiking to a new all-time high. The currency is stronger than it’s ever been, and many people are now giving it the attention it’s deserved for so long, but that has left many other altcoins – such as Ethereum – out in the dark. Ethereum Is...
Vitalik Buterin, ethereum’s co-founder, has published a method to quickly merge the current Proof of Work (PoW) blockchain with the recently launched Proof of Stake (PoS) blockchain. “The ethpow node...
Blockchains today face several issues when it comes to scalability, decentralization, and weak security protocols. Let’s take Ethereum as an example. Ethereum is the go-to platform when it comes to decentralized applications and DeFi. Currently, the platform has over $21 billion locked in smart contracts. However, the platform is severely restricted in serving a largeRead More
Ethereum developers have proposed the Ethereum Improvement Proposal (EIP) 3368, which aims to finally put miners and the development community on the same page, as regards the scheduled implementation of EIP 1559, a proposal that seeks to permanently solve the problem of skyrocketing gas fees. Quelling the Tension with EIP-3368 On March 13, 2021, TimRead More
What is the top cryptocurrency – Bitcoin or Ethereum has been a hot debate for the past years. If we look at the market cap – Bitcoin has been the leader since the beginning. However, ETH has advanced further as a blockchain with its multi-purpose platform that allows for more use cases, such as smart […]
Tether, the biggest stablecoin by market capitalization, recently announced that it launched the Tether USDT cryptocurrency on Solana, which has become the 7th network to support the stablecoin. The stablecoin is already supported by the Ethereum, Tron, Algorand, EOS, Liquid Network, Omni, and Bitcoin Cash networks, which has allowed the currency to reach a market [...]