Ethereum is set to implement its proof-of-stake (PoS) consensus algorithm and as part of the process, co-founder Vitalik Buterin has proposed that the community adopts higher staking rewards. Buterin made his proposal regarding the dapp and smart contract platform on GitHub on Friday, April 20. According to him, the blockchain should have 2,097,152 ether issued […]

Source link: Ethereum’s Vitalik Buterin Proposes Higher Staking Rewards For Upcoming PoS Implementation

Fidelity Digital Assets Services (FDAS), a crypto trading and custody division of investment giant Fidelity Investments, will likely delay support for Ethereum (ETH) for a while, a senior executive of the platform has said. Fidelity’s digital asset subsidiary launched this quarter, with its initial plans being to support bitcoin and then ether. However, according to […]

Source link: Fidelity Digital Assets May Delay Adding Ethereum Support Due To Hard Fork Concerns

A weekly developer call of the MakerDAO, the open-source developer group of decentralized, ETH-backed stablecoin DAI, came to the understanding that the coin’s dollar peg was reaching its “breaking point” due to a lack of organic demand. Concerns at the meeting mostly revolved around the DAI’s ability to hold its peg at a time when […]

Source link: MakerDAO Token Holders’ Vote Could Increase Fee For Ethereum-based Stablecoin