The Problem With Ethereum 1.0 Ethereum currently uses a proof-of-work (PoW) system that is considered slow, relatively expensive for transactions, and highly inefficient, requiring powerful computers to solve complex algorithms to validate transactions. PoW requires miners, who use their specialized computers to race to solve an equation to confirm transactions. The winners are rewarded in […]

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It is up to new projects to find innovative approaches to reinvigorate the DeFi niche, and BXTB is bringing innovation to DeFi. The Covid pandemic, social unrest, and economic turmoil experienced by countries around the world have resulted in a loss of trust in fiat currencies and traditional finance. This combination of factors has caused [...]

The post A Yield-Generating Stablecoin: BXTB’s Vision to Transform Yield Farming appeared first on Blockonomi.

Ethereum’s Medalla Beacon Chain testnet has been running since early August but participation is waning. The lead developers are eager to get beyond testing and launch the real thing, which could be around six weeks away. Ethereum 2.0 developer Ben Edgington recently posted an update to highlight the latest news from Beacon Chain testing and […]

The post Medalla Testnet Suffers Low Participation as Devs Push for Ethereum 2.0 Genesis appeared first on BeInCrypto.

Ethereum is prepping for a highly anticipated upgrade in November 2020. The goal of the upgrade is to enable the chain to scale its speed to handle significantly more transactions volume to match that of Visa and other major payment processors and increase its security. The upgrade has the potential to dramatically raise the awareness […]

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According to on-chain analytics, around 60% of all Ethereum coins have not been moved for over a year as anticipation for the long-awaited ETH 2.0 launch builds. The bullish metric has been observed by ETHhub founder Anthony Sassano who commented on a Glassnode ETH ‘Hodl Wave’ chart. He added that it will be interesting to […]

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