Ethereum update to unlock $33 billion in the cryptocurrency world
This week, investors will be able to access more than $33 billion in ether as part of a Ethereum update blockchain revamp. Shapella, a new software upgrade to the Ethereum blockchain, will allow market participants to redeem their “staked ether” – coins they have deposited and locked up on the network in exchange for interest […]
Why Ethereum “Merge” Will be the Game Changer For Crypto Forever
The most significant shift to Ethereum in its seven-year history is expected to happen in a few weeks. The “proof-of-work” security mechanism used up until now to protect the Ethereum blockchain uses more energy than Belgium as a whole. Adopting a new “proof-of-stake” technique will reduce Ethereum’s energy use by 1,000 starting next month.. However, […]
What is Ethereum? Should You Invest In ETH in 2022
Let’s take a deeper look at “What is Ethereum” ? Ethereum is a software platform that runs on a blockchain, rather than a “digital gold” like Bitcoin. Users can interact with the platform using ether, the Ethereum cryptocurrency, or buy and hold it as a store of value. Ethereum is commonly used by developers, but […]
Ethereum Might Surpass Bitcoin in 2022: Here’s Why?
Did you know that Ethereum might surpass Bitcoin in 2022. Research shows that Ethereum’s price skyrocketed by more than 400%, while Bitcoin’s price has increased by around 70%. Bitcoin is a digital currency that emerged first in the crypto realm. Those who have already invested in Bitcoin are more likely to gain significant returns. Ethereum, […]