Prysmatic Labs calls the Medalla testnet incident a “learning experience” and says the launch of ETH 2.0 can proceed as planned. Rumors of the death of the Medalla testnet have been greatly exaggerated says Prysmatic Labs’ editor Raul Jordan, who adds that despite the mishap, the launch timetable for ETH 2.0 remains on track. Medalla…
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The price of Ether has hit a new yearly high at $322, as three key factors appear to be catalyzing the rally. The price of Ethereum (ETH) has reached a new yearly high at $322, surpassing the previous high achieved in February 2020. Three key catalysts are seemingly behind the ETH rally. Since early 2020,…
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Ethereum 2.0. is coming, but not soon enough. Could layer-two solutions be the answer? Ethereum has been the center of focus in the cryptosphere for some time now, and for good reasons. As the popularity of the second-largest blockchain network continues to grow, so too does the urgency for improved performance and scalability. The Ethereum…
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Ethereum co-founder Vitalik Buterin mentioned looking back at Ethereum’s development. The Hashing It Out podcast recently hosted Ethereum co-founder, Vitalik Buterin. During the show, he explained how he would handle Ethereum’s creation differently if he were building it now. Buterin acknowledged the presence of a number of changes, both large and small, such as putting…
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Ethereum’s blog shows ETH 2.0 still chugging along with developments. A recent post on Ethereum’s blog shows the network’s version 2.0 is still coming, noting several developments since its last update. “Aside from written updates […] and other public summaries, client teams, contributors, and community members/prospective-validators have been busy,” said a June 23 post on…
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While being a vital part of the transition to more scalable and secure blockchain, the Ethereum 2.0 upgrade can incur some risks for stakers, holders and traders. Alongside the ultimate scalability and security for the Ethereum network, the upcoming Ethereum 2.0 upgrade to a proof-of-stake model promises to bring additional, new benefits to its users,…
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The first stage of Ethereum 2.0 is almost here, but how will the DApp and DeFi space adapt to this change? While Ethereum has brought about a whole new realm of possibilities due to its native token Ether (ETH) and its smart contract and tokenization capabilities, it is often faced with challenges such as network…
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Ethereum 2.0’s “many clients” approach is sometimes criticized for slowing down progress, but a Nimbus developer believes this will make the network more resilient. Progress on Ethereum 2.0 has picked up pace recently as the Schlesi multi-client testnet revealed itself to be a more-or-less stable network. Cointelegraph spoke with Zahary Karadjov, R&D lead for Nimbus,…
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Bugs, management issues and competitors: What challenges is Ethereum facing before its anticipated proof-of-stake upgrade? The launch of Ethereum (ETH) 2.0 may be delayed yet again after developers rescheduled the network’s proof-of-stake algorithm upgrade for June 2020, as reported by Cointelegraph on May 15. Taking into account all of the factors surrounding the highly anticipated…
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Let’s take a closer look at the core concepts underlying vertical and horizontal scaling. What are some of the key points to remember about scalability? It is all about centralization vs. decentralization. For blockchain platforms, the scalability of a given chain often boils down to the level of decentralization possessed by the network. Highly decentralized…
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