The Ethereum protocol support team published a blog post, announcing that Klin testnet is in the process of launching. Kiln is supposed to be the last merge testnet of Ethereum to switch to the Proof of Stake consensus model. The blog post explains that similar to the Ethereum mainnet, the...
Data show that now there are 6.73 million Ethers worth about $21.2 B staked in Ethereum 2.0 contract. The tokens will remain locked up until the network's major update is completed. With Ethereum 2.0, the current Proof-of-Work blockchain merges with the Proof-of-Stake chain. The switch is supposed...
On August 5, Ethereum London hard fork was launched, changing the way miners get rewards. The network's new fee-burning mechanism, called Ethereum Improvement Proposal (EIP-1559) has removed around $49 M in Ether from circulation. EIP 1559 came to replace Ethereum's previous fee-calculation...
Ethereum developers have partnered with Consensys and DeepWork Studio to release a "Launch Validator Platform" for the Medalla Testnet, which will launch on August 4th. The goal of the platform is to teach the self-staking process on the Ethereum 2.0 blockchain, which will run on the...
Developers won't have the opportunity to release the Ethereum 2.0 update in the first quarter, as previously planned, but they are “95% sure” that they are going to have time to prepare the release before the end of 2020. The team spoke about this during the AMA session on the Reddit...
History of Ethereum started in 2013 when Vitalik Buterin issued a whitepaper of it. Ethereum intended to make the use of blockchain technology achievable not just for payment systems. Nowadays, Ethereum is one of the most influential blockchains in the world, and most of the decentralized apps and...
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