Ethereum Set to Undergo Shanghai Update in March, Here’s What It Means

Ethereum Set to Undergo Shanghai Update in March, Here’s What It Means

Ethereum, the world’s most commercialised blockchain, is set to see the completion of another historic update, called the Shanghai update. As of now, people who staked Ether tokens to validate the blockchain had no way to withdraw their tokens. It is estimated that $22.38 billion (roughly Rs. 1,82,520 crore) worth…

Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival

Dogecoin Rises as Second Largest PoW Cryptocurrency Following Ethereum Merge Arrival

Dogecoin, the meme-based cryptocurrency that was formed as a joke in 2013, today stands as the second-largest proof-of-work (PoW) cryptocurrency after Bitcoin. The development comes a day after the Ethereum blockchain completed its transition to the energy-efficient proof-of-stake (PoS) mining model from its previous power-intensive PoW mechanism. Ethereum’s native cryptocurrency,…

‘Happy Merge All’: Vitalik Buterin Officially Confirms Arrival of Ethereum’s Upgrade

‘Happy Merge All’: Vitalik Buterin Officially Confirms Arrival of Ethereum’s Upgrade

The ‘Merge’ — the much-awaited upgrade to the Ethereum blockchain — finally completed on September 15, marking a historic milestone in the blockchain and crypto industries. Vitalik Buterin, the co-founder of Ethereum announced the launch of the Merge on Twitter, calling this a “big moment” for the Ethereum ecosystem. Essentially,…

Crypto Chart Drenched in Red Ahead of Ethereum’s ‘Merge’ Upgrade

Crypto Chart Drenched in Red Ahead of Ethereum’s ‘Merge’ Upgrade

The overall crypto market slipped down ahead of the arrival of Ethereum’s energy-efficient upgrade called the Merge which is expected to arrive today. Bitcoin on Thursday, September 15, opened with a loss of 1.65 percent as per Gadgets 360’s crypto price tracker. The current trading value of BTC stands at…

FTX to Freeze Deposits, Withdrawals on Solana, Arbitrum Blockchains Amid Merge Transition

FTX to Freeze Deposits, Withdrawals on Solana, Arbitrum Blockchains Amid Merge Transition

FTX crypto exchange will be briefly pausing all deposits and withdrawals of ETH and ERC-20 tokens as the Etheruem blockchain gears up to transition into its eco-friendly upgrade, named the Merge. The final Bellatrix update for this transition to complete is scheduled to start on Tuesday, September 6. The Merge…

OpenSea NFT Marketplace to Solely Support Ethereum’s Upgraded ‘Merge’ Version

OpenSea NFT Marketplace to Solely Support Ethereum’s Upgraded ‘Merge’ Version

OpenSea NFT marketplace has announced its allegiance to Ethereum’s upcoming energy-efficient upgrade called the Merge. The platform has stated that no Ethereum forks will be supported on OpenSea in order to ensure all transactions are as smooth as possible. ‘Forks’ is a technical term which is used when a blockchain…

Ethereum’s ‘Merge’ Upgrade Gears Up for Final Testnet Check Starting August 4, Details Here

Ethereum’s ‘Merge’ Upgrade Gears Up for Final Testnet Check Starting August 4, Details Here

After passing through rigorous devnets, shadow forks, and other kinds of tech tests, Ethereum’s eco-friendly upgrade is finally close to its roll-out. Called the ‘Merge’, this network will transition on the final testnet, Goerli. The testing, which begins on August 4, will go through more tech checks between August 6…

Ethereum Update Set to Undergo Ropsten Testnet, Completion to Mark Readiness of ‘Merge’

Ethereum Update Set to Undergo Ropsten Testnet, Completion to Mark Readiness of ‘Merge’

The eco-friendly upgrade to the Ethereum blockchain is gearing up to undergo the Ropsten Beacon Chain testnet, one of the longest-existing proof-of-work (PoW) testnet. Basically, the Ropsten testnet is the most popular replica of the Ethereum network. It is capable of imitating the aspects of the ETH mainnet, making it…

Ethereum’s Eco-Friendly Revamp ‘Merge’ May Go Live in August, Unless a ‘Difficulty Bomb’ Explodes

Ethereum’s Eco-Friendly Revamp ‘Merge’ May Go Live in August, Unless a ‘Difficulty Bomb’ Explodes

Ethereum, the popular and largely commercialised blockchain, is currently undergoing a software revamp after which, its functioning would be more energy efficient and eco-friendly. Preston Van Loon, a developer working on Ether 2.0, has said that if everything goes according to their current plans, the ‘Merge’ would be ready for…