Ethereums Largest Mining Pool Shuns Proof-of-Work Fork, Set Sights On ETC, And Other GPU Mineable Coins ⋆ ZyCrypto

EthereumAng Pinakamalaking Mining Pool ng Ethereum ay Iniiwasan ang Proof-of-Work Fork, Itakda ang Mga Tanawin Sa ETC, At Iba Pang GPU na Nababayarang mga Coins ⋆ ZyCrypto08 / 24 / 2022Balita ng Ethereum ng Bitcoin  anunsyo  Bitfly, the firm behind Ethereums most significant mining pool Ethermine has revealed in a recent blog post that it will be ceasing all Ethereum Proof-of-Work (PoW) mining operations following The Merge. Additionally, it will not create a dedicated mining pool for any Ethereum PoW fork.  “After carefull [careful] evaluation bitfly has decided not to offer a dedicated mining pool for any of the planed PoW fork,” the company wrote.  The firm reveals that the mining pool would switch to withdraw-only mode post-Merge. In addition, miners will be equipped with a countdown timer on their dashboard to inform them of how long they have left to mine Ethereum.  Furthermore, Bitfly urges miners who wish to mine other GPU mineable coins like Ethereum Classic (ETC), Ravencoin, Ergo, and Beam to join the dedicated mining pools they have for the tokens. As an added incentive, Bitfly plans to offer a 0% fee to members of the above mining pools for September.  The Ethereum PoW Hard Fork Push  It is worth noting that groups of

2022-08-25Ethereum

Ethereum Sets Bellatrix Upgrade And Terminal Total Difficulty Values In Preparation For Final Merge Event

EthereumEthereum Sets Bellatrix Upgrade And Terminal Total Difficulty Values In Preparation For Final Merge Event08 / 24 / 2022Balita ng Ethereum ng Bitcoin- Advertising -  Ethereum developers have scheduled the parameters for Bellatrix and Paris upgrades to be met during the upcoming network merge.  The long-awaited Ethereum Merge event is finally here. The merge is expected to usher in the era of PoS (Proof-of-Stake) system model on Ethereum 2.0. This follows a plan by Ethereum to move away from the energy-intensive PoW (Proof-of-Work) operating model.  Ayon sa isang blog post sent out by Ethereums team, the merge event will happen in two phases, namely the Bellatrix upgrade followed by the Paris upgrade. The Paris upgrade is the ultimate event that will trigger the fork. However, each of the two upgrades will only happen after specific parameters are met. All public testnets have been successfully updated ahead of the merge slated for September.  The Bellatrix Upgrade  For the merge event to properly execute, it must first be deployed on Ethereums Beacon Chain with the Bellatrix upgrade. The Bellatrix upgrade is expected to occur on the Beacon Chain at epoch 144896 early on September 6.  The Paris Upgrade  Next will be the Paris upgrade, otherwise known as the Terminal

2022-08-25Ethereum

Ethereum Merge Confirmed for September

EthereumNakumpirma ang Ethereum Merge para sa Setyembre08 / 24 / 2022Balita ng Ethereum ng BitcoinKey Takeaways  The Ethereum Foundation has released finalized updates regarding the forthcoming merge to Proof-of-Stake.  The upgrade will consist of two separate upgrades that must be executed in a specific order—Bellatrix and Paris.  The Merge, which has been delayed several times, is said to the “most significant upgrade” in Ethereums history.  Ibahagi ang artikulong ito  The Ethereum Foundation has released new information about the upcoming upgrade to Proof-of-Stake. “The Merge,” as the anticipated event is known, is scheduled for September.  Merge Imminent  The Ethereum Foundation has released updates regarding the path toward the highly-anticipated “Merge” to Proof-of-Stake, indicating that preparations are going smoothly so far.  Ayon sa isang anunsyo on the Ethereum Foundations blog, the transition will require a two-step upgrade. The first upgrade, called Bellatrix, is scheduled for epoch 144896 on the Beacon Chain, expected September 6. This upgrade will execute on the Beacon Chain. After that a second upgrade, called Paris, will be triggered when a specific Total Difficulty threshold is crossed, sometime between September 10 and 20. This second upgrade will be the one merging the two chains. Node operators must update both consensus layer and execution layer clients to successfully

2022-08-25Ethereum

SudoRare Vanishes From the Internet, Taking 519 ETH Worth Almost $1 Million – crypto.news

crypto EthereumNawala ang SudoRare Mula sa Internet, Kumuha ng 519 ETH na Nagkakahalaga ng Halos $1 Milyon – crypto.news08 / 24 / 2022Balita ng Ethereum ng Bitcoin  Automated market maker (AMM) SudoRare has reportedly stolen 519 ETH, worth about $985K at current market prices.  Platform Removes Online Presence  A member of the crypto community going by the name Sungjae_han was the first to report the suspicious transaction that drained significant funds from the AMM protocol.  Following that, blockchain investigator Peckshield iminungkahi the possibility of a small-scale rug pull resulting in the loss of 519 ETH.  SudoRare‘s decision to go offline from the internet, deleting all social media accounts and the main website, sudorare.xyz, only added to PeckShield’s suspicions.  Information provided by PeckShield shows the suspected stolen funds were divided equally and transferred to three separate addresses, each receiving 173 ETH.  Rug Pull Comes in the Wake of Twitter Warnings  SudoRare was a fork of two NFT marketplaces, SudoSwap and LooksRare (LOOKS). SudoSwap is known for its NFT liquidity pools and low gas fees, while LooksRare is popular for its unique system that rewards users for participating in the platform.  The SudoRare protocol provided a yield farm to crypto investors who staked LOOKS, Oxmon (XMON), and wrapped ether (wETH) for

2022-08-25Ethereum

Pudgy Penguins Ethereum NFTs Pump 83% As Meta, Nansen Execs Join Advisory Board

EthereumPudgy Penguins Ethereum NFTs Pump 83% Bilang Meta, Nansen Execs Sumali sa Advisory Board08 / 24 / 2022Balita ng Ethereum ng Bitcoin  The Pudgy Penguins are pumping.  First launched back in June 2021, the Ethereum Mga NFT collection often referred to as the “Pudgys” is starting to see some of its long-term efforts pay off. The minimum purchase price, or floor price, for a Pudgy Penguin PFP NFT has spiked 83% in the past two weeks and 69% over the past month, according to data from NFTPriceFloor.  “We‘ve been working our tail off for the last 6 months and I feel like it’s finally getting noticed,” Luca Netz, Pudgy Penguins CEO, told I-decrypt.  To expand its brand presence, the collection has had plans for physical plush toys and a children‘s book for a while. But the results of Netz’s work are starting to materialize.  “We‘re anouncing our children’s book partnership this week as well as an anouncement regarding our partnership with Non-Fungible Films to help bring Pudgys to life,” he said.  Earlier this month, the NFT collection anounced the specific Penguin PFPs chosen for its line of “Pudgy Toys” at naglunsad ng sarili nitong palengke for Pudgy NFTs.  Introducing our Pudgy Toys Lineup, licensed directly from the

2022-08-25Ethereum

Bugs Discovered In Ethereum Clients’ Mainnet Merge Updates

EthereumMga Bug na Natuklasan Sa Mga Update sa Mainet Merge ng Mga Kliyente ng Ethereum08 / 24 / 2022Balita ng Ethereum ng Bitcoin  Preparation for the final launch of the long-awaited Ethereum upgrade, the Merge, is getting on the higher side. For the past few months, the entire Ethereum ecosystem has been thrown into a state of activeness. There are now last-minute touches made for the Merge launch on September 15.  ETH has been working towards its transition to a Proof-of-Stake blockchain. The move would completely transform the Ethereum mainet to operate with a PoS consensus mechanism that requires staking. Hence, users can conveniently stake their ETH according to the blockchain rules.  Recall that ETH rolled out the Beacon Chain as the engine that powers the network. Through the Beacon Chain, customers have been staking their Ether. But the Ethereum mainet is still runing using the Proof-of-Work mechanism that requires mining for its sustainability.  Ethereum hover below $1,650 on the chart l ETHUSDT sa TradingView.com  Hence, the Merge is the complete process that would merge the mainet and the Beacon Chain for the Ethereum ecosystem.  In a new development, ETH clients released updates that mark part of the last steps for the launch. But theres a

2022-08-24Ethereum

A Small Investment In Uniglo (GLO), Ethereum Classic (ETC) And...

EthereumIsang Maliit na Pamumuhunan Sa Uniglo (GLO), Ethereum Classic (ETC) At…08 / 24 / 2022Balita ng Ethereum ng Bitcoin  While many people make money in crypto because they put a lot of money into the space in the first place, what if you want to start small but hope for bigger gains further down the line? After all, not everyone can afford to put tons of cash into something that‘s still a high-risk investment. One counter-argument to that point could be that nobody ever got rich without a little risk, but it’s also important that people only invest amounts they can afford to lose. And the crypto space is full of stories of people who only invested a small amount and managed to make a lot of money, whether it was BTC back in the early days or SHIB and DOGE more recently. These kind of gains are still possible, despite overall market conditions. You just have to do the right research, listen to the right experts, and make the right choices. And theres one crypto that experts are predicting big things for over the coming months…  Uniglo (GLO)  Uniglo is one of the best new tokens to hit the space. It‘s got

2022-08-24Ethereum

BTC, ETH, XRP, SOL and MATIC Price Analysis for August 23

Bitcoin EthereumPagsusuri ng Presyo ng BTC, ETH, XRP, SOL at MATIC para sa Agosto 2308 / 24 / 2022Balita ng Ethereum ng Bitcoin  The cryptocurrency market is trying to recover after a few days of mahulog.  BTC / USD  The rate of Bitcoin (BTC) has risen by almost 1% over the last day.  On the daily chart, Bitcoin (BTC) has once again bounced off the $21,000 mark, confirming buyers power. If the growth continues until the end of the day, there are chances to see the breakout of the recently formed local resistance level at $21,774.  Ang Bitcoin ay nakikipagkalakalan sa $ 21,496 sa oras ng pagpindot.  ETH / USD  Ethereum (ETH) has followed the growth of Bitcoin (BTC), going up by 4.37% since yesterday.  Ethereum (ETH) has also made a false breakout of the vital mark of $ 1,600. Until the rate is above it, bulls have a chance to seize the initiative for a midterm rise. If that happens, the leading altcoin can test the nearest resistance zone at $1,700 shortly.  Ang Ethereum ay nakikipagkalakalan sa $ 1,647 sa oras ng pagpindot.  XRP / USD  XRP is growing the least today, with a rise of 1.49%.  XRP is trading similar to Bitcoin (BTC) as the coin is accumulating power for

2022-08-24Ethereum

Dogecoin-Ethereum Bridge Likely to go Live This Year 

EthereumDogecoin-Ethereum Bridge Malamang na maging Live Ngayong Taon 08 / 24 / 2022Balita ng Ethereum ng Bitcoin  According to Blue Pepper, the Dogecoin-Ethereum bridge is likely to go live in 2022. To the unfamiliar, Blue pepper is the entity behind the development of the Dogecoin-Ethereum. Using the bi-directional bridge, the users will be able to move DOGE to the Ethereum blockchain (and vice-versa). The meme-coin will be used in decentralized finance protocols, smart contracts and non-fungible token marketplaces.  What would be the main use case of wDoge (Dogecoin on Ethereum)  — Blue Pepper (@BluePepperLabs) Mayo 22, 2022  The genesis members of the decentralized autonomous organization (DAO) who will be governing the protocol are Blue Pepper, MyDoge, BitGo and the Dogecoin Foundation. But Pepper also developed the top problems with the development of a Dogecoin Tulay  The foremost problem in front of developers is how to combat the huge solidity codebase and a massive attack vector that could be utilized for hacking the bridge.  Attackers‘ top target currently are blockchain bridges, which have suffered losses worth billions of dollars in crypto. Earlier this year, North Korean hackers attacked Axie Infinity’s bridge. The bridge lost a massive $625 million. As per Chainalysis, so far in 2022, blockchain bridges

2022-08-24Ethereum

Expert Predicts Another Ethereum Price Drop To This Ahead Of Merge

EthereumInihula ng Eksperto ang Isa pang Pagbaba ng Presyo ng Ethereum Dito Bago Pagsamahin08 / 23 / 2022Balita ng Ethereum ng Bitcoin  As the long awaited Ethereum Merge approaches, the crypto community is closely watching Ethereum price movement. With the recent anouncements from developers, it appears almost certain that the Merge is set for September 15. In the last 45 days, the cryptocurrency witnessed high volatility with huge upward movements and instant corrections. ETH reached a peak of $2,000 recently compared with the lows of $800.  Where Could ETH Price Reach Before The Merge?  This pattern of high volatility is not necessarily a bad thing for Ethereum, according to top traders in the community. Scott Melker, host of The Wolf Of All Streets podcast, said he is extremely bullish on Ethereum in the long term perspective. He added that he would like to take a position in ETH at the $1,200 range. If we see a break below the current level, there could be a drop to the range of $1,284. A price push to $1,690s could induce a drop, he added. However, it is not certain to happen but expected on the lines of previous movements, he said.  “If we get a drop

2022-08-24Ethereum
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