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Ethereum Completes Dencun Network Upgrade on Goerli Testnet
17.1.2024
Ethereum has successfully implemented the Dencun network upgrad on the Goerli testnet. On Jan. 17, Ethereum’s developers have deployed the previously announced Dencun upgrade, succeeding the Shapella upgrade (also known as the Shanghai upgrade) in 2023. The Dencun upgrade prominently features...
EIP-7514: Transforming Ethereum Staking; Arbitrum & InQubeta Outlook Brightens
14.1.2024
Ethereum (ETH) has been in the spotlight due to its new staking upgrade. The EIP-7514 or ‘Dencun’ upgrade seeks to implement a Max Epoch Churn Limit and control the growth of staked tokens on the blockchain. The upgrade is set to usher in new functionalities by transforming staking,...
What Is EIP-4844? A Look at Proto-Danksharding and Its Effect On Rollup Fees
4.9.2023
Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implementation aims to reduce the transaction fees...
Ethereum’s Fiery Path: $6.6 Billion Ether Burned Since the London Hard Fork
16.7.2023
Drawing upon recent data, the Ethereum network has incinerated close to 3.46 million ether, translating to a staggering $6.68 billion in value burned since the London hard fork’s implementation on August 5, 2023. Taking into account the 710-day period that followed, the Ethereum network...
‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork
29.3.2023
Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12
Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12
16.3.2023
During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This...
Breaking: Shanghai upgrade executed on testnet but not without issues
14.3.2023
Ethereum validators are now one step away from being able to unstake their Ether from the Beacon Chain
Ethereum’s Transition to Proof-of-Stake Yields Deflationary Results
20.2.2023
After the transition from proof-of-work (PoW) to proof-of-stake (PoS), Ethereum’s annual issuance rate has been reduced to negative 0.057%, according to statistics 158 days after The Merge. The metrics indicate that more ethereum tokens have been removed than issued, and if the chain were...
Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
13.2.2023
Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP
Optimism Plans to Enhance L2 Scaling Network With ‘Bedrock’ Upgrade in March
2.2.2023
The Ethereum scaling network Optimism, which operates as a layer two (L2) network, announced plans to upgrade its network in March. The upgrade, named “Bedrock,” aims to increase transfer speed, lower fees, and enhance compatibility with the Ethereum Virtual Machine (EVM). The Optimism...
Crypto Lender Nexo to Pay $45M, Cease Offering EIP in Settlement With SEC
19.1.2023
Nexo began offering its Earn Interest Product to U.S. customers in June 2020
EIP – 5988: A new proposal to develop interoperability between EVM & ZK powered rollups
10.1.2023
Abdelhamid Bakhta, one of the authors of Proposal 5988, presented the proposal during the All Core Devs, a bi-weekly meeting for leading developers to discuss the future of upgrades. The proposal aims to enhance interoperability between EVM and ZK-powered rollups while lowering the cost that...
Ethereum’s Shanghai Hard Fork Could Happen in March 2023, ETH Dev Says Staking Withdrawals Is the ‘Highest Priority’
9.12.2022
According to a recent Ethereum Core development meeting on Dec. 8, developers disclosed that the next Ethereum hard fork, called Shanghai, could be implemented by March 2023. It’s been suggested that the Shanghai hard fork will be able to manage the network’s staked ethereum...
What's in and what's out for Ethereum's Shanghai upgrade
9.12.2022
A tentative timeline of March 2023 has been set for the Shanghai upgrade which will enable staking withdrawals, a list of EIPs have also been packaged in but EIP-4844 didn't make the cut
Ethereum developers target March 2023 for Shanghai hard fork
8.12.2022
Users will be able to withdrew their staked Ether and applicable rewards after the upgrade goes live
Bitdao Reveals Modular Ethereum L2 Called Mantle, Public Testnet to Launch in 2023
1.12.2022
On Wednesday, one of the world’s largest decentralized autonomous organizations, Bitdao, announced the soft launch of a modular Ethereum layer two (L2) network called Mantle that claims to bolster lower fees and fast transactions. According to the Bitdao team, Mantle’s public testnet...
Ethereum Shanghai upgrade: EIP-3651 to cut gas fees for key network participants
8.11.2022
Traders using builders to execute their complex trades could save a significant chunk of their gas fees as they no longer have to pay for failed transactions
‘Ultra Sound Money’ — Post-Merge Stats Show Ethereum’s Issuance Rate Plunged After PoS Transition
19.9.2022
Months before Ethereum transitioned from proof-of-work (PoW) to proof-of-stake (PoS), a simulation of The Merge had shown the network’s issuance rate would drop following the ruleset change. Statistics now show that the simulation’s predictions have come to fruition as...
Ethereum Devs Delay Difficulty Bomb — ETH 2.0 Contract Surpasses 13 Million Ether Deposits
9.7.2022
On June 30, Ethereum developers delayed the network’s difficulty bomb via the Gray Glacier update, which means The Merge won’t happen at least until September 2022. Meanwhile, there’s now more than 13 million ethereum locked into the Beacon Chain worth $15.8 billion using...
Ethereum Has Destroyed $8.10 Billion in Ether, ETH Scarcity to Increase After The Merge
21.5.2022
According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million...