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Home » ETH attains new record High of 3000USD.

Ethereum News

ETH attains new record High of 3000USD.

Bolaji M
Last updated: May 3, 2021 12:06 pm
By Bolaji M
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ETH continues to set and break its own record with his daily 5% rise every day. As at now, Ethereum (ETH) is as attained the new all time high pf $3164 with a market cap of $340 billion. The world’s second cryptocurrency has crossed the milestone of $3000 for the first time in its history.

In just a week, the coin price faced a tremendous increment of upto 37% to hit the new all time high today. This latest ETH price rally comes as the number of active ETH addresses continues to make a historic rise.

On the other hand, the developers’ network has successfully completed the launch of Ethereum 2.0 Testnet Steklo. This is first evidence Stake (PoS) communication between different Ethereum clients.

Some of the clients involved in the ETH 2.0 are Lighthouse, Teku, Nimbus, and Prysm. Along with it, ETH 1 clients like Besu, Geth, and Netherland also participated.

The Ethereum 2.0 developer Diederik Loerakker said that Steklo testnet is very unstable in Moving Towards User-Centric Testnets. He added the following:

“Testnet is currently very unstable and more of a platform for devs to debug customers today. In the next few weeks, we will run more user-focused testnets when things are stabilized. We have made several progress with testnet configuration and client integration, all of them working on this first devnet,” he said.

This was the first time customers from ETH 1 and ETH 2 communicated. This was a classic example of the merger emulation removing job miners’ proof and improvements to the proof-of-stocking network. The ambitious schedule for the next fusion.

This was the first time customers from ETH 1 and ETH 2 communicated. This was a classic example of the merger emulation removing job miners’ proof and improvements to the proof-of-stocking network. The ambitious date is 1 December for the actual merger.

Changing the remote procedure call would lead to the ‘stakers only’ Ethereum network (RPC). This contributes to maintaining the Ethereum network and its processes intact. Hopefully, we will be looking for more public participation testnets to be published.

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