Chainlink switches from Ethereum PoW forks to PoS
After the Merge, the Chainlink (LINK) protocol will no longer support forked versions of the Ethereum (ETH) blockchain, including Proof of Work (PoW) forks but will switch to the Proof of Stake (PoS) versions. The Chainlink protocol has announced that its services would continue to operate on the Ethereum blockchain following the eagerly anticipated Merge. […]
Ethereum founder criticizes transferable govt, community responds
Vitalik Buterin, the Ethereum founder, says backing DAOs with transferrable governance tokens is incongruous and empowers the oligarchs. As decentralized autonomous organizations (DAOs) gain popularity in the blockchain industry, the governance debate becomes increasingly heated. Vitalik Buterin, the Ethereum founder, emphasized the conflict between granting authority to a select few and the option to voluntarily […]
Ethereum Merge sets to go Live in September
The long-awaited Ethereum Merge is scheduled to go live in mid or late September after another series of test launches Ethereum Merge to go live in September The same user had previously predicted that Ethereum would adopt the new update by the end of September. Given the decentralized nature of network upgrades, it contained a […]
ETH Rises 5% After Ethereum’s Sepolia Testnet Merge Success
Following the success of the Sepolia testnet merge, Ethereum had a price increase in the last 24 hours, as it moves closer to the mainnet merge. On July 6, Ethereum developers completed The Merge on the Sepolia testnet, bringing the Ethereum network one step closer to becoming a Proof-of-Stake (PoS) network. The news cheered Ether […]
Ethereum Name Service (ENS) domain registrations surge by over 200%
Following a reduction in gas fees, the number of registrations through the Ethereum Name Service (ENS) reached 126,141 in just one week, indicating a rise in interest in Ethereum domains. Over the weekend, registrations increased by more than 200 percent, going from 11,042 to 29,727, according to Nick Johnson’s data tracker, the ENS Dashboard. This […]