Proof-of-stake is proof of misunderstanding
If proof-of-work distributes objective consensus to miners outside of the network, proof-of-stake consolidates power to a subjective, in-network minority.
Latest Ethereum News
Ethereum’s Merge is another epic fail
The Merge was completed on September 15, and ETH reached a recent high of $1,638.56 that day. Since then, it has tanked to $1,340 at the time of writing.
Ethereum makes the final plunge to proof of stake
"The Merge" not only pumped the price of ETH tokens, as opposed to what was promised, but its switch to a PoS model created a slew of issues, including turning the network into a permissioned ledger.
US agencies answer Biden’s call for digital currency regulations
Neither the DCCPA nor its rival, the Responsible Financial Innovation Act, are expected to receive Senate floor votes before Congress adjourns for the mid-term election cycle.
Is ETH a security? If it wasn’t before, it is now
Ethereum is both a security and tyranny, as staking coins via a third party remains, and the wealthiest holders combining forces to ensure total domination of the system, the article argues.
Post-Merge, Gary Gensler again hints that ETH is a security
Gary Gensler likened Ethereum's 'The Merge' to lenders, indicating that it is more of a security than a commodity, a stark contrast to BSV, which managed to retain the original Bitcoin protocol.
Ethereum finally does ‘The Merge,’ staking its future on new algorithm
The event was billed as the largest and most complicated open-source software transition in history, but the live network faces an uncertain future after it switched over to a new processing algorithm and economic incentive model today.
Publishing Tornado Cash code does not violate sanctions: US Treasury
The U.S. Department of Treasury has clarified that visiting the Tornado Cash website, copying its open source code, or making it available online or in print would not violate sanctions.
Proof of Centralization: Ethereum’s rich-get-richer Merge countdown
The ‘Merge,’ aka Ethereum’s shift from a PoW to a PoS consensus mechanism, is set to take place this week, and the ‘crypto’ world is watching to see if this will boost ETH or spectacularly flame out.
Coinbase funding Tornado Cash users’ lawsuit against US Treasury Department
Coinbase's Chief Legal Officer Paul Grewal said the sanctions "set a dangerous precedent" and claims it will have a chilling effect on software development.
Grab your popcorn, Ethereum is about to do ‘The Merge’
Ethereum's scalability efforts hang in the balance as the countdown begins for 'The Merge,' while observers worry that the network upgrade will face hurdles on censorship and centralization.
BSV blockchain tops 35 million transactions in a day, fees still $0.0001
BSV's transaction volume peaked at over 33.5 million transactions in a 24-hour period this week. And at the time of writing, the average transaction fee is around 0.000003 BSV, or US$0.00015.