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.
"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.
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.
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.
Ethereum’s long-awaited transition to a proof-of-stake (PoS) blockchain has a new launch date but the shift may actually create more problems than it solves.
The BoA report recognizes that Ethereum is losing credibility, devs are leaving en masse, and it won't have a future outside of being a hobby blockchain if it doesn't deliver its scaling promises.
Leading Ethereum core developer Tim Beiko posted a response to a miner's question on Twitter last April 13, saying the upgrade date is unknown but definitely not in June.
In this article, Jerry Chan explores each of the three strategies in scaling Ethereum and why none will achieve the intended goal, as none addressed the lack of scalability of the layer 1 blockchain.
TIME magazine's lengthy profile in March of "Vitalik Buterin, the most influential person in crypto" contains many of the myths and tropes such as "decentralization" and energy consumption.
The control of the Bitcoin network is distributed between the developers of the network creating the code and the enforcement through the nodes.
The digital currency community is actively promoting its response to Russia’s invasion of Ukraine, despite suggestions that this response may have been based more on self-interested speculation than on selfless support for a democratic nation struggling to remain independent.