Enthusiasts hope a greener ethereum will spark wider acceptance INA FASSBENDER … Source link

Ethereum’s biggest-ever upgrade just took effect, in what industry experts are calling a game changer for the entire crypto sector. Thus far, all signs suggest the so-called merge — which is designed to cut the cryptocurrency’s energy consumption by more than 99% — was a success. The very first proof-of-stake block of transactions has finalized with a nearly 100% client participation rate. This was, by far, the best-case scenario. The overhaul to the ethereum network fundamentally alters… Source link

Edgington, who began his career researching climate science before eventually landing in crypto, understood where his daughter was coming from. “Rightly or wrongly, she’d absorbed a very toxic environmental narrative,” he said. “I mean, it’s kind of hard to defend ‘stickers for grownups’ that emit, by some estimates, a megaton of [carbon dioxide] a week.” Source link

Something called “the Merge” is happening this week, and it might be the most important thing to happen to the idea of decentralized currencies since the advent of Bitcoin. If all goes as smoothly as planned, the long-delayed Merge will commence at 1 a.m. Thursday morning and take just 12 minutes to complete. Advertisement Advertisement Advertisement Advertisement With the “Merge,” the Ethereum blockchain network is… Source link

Litecoin (LTC) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Wednesday, the Digital Money has gained 1.46% to $59.98. InvestorsObserver is giving Litecoin a 26 Volatility Rank. Find out what this means to you and get the rest of the rankings on Litecoin! Moderately Volatile InvestorsObserver gives Litecoin a moderate volatility rank of 26, placing it in the bottom 26% of… Source link

alexsl/iStock via Getty Images When I last covered Bitcoin (BTC-USD) in early July, I made the argument that bearish Bitcoin had become a one-sided trade. While Bitcoin is lower now than it was at the time of that article, bulls did get a relief rally that took the coin from $21k at time of writing to $25k within a few weeks. Sentiment is once again bearish, this time though I don’t see the same contrarian opportunity. This article will instead focus on the technical drawbacks of Bitcoin,… Source link

The Ethereum blockchain, the largest behind bitcoin, is about to undergo the beginnings of a major upgrade. Dubbed the “merge,” Ethereum is switching to a more energy-efficient method of validating transactions that take place on the platform, known as proof of stake. The upgrade is similar to how the transition away from using dial-up modems to fiberoptics enabled the internet to be used for a wider variety of things, such as video, online storage and music streaming, Greg King, founder and… Source link

“Bitcoin’s simplicity is maybe its biggest drawback because it can’t be programmed to do lots of different things, but it’s also the greatest asset, in my opinion,” Tapscott told CoinDesk in a video interview. “I think as a simple, immutable, highly-secure, store of value that is completely decentralized and almost impossible to capture by any single force, whether it’s a government or company.” Source link

It’s time for the “merge.” The years-in-the-making, systemwide upgrade to the ethereum blockchain is set to roll out on Wednesday, marking one of the crypto sector’s most historic events to date. Leading up to the overhaul, investors have been jumping into ether, the native token to ethereum. In the past three months, ether has jumped 32%, dramatically outperforming bitcoin, which has dropped 9%. While analysts say that anticipation around the merge has helped pump up the price, some experts… Source link

Litecoin price sustains its uptrend within a parallel ascending channel. The Ethereum Merge is just 15 hours away while bleeding continues across the crypto space. Litecoin sits on top of robust support at around $57.47 – confirmed by IntoTheBlock’s IOPMAP on-chain model. Litecoin price is flirting with $60.00 after holding support around the same zone. The token continues to form a higher high and low pattern despite the many price corrections since its… Source link