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Ethereum

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

The Ethereum blockchain is preparing a significant upgrade, called the Ethereum Merge, tentatively scheduled for Sept. 13-16, 2022.

The Merge reflects a shift in Ethereum’s protocol in which the blockchain will move from a “proof-of-work” to “proof-of-stake” system.

Miners validate transactions by solving complex calculations before a new block can be added to the chain. This is the mechanism that Bitcoin ($BTC) runs on.

Miners are replaced by “validators,” who stake the ETH they own to validate new blocks on the chain. Avalanche ($AVAX) and Solana ($SOL) are proof-of-stake.

The Ethereum Foundation reports that moving to a proof-of-stake model will reduce the blockchain’s energy consumption by more than 99%.

Ether ($ETH) is Ethereum’s native crypto asset, while Ethereum is the underlying blockchain. No disruptions to ETH are expected following the Merge.

Unlike Bitcoin, the founder of Ethereum is publicly known. Vitalik Buterin published Ethereum’s introductory paper in 2013 and launched the project in 2015.

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games.

The Ethereum Foundation

*This content is for educational purposes and is not investment advice.

Ethereum (CRYPTO: ETH) creator Vitalik Buterin has once again taken a dig at NFT project Bored Ape Yacht Club (BAYC) and its community of followers. What Happened: Speaking at the Blockchain Futurist Conference in Toronto, Buterin commented on how the current use cases for private keys on a blockchain had seemingly deviated from their intended purpose.

Ethereum Co-Founder Vitalik Buterin: Millions Of People Have Crypto Wallets To Trade Monkey Pictures

The team behind ETHPoW published an open letter in which it claimed its proof-of-work fork of Ethereum was going to be “inevitable.” The post ETHPoW team says its miner-led Ethereum fork is ‘inevitable' appeared first on The Block.

ETHPoW team says its miner-led Ethereum fork is ‘inevitable'

Ethereum (ETH) is trading marginally, heading for a high of $1,888. Buyers have pushed Ether above resistance at $1,700 and $1,785.

Ethereum Trades Marginally as It Targets the $2,200 High

Bitcoin

Cryptocurrency markets consolidated on Friday, as bulls marginally pulled back following strong gains in yesterday's session. Bitcoin fell slightly below $24,000, as prices were once again unable to move past a key ceiling. Ethereum was also lower, however continued to trade close to $1,900.

Bitcoin, Ethereum Technical Analysis: BTC Hovers Below $24,000 on Friday, as Crypto Markets Consolidate

One cryptocurrency exchange's former CEO expects the second-largest asset by market cap to rally once it completes a network upgrade.

Ethereum Set To Explode After Major Update, According to BitMEX Founder Arthur Hayes – Here's Why

Get your diaries out — the date of the Ethereum merge has been revealed.

Podcast: Ethereum's Journey is Only Just Beginning

Ethereum's co-founder Vitalik Buterin has also estimated that the network will be just 55% complete after the merge, so you could argue this is only the beginning.

Date of Ethereum Merge Revealed

Ethereum's co-founder says some transactions cost more than daily incomes in some countries — and believes Proof-of-Stake will play an instrumental role in making blockchains affordable.

Vitalik Reveals Vision for Ethereum's Future — and Warns Blockchains Must Become Cheaper for Users

Bitcoin (CRYPTO: BTC), the world's oldest cryptocurrency, moved lower, falling below the $24,000 mark on Friday. The second-most valued cryptocurrency, Ethereum (CRYPTO: ETH), meanwhile, rose slightly as Ethereum developer Angsar Dietrichs said that the ETH developers had decided to bring forward the scheduled date of the merge from Sept.

Bitcoin Drops Below $24,000 But Ethereum Edges Higher; Here Are The Top Crypto Movers For Friday

The highly-anticipated Merge event on the Ethereum (CRYPTO: ETH) blockchain has been moved ahead by four days. What Happened: Ethereum developer Angsar Dietrichs announced that the ETH developers had decided to bring forward the scheduled date of the merge from Sept.

Ethereum Merge Date Gets Moved Up By 4 Days: Why The Change Is Significant

The native token of the Ankr (CRYPTO: ANKR) blockchain rallied 50% to a three-month high on Thursday. What Happened: ANKR surged from $0.03 to an intra-day high of $0.056 over 24 hours, as per data from Benzinga Pro.

As Bitcoin, Ethereum Mute Again — Altcoin Rallies 50% On News Of Binance Investment

Dogecoin

The rally in major coins simmered down Thursday evening as the global cryptocurrency market cap rose marginally by 0.3% to $1.1 trillion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 0.1% 5.8% $23,962.22 Ethereum (CRYPTO: ETH) 1.65% 16.95% $1,881.43 Dogecoin (CRYPTO: DOGE) -0.3% 5% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price ANKR (ANKR) +48.8% $0.05 Ethereum Classic (ETC) +9.3% $42.3 Ravencoin (RVN) +8.7% ​​$13.5 See Also: Best Crypto Debit Cards Why It Matters: The rise seen in Bitcoin and Ethereum prices, stemmed by lower July inflation numbers, moderated at press time.

Bitcoin, Ethereum, Dogecoin Rally Mutes — Prominent Trader Sees Big Upside In Coming Month With ETH Reaching For $2,500

As tensions with China heat up, Taipei officials leverage decentralized publishing and storage to stay online.

Taiwan Turns to Ethereum IPFS Tech to Thwart Chinese Cyberattacks

The initiative aims to research and develop adaptive regulation for the crypto ecosystem, the government said.

Buenos Aires City to Deploy Ethereum Validator Nodes in 2023

ETH has been accelerating on higher than average trading volume.

Market Wrap: Bitcoin Price Rises but Ether Outpaces as Merge Nears

Following the successful implementation of The Merge into Ethereum's Goerli testnet, Ethereum developers confirmed during a Consensus Layer Call livestream that the highly anticipated proof-of-stake (PoS) upgrade is coming this next month on or around September 15th to the 16th.

ETH PoS Upgrade to Transition on September 15 to 16 — Ethereum Devs Reveal ‘Tentative Mainnet TTD' for The Merge

The merge is now expected to take place on September 15 or 16, according to a call today among Ethereum developers.

Ethereum Merge May Be Coming Sooner Than Expected

What happened: On Wednesday a total of 2,397.18 Ether (CRYPTO: ETH) worth $4,551,349, based on the current value of Ethereum at time of publication ($1,898.63), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

2,397 ETH Worth $4M Was Just Burned

The Merge has successfully been implemented into Ethereum's third and final testnet, Goerli, after previously adding Merge support to the testnets Sepolia and Ropsten. The Merge was added to Goerli at approximately 9:45 p.m. (EST) on Wednesday, transitioning to a full proof-of-stake (PoS) network.

Ethereum's Goerli Testnet Implements The Merge, ETH Price Jumps 74% Higher During the Past 30 Days

The co-founder of Ethereum spoke as ETH, the network's native coin, reached the highest levels since June as the Merge passed a test.

‘Hey, Look, It's a Monkey!': Ethereum's Vitalik Buterin Pokes Fun at Ape NFTs, Expresses Optimism About the Merge

Ethereum developers discussed some potential dates in September for the Merge. Also: the Goerli testnet merge post-mortem.

Ethereum's Merge Now Has Tentative Dates

The Ethereum Foundation has suggested possible dates for The Merge, one of the most anticipated events in crypto's history. The post Ethereum Foundation suggests tentative dates for The Merge appeared first on The Block.

Ethereum Foundation suggests tentative dates for The Merge

The second largest cryptocurrency by market cap, Ethereum (CRYPTO: ETH), breached $1,900 Thursday as its last remaining testnet before the Merge went live. What Happened: ETH surged 9% to a two-month high of $1,927, according to  Benzinga Pro data.

Ethereum Hits $1,900 As Final Merge Testnet Goes Live

The latest price moves in crypto markets in context for Aug. 11, 2022.

First Mover Americas: Ether Leads Crypto Markets Higher After Final Merge Test Goes Live

Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday's U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000.

News for Ethereum Crypto (ETH)