Kraken Donates $250,000 To Advance Ethereum 2.0 Blockchain Upgrade Efforts
Ethereum 2.0 blockchain upgrade remains one of the most anticipated upgrades in the crypto space. Most of the upgrades required for the complete overhaul have already been performed. Things like the London Hard Fork came with EIP-1559. This upgrade completely changed the monetary policy of the network. Moving ETH towards becoming deflationary in the long-term. […]
Related News
The Ethereum (ETH) blockchain has confirmed that its highly anticipated Fusaka Upgrade is scheduled for launch on December 3, which follows the previous Pectra upgrade, introducing several key improvements for the network. What Ethereum Users Can Look Forward To According to Friday’s official announcement on social media, the Fusaka Upgrade aims to make Ethereum applications […]
The most anticipated upgrade since the inception of Ethereum was carried out on August 5th. The upgrade has already started burning coins. So far hitting over 3 ETH burned per minute in the last 24 hours. Following the upgrade has been Ethereum co-founder saying the upgrade shows the network can make significant changes. The success […]
Kraken has pledged to donate $2 million to two pro-crypto political action committees (PACs) to continue supporting the fight for the “core rights” of individuals and protect privacy and innovation in the US. Related Reading: SEC Eyes More Crypto Clarity: ‘Innovation Exemption’ Could Come By Year-End – Chair Atkins Kraken Commits $2M For Crypto Rights […]
As we have noted here previously, Ethereum will be releasing a comprehensive but not backward compatible upgrade to the blockchain as implemented for Bitcoin. Similar efforts are happening with Counterparty, who intend to provide an upgrade in place. Concealing transactions are a key feature for both of these efforts. One team is skipping ahead with an effort focused on anonymous transactions, and they have just announced a cryptography focused white paper entitled ShadowCash: Zero-knowledge Anonymous Distributed E-Cash via Traceable Ring Signatures (pdf). What Is Shadow Cash? ShadowCash....
Merge is the currently awaited upgrade on the Ethereum blockchain. With the launch of Merge, the network is expected to migrate from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism. This would finally remove the mining process entirely from the Ethereum blockchain. Hence, transaction validation will solely depend on staking after the upgrade on the […]