Ethereum’s merge into a proof-of-stake consensus mechanism is easily one of the most anticipated events in cryptocurrency’s history. After the transition is complete, Ethereum will completely abandon proof-of-stake – which means that the second largest cryptocurrency by market capitalization in the world will forego the need for mining in order in order to run the […]
Tag: ETH
September 15, 2022
September 13, 2022
Miners Plan Ethereum Fork Within 24 hours of The Merge
As Ethereum gets closer to its much-anticipated transition to proof-of-stake consensus, the cryptocurrency’s mining community seems to be ready to move to a fork token where they can continue to mine tokens. As reported on September 4th, the creation of a fork token called ETHPoW (Ethereum proof-of-work) was created in order to accommodate the over […]
September 13, 2022
Norway Using Ethereum To Create New Digital Currency
The release of the open source code for the nation’s central bank digital currency (CBDC) sandbox marks a significant achievement for Norway’s central bank in its efforts to promote the use of digital currencies. According to Norway’s Central Bank, the digital Norwegian Krone is currently being tested as an ERC20 token on Ethereum. The CBDC […]
