As we head closer to Ethereum’s merge, one of the most anticipated events of the crypto world, major players in the ecosystem need to determine if they will support a potential fork of Ethereum. OpenSea, the largest platform for non-fungible tokens (NFTs), has declared that it would only support Ethereum’s Proof of stake (PoS) methodology. […]
Tag: ETH
Likely Ethereum Fork PoW Token Expects to Trade at 1.5% of Ether’s Price
The highly anticipated Ethereum merge is shaking up the cryptocurrency world. After the world’s second-largest cryptocurrency by market capitalization transitions from PoW (proof-of-work) to PoS (proof-of-stake), an entire community of Ethereum’s community will become obsolete. Given that after the merge, Ethereum will no longer need any mining in order to build new currency, the Ethereum […]
OpenSea Adds Polygon Support to Expand NFT Platform
The layer 2 scaling solution Polygon has been included in the Seaport protocol implementation by OpenSea. OpenSea is the world’s first and largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs). “Starting today, we will begin using Seaport for all new listings and offers on Polygon!” OpenSea’s official Twitter account wrote on social media. […]