The late half of 2022 has been marked by a dispute regarding the categorization of cryptocurrencies as whether security or commodity. This debate gained traction after Ethereum’s transition to a “proof-of-stake” consensus mechanism. According to the SEC, the new “staking” consensus opens up talks for classifying the second largest cryptocurrency by market capitalization in the […]
Tag: ETH
October 25, 2022
October 21, 2022
Ethereum Whales Bought $4.55 Billion in Ether Since September
The merge was undoubtedly the biggest moment of the year for cryptocurrency enthusiasts. In September Ethereum, the second-largest cryptocurrency by market capitalization completely changes its network in order to adopt the proof-of-stake consensus mechanism. This means that Ethereum changed the way the blockchain produces new tokens. Previously, Ethereum functioned under a “Proof-of-Work” consensus – which […]
October 19, 2022
Ethereum Co-Founder Compares Today’s Metaverse To The Early Years of The Internet
Ethereum Co-Founder Joe Lubin and current CEO of Consensys – a company that specializes in blockchain technology solutions – is an enthusiast of the capabilities of the Metaverse in the future. In an interview with Decrypt, Lubin talked about how confident he is that Web3 technology will become so advanced that the Metaverse will be […]
