Vitalik Buterin, along with a few core Ethereum developers, claimed that The Merge will be completed in August this year.
Ethereum is a blockchain-based platform that allows developers to build decentralized applications (dApps) using smart contracts.
These are computer codes that facilitate the exchange of money, property, shares, content, or anything that has value. It’s pre-programmed and predefined, meaning that once the trigger conditions are executed, the result manifests automatically.
Ethereum has a native cryptocurrency, which is called Ether (ETH). ETH is currently the second-largest cryptocurrency by market cap.
The project’s whitepaper was published back in 2013 by Vitalik Buterin, Ethereum’s Co-Founder. In January 2014, Ethereum began the official development of the platform. A few months later, in August, the team managed to raise $18.4 million through a token sale. The ETH token was released during the summer of 2015.
Like Bitcoin, Ethereum was initially developed to work using the Proof-of-Work (PoW) consensus algorithm. However, the team is working to transition to Proof-of-Stake, which is supposed to take place in 2020.
Recent Ethereum News
Bitcoin and Ethereum continue to trade almost in tandem with the largest US stock market indexes.
The renowned accounting firm uses blockchain solutions to make its service network more transparent and traceable.
Ethereum’s co-founder confronts his many contradictory thoughts and values about the future of the network.
Web Infrastructure Cloudflare outlined plans to support Ethereum Gateway for boasting Web3 Applications.
RCD Espanyol teamed up with Crypto Snack to become the first La Liga team, allowing fans to buy tickets in
The Brazilian financial institution XP teamed up with Nasdaq to create a digital asset exchange called XTAGE.
At the same time, the bank's parent company has bought an undisclosed amount of bitcoin, equal to 1% of its
Germany's Finance Ministry said private individuals won't have to pay taxes when selling BTC or ETH if they have held