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May changes, will Bitcoin welcome the fish tail market?
BTC has experienced significant fluctuations recently, how will it develop in the future? This is one of the important issues that the market is currently paying attention to. This article explores the May market trend of Bitcoin from the perspectives of halving its cycle, macroeconomic analysis, on chain data, and geopolitical situation
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Destruction of Coin An Coin BNB: A typical empty handed white wolf in the coin circle, playing with users between stock hands
The counterfeit incident of the repurchase of Coin An 888 continues to ferment in the coin circle. Although the veteran driver does not want this matter to be confirmed, after all, the essence of blockchain is open and transparent, and cannot be tampered with
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The price forecast for Coin An Coin is that BNB will rise by 17% within a week - is it time to buy?
For BNB, this is an important week, as it is the cryptocurrency that provides power for the Coin Security smart chain. Due to concerns about the collapse of US banks, asset classes were generally safe haven, and BNB experienced an astonishing rebound after falling to a mid-term two month low of $260 late last week
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The "heavyweight" ETH and stETH have taken off anchor, Ethereum has plummeted, and the second "LUNA" is coming soon?
Nowadays, the cryptocurrency market is in a bear market cycle, and almost all cryptocurrency enthusiasts have suffered a lot in the bear market, from LUNA plummeting to collapse and returning to zero, along with other mainstream currencies and counterfeit currencies in the currency industry. During this period, many positions were gradually sold out, and even some people were disappointed and left the coin circle
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Farewell to the era of "mining", how far is Ethereum from "ETH2.0"?
Ethereum (ETH), a global open source blockchain platform, is an important step towards upgrading!At 14:42 Beijing time on September 15th, the Ethereum execution layer (i.e
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Ethereum Price: Why is the upper limit of ETH lower than $2000 on the chain indicator
Ethereum prices have been in the range of $1800 to $1900 over the past week.The decrease in whale activity and the flat foreign exchange balance indicate a contemplative mood among ETH traders
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Official announcement! Ethereum "merger" started on September 6, and after completion, it will bid farewell to proof-of-work mining
Pengpai News Reporter Wang HuirongThe blockchain network Ethereum behind the world's second largest cryptocurrency, Ethereum (ETH), will officially "merge" on September 6th.On August 24th local time, the Ethereum Foundation posted a blog stating: "After years of hard work, Ethereum's Proof of Rights (PoS) upgrade has finally arrived! The successful upgrade of all public testing networks has been completed, and the merger of Ethereum's main network is already being arrangedThe transition from proof-of-work (PoW) to proof of equity (PoS) of Ethereum main network is called "merger"
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Bitcoin Prices and Ethereum Forecasts: Can BTC and ETH Escape Weekend Depression?
As Bitcoin and Ethereum continue to dominate the cryptocurrency market, traders and investors are closely monitoring their price trends. Over the weekend, Bitcoin and Ethereum have been trading within a narrow range, causing some concerns among traders
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ETH retests this channel as support, will prices fall below after a 9% weekly decline?
After the current overall market adjustment, Ethereum experienced a reversal in the middle of the week. This correction was accompanied by a sharp drop near $1900 and has remained calm since then
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Will blockchain miners lose their jobs after Ethereum completes its "merger" and bid farewell to the era of large-scale mining?
On September 15th at 14:00, the world's second largest blockchain Ethereum "Merge" was completed, and the main network was combined with the PoS consensus layer beacon chain (Beacon chain). Merger has become one of the most important events in the history of encryption by the market. After the completion of the "merger", Ethereum has successfully "merged" from the proof-of-work to the equity certificate. The mechanism after the "merger" will bid farewell to the era of large-scale mining. Reporters from Beijing Youth Daily saw on the blockchain forum that many former blockchain "miners" were lamenting the end of an era. Will blockchain 'miners' who were once popular lose their jobs? What impact will this have on the global mining machinery industry chain?The merger will reduce energy consumption by 99.95%According to OKLink data, Ethereum, the world's most active blockchain network, triggered a merge mechanism at block height 15537393 and produced the first PoS block (height 15537394). Since then, the Ethereum consensus has officially transitioned from PoW to PoS mechanism, completing the "TheMerge" upgrade. This will bring significant changes to the Ethereum network, including a 99.95% reduction in energy consumption and a 90% reduction in ETH issuance. According to CoinMarketCap data, the real-time price of Ethereum is approximately $1590, with a price drop of approximately 1.11% within 24 hours. Afterwards, it regained the $1600 level and had a market value of over $190 billion.Merging new mechanisms to bid farewell to the era of large-scale mining machinery "mining"Ethereum is a public blockchain platform, with its cryptocurrency being Ethereum ETH. Under the traditional "proof-of-work" mechanism, in the past few years, a large number of "mine owners" have purchased high-performance graphics cards to dig ETH mines. For miners, if they mine on the Ethereum main network, after merging, each network will operate entirely based on the PoS proof of rights mechanism. At that time, the traditional proof-of-work mining will no longer be available on the Ethereum network. Ethermine, the world's largest Ethereum ore pool, announced the termination of proof-of-work related services, and will no longer follow the proof-of-work bifurcation.Ethereum originally used the PoW (proof of work) proof-of-work mechanism, and the "miners" of the node competed for the packaging right according to the computing power and obtained the packaging reward. Nowadays, relying on the PoS (proof of stack) equity proof mechanism, Ethereum bid farewell to the era of large-scale mining machines "mining". Holders can "mine" by pledging Ethereum tokens (ETH), with a pledge threshold of 32 ETHs.Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?Will the merger of Ethereum result in a significant unemployment of traditional blockchain miners?MessariThe Merge 190 POW GPU Web3
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Bankless: Ethereum upgrade for one week - withdrawal, verification node, LSD
Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit.Editor: Remember to follow meSource: MarsBitIt has been a week since the end of Ethereum Shanghai upgrade.After this upgrade is completed, the pledgor can withdraw funds, including 32 ETHs pledged and accumulated rewards.In the months before the upgrade, ETH doomsayers depicted terrifying scenarios, predicting that months of full withdrawals and suppressed selling pressure would be released from the beacon chain.The reality is clearly more positive: the scale and composition of queue exits are still encouraging, the number of net validators is increasing, and the development trend of the liquid collateralized derivative (LSD) market is very strong.Exit queueAttempting to remove all 32 pledged ETH users from the beacon chain is called complete exit. Exit must first queue up.Unlike partial withdrawals of cumulative pledge rewards, this type of withdrawal is not automatic and the process is more time-consuming. Under the current network restrictions, queuing to exit can only process a maximum of 1800 full withdrawal requests per day.Exit queue25.2%Kraken(23%)CEXCoinbaseLSD18.3%
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Comparison between ETH and BTC: Why may Ethereum prices face short-term pain?
In the past 24 hours, the price of Etalum, the second largest secretive company, has skyrocketed by 7% as its network has successfully completed the highly anticipated Shanghai hard fork. However, upgrades enable network participants to recover their bet funds