Cryptocurrencies, decentralised finance and blockchain technology—what do these terms really mean? The Economist’s finance correspondents guide us through the key concepts of crypto.
Ethereum 2.0 : The Future of Blockchain & Crypto
Join us as we dive deep into Ethereum 2.0, the next evolution of the Ethereum blockchain. From scalability enhancements to energy efficiency improvements, we explore how Ethereum 2.0 is set to transform the crypto world.
Whether you’re a seasoned crypto investor or new to the blockchain universe, this comprehensive guide is a must-watch.
Why Blockchain, NFTs, And Web3 Have A Sustainability Problem
Blockchain technology has a reputation for consuming an enormous amount of energy. What can be done to address sustainability issues around blockchain, NFTs, and Web3 technologies?
23 Blockchain Predictions for 2023
DARMA Capital co-founder and President Andrew Keys shares 23 blockchain predictions for 2023, including the Federal Reserve turning dovish, crypto contagion continuing to spread, and further developments on the Ethereum network.
Mining Crypto Uses A Massive Amount Of Energy — Why That Could Be Changing
Recently, the world’s second-largest cryptocurrency, ethereum, implemented a major network upgrade that reduced its energy consumption by 99.9%. But though energy usage has been one of the cryptocurrency industry’s biggest targets for critique, it’s not likely that bitcoin will follow suit. Instead, bitcoin miners are touting their use of renewables and their benefit to the electrical grid, as they try to green their image. Here’s how both networks are trying to become more sustainable.
Why Ether’s Value Is Going Down After the ‘Merge’ | Tech News Briefing Podcast | WSJ
The cryptocurrency ether saw its value climb ahead of the highly anticipated software upgrade known as “the merge.” But even though the changeover went smoothly, ether’s price has fallen since then. And that might not be the only challenge for Ethereum, the network behind ether.
Ethereum’s Merge is Complete- Behind the Scenes of a Pivotal Moment in Blockchain | Forbes
Ethereum Core Developer Preston Van Loon shares his experience of working on the blockchain’s long-awaited transition to proof-of-stake, now complete.
At 6:42 A.M. Coordinated Universal Time (2:42 A.M. EDT), the Ethereum blockchain merged with a special-purpose decentralized ledger called the Beacon Chain, concluding its transition to near-carbon neutrality. The shift may not only mute criticism of blockchain energy usage and serve as a boost to the struggling industry, but it could also help take crypto mainstream. Ethereum underpins the vast majority of Web3 applications such as decentralized finance protocols and non-fungible tokens (NFTs), as well as ether, the second-largest cryptocurrency with a $195 billion market value. The token has risen 3% since the Merge was completed but is currently trading at $1,593, down 0.81% over the past 24 hours.
Since its inception, Ethereum has been using the proof-of-work system for verifying transactions. Popularized by bitcoin, proof-of-work relies on operators of powerful computers, known as miners, that validate each new block of transactions added to the chain by solving complex math puzzles and get rewarded for the effort in the blockchain’s cryptocurrency. The approach has drawn widespread criticism from crypto-skeptics and environmentalists because of its immense energy usage—Ethereum’s carbon footprint has been compared to that of Finland.
Starting today, Ethereum will use an alternative mechanism called proof-of-stake. The switch has been part of the project’s roadmap since early days but faced repeated delays as the proof-of-stake technology evolved. Miners are now replaced with validators, who pledge, or stake, ether tokens as collateral to verify transactions and accrue interest on the staked assets as a reward. As a result, the network’s energy usage should drop by more than 99%, according to the Ethereum Foundation.
We’re just scratching the surface of the blockchain, says Pantera’s Morehead
Dan Morehead of Pantera Capital joins the ‘CNBC Special: Crypto Night in America’ to discuss the blockchain and the impact of the ethereum merger.
The Ethereum Merge: Why Crypto World Is So Excited | Tech News Briefing Podcast | WSJ
The crypto platform Ethereum is preparing for a major system overhaul aimed at reducing the amount of electricity the network uses. But the update could lead to other changes to how Ethereum works. WSJ cryptocurrency reporter Paul Vigna joins host Zoe Thomas to discuss why the change is being implemented and what it could mean for the network.
How Writers Can Create an NFT
In this video, you will learn how to create an NFT (non-fungible token) for your writing via https://mirror.xyz/. This is a great way to protect your intellectual property and make sure that only you can use and sell your work.