CRYPTO NEWS - Ethereum Follows Bitcoin | Crypto Market in Red Zone
CRYPTO NEWS - Ethereum Follows Bitcoin | Crypto Market in Red Zone
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
08:17 Ethereum Technical Analysys
A few months ago, the developers of Etherium asked users to upgrade their nodes - network nodes that run network software and primarily store a copy of the cryptocurrency's full blockchain. Upgrading most of the nodes was traditionally a prerequisite before integrating the London hardfork. Now, programmers have once again announced the need for an upgrade - this time to delay the so-called complexity bomb, a mechanism that increases the complexity of Ether mining to incentivize the ecosystem to switch to the Proof-of-Stake algorithm.
According to The Block, the cumulative amount of Ether destroyed reached $4.44 billion yesterday. That's exactly the equivalent of ETH out of circulation for good.
Thus, the remaining coins in circulation have become more valuable. However, users of the network still face the problem of high commissions. For example, right now you'll have to pay about $6.9 to send ETH. Well, it costs $21 to transfer ERC20-token.
#crypto #bitcoin #ethereum
00:05 Intro
01:48 Crypto News
04:17 Bitcoin News
05:32 Ethereum News
06:15 Bitcoin Technical Analysys
08:17 Ethereum Technical Analysys
A few months ago, the developers of Etherium asked users to upgrade their nodes - network nodes that run network software and primarily store a copy of the cryptocurrency's full blockchain. Upgrading most of the nodes was traditionally a prerequisite before integrating the London hardfork. Now, programmers have once again announced the need for an upgrade - this time to delay the so-called complexity bomb, a mechanism that increases the complexity of Ether mining to incentivize the ecosystem to switch to the Proof-of-Stake algorithm.
According to The Block, the cumulative amount of Ether destroyed reached $4.44 billion yesterday. That's exactly the equivalent of ETH out of circulation for good.
Thus, the remaining coins in circulation have become more valuable. However, users of the network still face the problem of high commissions. For example, right now you'll have to pay about $6.9 to send ETH. Well, it costs $21 to transfer ERC20-token.
#crypto #bitcoin #ethereum
