Features TheBitTimes.com

The Ethereum network has made the switch from proof-of-work mining to proof-of-stake mining. The transition was completed successfully on September 15, 2022. Additionally, the blockchain went through some major changes as validators replaced miners. Recently, the much-awaited Shapella upgrade went live, allowing these speakers to withdraw their staked Ethereum 2.0. Additionally, with numerous developments on the Ethereum blockchain, let us learn about ETH a bit more. Ethereum in a nutshell Vitalik Buterin built the decentralized blockchain platform Ethereum in 2015, along with the Ethereum Foundation, to support the development and execution of smart contracts and decentralized applications (dApps). Additionally, it has developed to become one of the biggest and most popular cryptocurrencies in the world. Ethereum is distinguished from Bitcoin by its programmability. Also read: Ben Armstrong Sues Ex-Colleagues Over Alleged Stolen Lamborghini The blockchain has gr...

Vitalik Buterin is a co-founder of Ethereum, the second-largest cryptocurrency by market capitalization. During the recent market downtrend, numerous individuals transferred funds within the cryptocurrency ecosystem. Notably, Buterin moved a substantial amount of Ethereum [ ETH ] recently. On-chain data revealed that Buterin orchestrated a transfer of 600 ETH , which held a value of approximately $1 million. The ETH was moved in a single transaction to the cryptocurrency exchange Coinbase. JUST IN: #Ethereum founder Vitalik Buterin transfers 600 $ ETH ($1,000,000) to Coinbase. — Watcher.Guru (@WatcherGuru) August 21, 2023 Buterin’s move comes amidst a recent market slump The nature of Buterin’s recent transaction is not yet known. Some speculation indicates he could be selling, leading certain people to point out this as the start of a dumping season. Also read: Logan Paul’s CryptoZoo Investors Still Waiting on Refunds 8 Months Lat...

American FinServ multinational corporation Visa recently released a proposal outlining how Ethereum users could set up automatic payments directly from their own, self-custodial wallets. It will be eliminating banks and other centralized entities from the equation. A team of researchers and engineers across Visa is working to evaluate the foundations of various blockchains. The focus areas include security, scalability, interoperability, privacy, and use cases of different protocols. JUST IN: Visa is exploring options to allow automatic payments via #Ethereum wallets without requiring manual transaction signing. — Watcher.Guru (@WatcherGuru) December 20, 2022 Visa’s Head of Central Bank Digital Currencies and Protocols, Catherine Gu, emphasized that the company is focused on growing their “core competencies in Web3 infrastructure layers and blockchain protocols driving crypto development.” Gu added, “If one of the major use cases of bloc...