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ETH 2.0 Staking Penalty and Yield Changed To Incentive Participation

November 13, 2020 by Dalmas Ngetich at Ethereum

In a tweet on Nov 11, Vitalik Buterin has said the penalty rate in the early weeks of the Eth2 Beacon Chain mainnet launch is being reduced to between 25 to 33 percent of the Medalla test network level. Additionally, if 524,288 ETH is staked on time, early validators will enjoy a...

Prysmatic Labs Releases the First Ethereum 2.0 Web User Interface

October 12, 2020 by Dalmas Ngetich at Ethereum

Prysmatic Labs, the team behind the Prysm client and the builder of the technical infrastructures in the Ethereum blockchain, has released the first iteration of the Eth2 web user interface on GitHub as per an update on Oct 12. ETH2 User Interface is Out In a notice, Prysmatic Labs is ,...

ETH 2.0 Testnet Spadina Goes Live Amid Minor Technical Glitches

September 30, 2020 by Osato Avan-Nomayo at Ethereum

Spadina, the final testnet step before the fully realized ETH 2.0 mainnet is now live as the second-largest blockchain by market capitalization moves closer to a proof-of-stake (PoS) consensus architecture. ETH 2.0 and other networks pivoting to PoS might make staking to become one of the major activities in the...

This Smart Contract-Based Ethereum Wallet Has Crossed $1 Billion in Holdings

August 25, 2020 by Shaurya Malwa at Ethereum

A smart contract-based Ethereum wallet now boasts more than $1 billion in held assets, reported crypto publication Decrypt on August 24. $1 billion in Holdings Gnosis Safe, a cryptocurrency wallet that leverages the power of smart contacts to hold crypto assets -- just like SiaCoin Wallet - now holds more...

Altseason Narrative Strengthens as Altcoin Market Cap Breaches Multi-Year Resistance Level

August 11, 2020 by Anthonia Isichei at Altcoins

The total altcoin market capitalization has crossed $140 billion, possibly signaling the beginning of a new altseason. Altcoin Market Cap Breaks Resistance According to a tweet by cryptocurrency analyst Rekt Capital on Tuesday (August 11, 2020), the altcoin market has crossed a major resistance level, going above $140 billion for...

EMURGO and Moonstake Partner to Drive Cardano (ADA) Staking Activities in Asia

August 11, 2020 by Dalmas Ngetich at Altcoins

EMURGO, a founding member of the Cardano protocol, is partnering with Moonstake to build synergies that will help drive blockchain staking activities, broaden awareness of Cardano, and accelerate industry adoption of staking within the Cardano ecosystem as per a press release on Aug 11. Moonstake and Emurgo Partnership Moonstake is a...

Cardano: The Shelley Mainnet Is Live, Daedalus Wallet Upgraded

July 30, 2020 by Dalmas Ngetich at Altcoins

An excited Charles Hoskinson has officially confirmed the beginning of the Shelley era. This comes after five years of hard work following the launch of Byron. Shelley marks Cardano’s decentralization. Its launch was a fully managed and meticulously executed hard fork with thorough checks for a smooth, hitch-free transition. And it happened...

Messari - DeFi Can Continue to Grow as ‘Useless’ Top 30 Coins Wither

The Entire DeFi Sector Is Worth Less Than “Top” Cryptocurrencies, but for How Long?

July 29, 2020 by Dalmas Ngetich at Altcoins

DeFi is "forcing" everyone back to farming. With above-average yields, Ryan Watkins, a researcher at Messari, opines that regardless of the recent re-rating and DeFi's total valuation more than tripling in three years, the sub-sector is at nascence. DeFi is at Nascence Despite its Popularity In a tweet shared on...

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