Ethereum 2.0

TRON Founder and CEO Justin Sun recently set Twitter on fire with the TRON 4.0 launch announcement.  Founded in 2017, TRON is mainly designed to exploit blockchain technology and the Peer-to-Peer network to erase the need for middlemen in its ecosystem. Fuelled by the ambition to create a fully decentralized blockchain, the platform has partnered with various firms and attracted many developers and users.  Sun's latest tweet about TRON 4.0 triggered new excitement among blockchain users and fans. But what…

Bitcoin halving has been successfully completed after being heavily publicized and the emergence of several speculations regarding its possible influence on accumulation. Accumulation rates of cryptocurrencies have been rising for some time now, even following the event that reduced Bitcoin supply. The top holder model of Santifeed monitored the largest addresses for each ERC-20 token and it was realized that they were either hodling or accumulating greater total supplies over time. That is, the result shows that the majority of the…

Ethereum, the second-biggest blockchain platform after Bitcoin by market cap, is amid enormous changes which, over the next few years, should make it scalable and capable of supporting many more users. Ethereum 2.0 is an upgrade to the current ETH1 network- and is also referred to as "Serenity." At the end of it all, Ethereum will become much faster and less susceptible to attacks on the network. In many ways, Ethereum 2.0 is the combined effort of thousands of developers…

Despite being around for a long time now, numerous individuals still consider cryptocurrencies to be undergoing experimentation. However, Bitcoin has been able to gain some form of importance in the financial domain. This is such that governments and central banks worldwide are planning towards the regulation and introduction of their own digital currencies. We have numerous cryptocurrencies in the market but Bitcoin remains the leader despite its remarkable shortcomings. At press time, the dominance of Bitcoin was 62.97 percent, while its…

Major corporations globally use smart contracts running on the Ethereum blockchain. That implies that the second largest cryptocurrency is performing as intended. However, the blockchain is experiencing some challenges requiring urgent redress. The Ethereum blockchain is experiencing an imbalance regarding its decentralization, security, and scalability. Vitalik Buterin calls this  “trilemma of blockchain.” In this situation, the attains a maximum of two out of the three features. All blockchains struggle to achieve all of the three. Plans are afoot to update …

Developers of Ethereum 2.0 remain optimistic about its deployment this year. Although initially scheduled to launch in the first quarter it had been postponed.  The team undertaking the upgrade held a Reddit AMA event on Feb 5 to clarify certain things. They affirmed that the launch would proceed after three clients successfully run their testnets continuously for a minimum of two months. The protocol's researchers Danny Ryan, Justin Drake, and Vitalik Buterin participated in the AMA. Drake stated that he…