Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Hard Fork
Cardano Vasil Hard Fork Pushed Back by Some Weeks
Citing plans for a hitch-free launch, the Cardano team shared news of yet another delay to the long-anticipated Cardano Vasil hard fork via a Youtube video yesterday. Not the First Delay The upcoming hard fork is the most significant update to the network users have seen since September 2021’s Alonzo hard fork. Input Output Global, the Cardano network’s research and development organization has tagged the Vasil hard fork a “game changer.” Reportedly, the upgrade will take Cardano’s speed and scalability…
3 years ago
SegWit2x – What is It and How Does It Work?
SegWit2x (“B2X” or “S2X”) was a failed, controversial Bitcoin hard fork effort aimed at doubling the block size limit. Some people in the BTC community went as far as to label this proposal as a “Corporate Takeover.” Over 80% of miners supported SegWit2x, but the community could not agree on the upgrade. Nevertheless, we can all learn several things from this story, as we will explain in the article. The difference between a “Soft Fork” and a “Hard Fork.” Before…
3 years ago
Monero Developers release new Hard fork update to Reduce Transaction Size
Monero developers have launched a new hard fork update on the blockchain network that would improve transaction size. Work had begun on the hard fork update earlier in September before its deployment on October 17. New features added to Monero blockchain Monero blockchain will benefit immensely with the new, improved features added to the hard fork. It features a new version of its node software named ‘’Oxygen Orion. The major highlight of the update is the compact linkable spontaneous anonymous…
5 years ago
Steem Hardfork: 65 Accounts to Lose 5 Million, Crying Foul of a “Hostile Takeover”
65 Steemit Users to lose approximately $5 million in scheduled Steem Hardfork Hardfork scheduled for May 20, 2020, to cut out malicious hackers and move on Affected members file lawsuit against hardfork Sixty-five Steemit users stand to lose their STEEM investment amounting to 5 Million, after the Steem Hardfork is carried out on May 20, 2020. This is following allegations of intentional sabotage during and after the recent HIVE hardfork that resulted in Hive Blockchain. The affected users have come…
5 years ago
Steem Developers and Community Collaborate in Launching Hive Blockchain
On March 18, 2020, Steem developers and community announced the launching of Hive a DPOS governance blockchain. The Blockchain is a hard fork from Steen's source code. According to the announcement, the launch is scheduled for March 20. At the same time, Binance affirmed its support for the project in a Match 18 Blogspot. Hive's developer team consists of over thirty developers, end-users, and business people. They are brought together by the drive to renew Steem's codebase and expand Hive Blockchain's…
5 years ago
Ethereum Classic Exposes The EAgharta Scam
Following the completion of the Ethereum Classic (ETC) hard fork, a scam exploiting users recently got revealed. The ETC development organization addressed the fraud while cautioning people. On the 13th of January, the ETC cooperative tweeted, exposing an alleged scam claiming to be “EAgharta.” The Agharta fork went live on the 12th of January and improved interoperability with protocol changes introduced to its blockchain through its Constantinople and St Petersburg upgrade in 2019. The scammers behind EAgharta, are trying to…
5 years ago
ETC Agharta Upgrade Goes Live on Mainnet
On the 12th of January 2020, the Agharta upgrade of the Ethereum Classic took place on the mainnet. It occurred in block 9 573 000. There was also successful implementation of its networks, which include Morden, Morder, and Kotti. Likewise, the upgrade achieved the addition of Ethereum Constantinople Opcodes of Ethereum Classic, ETC mainnet. The upgrade’s objective was to make some changes in Constantinople bitwise shifting instructions, Constantinople skinny CREATOR opcode, and Onstantinople EXTCODEHASH. Additionally, the upgrade focused on increasing…
5 years ago
The Forthcoming Launch of Agharta Hard Fork
An Ethereum Classic Network hard fork, known as Agharta, is forthcoming. This hard fork will consist of Ethereum Constantinople fork features. Similarly, the hard fork intends to achieve complete compatibility between ETC and ETH. As per the 26th of December press release, ETC labs confirmed its agenda to achieve complete compatibility. According to Terry Culver, Ethereum Classic Labs is one of the first incubators to support innovative projects on the Ethereum Classic Blockchain. The compatibility between the ETC network and…
5 years ago