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…
Vitalik Buterin
Block.one: The Leader in High-performance Blockchain Solutions
Block.one is the software publishing company behind the creation of EOS, and EOS VC, a venture capital firm focused on contributing early-stage capital to future blockchain tech development. The startup maintains that its two primary products are the VC arm and cryptocurrency but specifies that it is working to provide the most powerful infrastructure for decentralized applications available. The block.one team provides “end-to-end solutions” to bring corporations, investors, and institutions onto the blockchain via various services. Here is a beginner’s guide…
5 years ago
Vitalik Buterin Disputes Notion That Lending Will Overthrow PoS
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 …
5 years ago
Ethereum 2.0 Beacon Chain Prepares for July 2020 Launch
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…
5 years ago
Tension as Vitalik Buterin Plans a Massive Ethereum Sale
On the 25th of December, crypto market participants focused on Vitalik Buterin to fear his plans to sell Ethereum worth 25 million USD. As per Etherscan on the 25th of December, an aggregate of 92k of Ethereum, currently equivalent to 11.5 million USD, moved from one wallet to the United States exchange Kraken. ViewBase tweeted about the wallet containing more than 300k ETH before the transaction. Similarly, the same wallet received the majority of its content from Buterin for many…
5 years ago