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Ethereum 2.0 was a broad term used to cover several improvements to the Ethereum blockchain, which tackled some of its most pressing technical hurdles. However, it was an informal name, and its community doesn't recognize it as a valid name for the blockchain and network—the Ethereum Foundation prefers to refer to the upgraded blockchain as Ethereum, with the consensus layer called ETH 2 and the execution layer called ETH 1
As we navigate the dynamic and evolving world of digital assets, Ethereum 2.0 emerges as a significant milestone in the blockchain industry. Stepping away from its initial version, Ethereum 1.0, the launch of Ethereum 2.0 acknowledges the scalability issues and prudently addresses them with innovative solutions – the shift to a Proof-of-Stake consensus mechanism and […]
Goldman Sachs is the first major US bank to offer Bitcoin-collateralized cash loans. The financial service provider has already introduced several crypto services in 2022, thereby demonstrating its confidence in the new industry. On April 28, Goldman Sachs announced the launch of its first Bitcoin-collateralized lending offering. This is a significant move by a major US […]
Joe Lubin, Co-Founder of Ethereum and CEO of ConsenSys, is confident that the new, innovative Ethereum version will be launched in the next few months. At the crypto event Camp Ethereal last week, he explained the significant infrastructure changes that are intended to make Ethereum 2.0 more robust and secure Ethereum investors and supporters are […]
The decentralized finance (DeFi) sector took the world by storm in 2020 after its value grew by fourteen times. Its presence in the crypto space continues to be felt as its value continues to skyrocket. According to DefiLlama, a ranking and metrics provider for DeFi protocols, the total value locked (TVL) in this sector stands at $208 billion. Ethereum […]