Ethereum

Ethereum, a decentralized blockchain platform, has emerged as a prominent player in the world of cryptocurrencies. It is not just a digital currency like Bitcoin but also a platform that enables developers to build and deploy smart contracts and decentralized applications (DApps). Ethereum's underlying technology, powered by its native cryptocurrency Ether [ETH], offers a secure and transparent environment for executing peer-to-peer transactions without the need for intermediaries. With a vast community of developers, businesses, and individuals involved, Ethereum has become a hub for innovation and collaboration in the crypto space. Companies across various industries are exploring the potential of Ethereum's smart contract capabilities to streamline operations, enhance security, and reduce costs. Moreover, Ethereum's open-source nature allows for the creation of new protocols and blockchain networks, fostering interoperability and scalability within the ecosystem. Crypto exchanges play a crucial role in facilitating the trading of Ethereum, providing a platform for individuals and institutions to buy, sell, and store their ETH securely. As the demand for Ethereum continues to grow, so does the number of exchanges offering ETH trading pairs, ensuring liquidity and accessibility for investors.

DISCLOSURE: This text was written with the assistance of AI, then reviewed by a person


Tech

Ethereum Already Showing Signs of Increased Centralization

In hours following the Merge, just two platforms added over 40% of the network's blocks.

In the hours following the Merge, the Ethereum blockchain has become more centralized. (Chengting Xie/unsplash)

Finance

Ethereum Miners Are Quickly Dying Less Than 24 Hours After the Merge

Now-redundant, Ethereum miners are flocking to other proof-of-work tokens after the network switched to a proof-of-stake consensus mechanism and finding slim pickings.

Activist investor reported to have been pushing Riot to move into HPC. (Unsplash, modified by CoinDesk)

Policy

SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report

Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations.

WASHINGTON, DC - SEPTEMBER 14: Gary Gensler, Chair of the U.S. Securities and Exchange Commission,  testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on September 14, 2021 in Washington, DC. (Photo by Evelyn Hockstein-Pool/Getty Images)

Videos

Polkadot Co-Founder ‘Super Happy’ to See Ethereum Transition to Proof-of-Stake

Polkadot Co-Founder Robert Habermeier joins CoinDesk TV to weigh in on Ethereum’s historic upgrade and what it means for the crypto industry as a whole. Plus, Habermeier explains why he views Polkadot as an “ETH collaborator.”

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Videos

Successful Ethereum Merge Opens New Era for the Second-Biggest Blockchain

The massive overhaul of Ethereum, known as the Merge, has finally happened, moving the second-largest cryptocurrency by market value to a vastly more energy-efficient system after years of development and delay. "The Hash" panel discusses their "Merge Day" experience and more details on the upgrade.

Recent Videos

Opinion

Ethereum PoW Is Not an Ethereum Competitor

Will proof-of-work blockchains benefit from the Merge, beyond short-term speculation?

(Sandali Handagama/CoinDesk)

Finance

Vitalik Buterin Says Ethereum Merge Cut Global Energy Usage by 0.2%, One of Biggest Decarbonization Events Ever

Ethereum now spews out less carbon dioxide than a few hundred U.S. households, according to a report.

(Midjourney/CoinDesk)

Tech

Ethereum’s Merge Could Bring a 'Billion Users' to Web3, Polygon Co-Founder Says

Sandeep Nailwal told CoinDesk TV’s “First Mover" that the software update could lead to further upgrades that would increase "scalability" for layer 2 networks.

Sandeep Naliwal, co-founder Polygon (Polygon)

Markets

Lido’s Staked Ether Surges Closest to Ether Since Terra Crash

The stETH derivative and its spread to ETH, a closely followed metric of the confidence in the Merge, sharply narrowed as Ethereum completed its technology transition without a hiccup.

The price of stETH, the largest Ethereum liquid staking derivative, is inching closer towards parity to ETH after the Merge. (Tomas Sobek/ Unsplash)