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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
Ethereum Merge Pushed Back: What to Expect
Galaxy Digital’s Christine Kim discusses Ethereum’s highly anticipated merge to proof-of-stake following a statement from core developer Tim Beiko that it will not be delivered in June. Kim explains the complexity of this shift, how it will reduce Ethereum’s energy consumption and the impact it could have on investors and traders.
Ethereum Merge Won’t Happen in June
Ethereum core developer Tim Beiko recently confirmed via Twitter that the protocol's highly anticipated merge to proof-of-stake consensus mechanism will not happen in June and could be pushed back until the fall. “The Hash” group discusses the complexity of Ethereum’s transition away from proof-of-work, with co-host Will Foxley describing it as “swapping airplane engines while you’re in flight.”
Will Banks Adapt to a DeFi Future?
CoinDesk Contributor and Ernst & Young Principal Global Innovation leader Paul Brody discusses the future of the banking industry as decentralized finance (DeFi) continues to grow, drawing on historical comparisons such as how telephone companies adapted to the rise of smartphones and apps. Plus, a conversation about the highly anticipated Ethereum merge to proof-of-stake.
Insights on Virgil Griffith's 5+ Year Prison Sentence for Crypto Talk in North Korea
"Once a Bitcoin Miner" author Ethan Lou discusses former Ethereum developer Virgil Griffith’s 5+ year prison sentence for conspiracy to violate international sanctions. Lou provides firsthand insights from the trip he and Griffith took together to the Democratic People’s Republic of North Korea. Lou discusses the details of Griffith’s crypto presentation in North Korea, his opinion on the court’s decision, and the role of digital assets in the Hermit Kingdom.
Virgil Griffith Jailed; Indian Exchanges Disable UPI
Former Ethereum developer Virgil Griffith gets 63 months in prison. Coinbase snafu sets cat among the crypto pigeons in India. Huawei becomes latest of China’s tech giants to issue NFTs. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Ethereum Merge No Longer Expected in June
According to Ethereum core developer Tim Beiko, the network’s much-anticipated shift to proof-of-stake might not come until the fall.
How to Check Your Ethereum Transaction
Using Ethereum-based tools like Etherscan, it’s possible to see balances, check transactions and view wallet addresses with ease.
Reminder: The Merge Won’t Solve Ethereum’s Scaling Woes by Itself
Ethereum’s transition to proof-of-stake might finally be around the corner, but true scale won’t come from a single upgrade.
Former Ethereum Developer Virgil Griffith Sentenced to 5+ Years in Prison for North Korea Trip
CoinDesk U.S. Regulatory Reporter Cheyenne Ligon discusses the sentencing of former Ethereum developer Virgil Griffith, who will be serving over five years in prison for breaking international sanctions during his 2019 trip to Pyongyang. Ligon discusses her take on the purpose of Griffith’s trip to North Korea, his role in the Ethereum Foundation, and the atmosphere in the courtroom.