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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
Terra Surpasses Binance Smart Chain as Second-Largest DeFi Protocol
Amidst Terraform Labs' ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), its decentralized payments network Terra has officially become the second-largest DeFi protocol behind Ethereum. “The Hash” team discusses what separates Terra from its competitors like Solana and Avalanche. Plus, examining the SEC’s ability to regulate overseas companies.
Ethereum Launches Kintsugi Public Testnet Ahead of Move to Proof-of-Stake
The move opens access to the new environment to a wider audience; earlier testnets were available only to developers.
Polkadot Parachains Go Live, Capping Yearslong Tech Build for Ambitious Blockchain Project
After several years in development, Polkadot, an underlying framework for connecting various blockchains, now has five live parachains, or “parallelized chains”: Acala, Moonbeam, Parallel Finance, Astar, and Clover. Polkadot will ultimately offer 100 parachain slots. “The Hash” team discusses where this update puts Polkadot in the layer 1 blockchain conversation as it competes with Ethereum.
Another Ethereum Education Initiative Hampered by Iran Sanctions Fears
Gitcoin’s suspension of a grant for a coding course in Farsi follows a similar move by ConsenSys.
Digital Asset Funds Hit by Record $142M of Outflows
Investors pulled money out of funds focused on bitcoin and the currencies of Ethereum, Solana and Polkadot, as crypto markets retreated.
Get Ready for the 2022 Metaverse Real Estate Boom
Today's most popular metaverse projects are built on Ethereum, such as Decentraland, Axie Infinity, and The Sandbox, but will they see more growth elsewhere next year? Irina Karagyaur, head of Metaverse Growth at Unique Network, an NFT platform on the Polkadot chain, shares insights into Ethereum's limitations and where virtual real estate could head in 2022.
ConsenSys Collaborates With Mastercard on New Ethereum Scaling System
Ethereum software firm ConsenSys has launched “ConsenSys Rollups” with the help of Mastercard’s engineering team, enabling expansion on both the Ethereum mainnet and for private use. “The Hash” team discusses the latest move bringing Ethereum to the forefront with large banking corporations and what it means for Mastercard to experiment with scaling solutions.
ConsenSys Collaborates With Mastercard on New Ethereum Scaling System
The software firm said projects built using “Consensys Rollups” can reach a throughput of up to 10,000 transactions per second (TPS) on a private chain.
Ethereum Privacy Startup Aztec Raises $17M in Paradigm-Led Series A
In addition to developer grants, Aztec said it will use the funds to push for legal clarity on private crypto transactions.
Bank of America: Avalanche’s Scaling Capability Offers Viable Alternative to Ethereum
In its latest research report, Bank of America said smart contract platform Avalanche's ability to scale while remaining secure and decentralized makes it a credible alternative to Ethereum for DeFi projects, NFTs, gaming, and other assets. This comes as Avalanche's AVAX token is now the 12th largest by market value. "The Hash" hosts discuss the outlook for Avalanche and whether it could be the next Wall Street chain.