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


Markets

Grayscale Ethereum Trust Discount Drops to Lowest in a Year Amid Spot Ether ETF Push

The fund's discount to NAV had ballooned to nearly 60% late in 2022.

Grayscale Ethereum Trust discount and ETH price (CryptoQuant)

Tech

The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted

What is a blockchain “sequencer?” Here’s why you need to know, along with all the latest updates on crypto tech news and fundraising announcements.

(CHUTTERSNAP/Unsplash)

Tech

Ethereum's Vitalik Buterin Argues for Blockchain 'Privacy Pools' to Weed Out Criminals

The paper argues for “privacy pools,” a tech feature that would enhance the privacy of user’s transactions while also separating criminal activity from innocent funds in different sets.

Ethereum co-founder Vitalik Buterin. (CoinDesk)

Tech

‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood

Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere.

Air traffic controller (Beckett P/Unsplash, modified by CoinDesk)

Opinion

Explaining Ethereum's 'Risk Free' Rate of Return

Liquid staking is one of the few crypto markets that has grown in the bear market. Why?

(Sammie Chaffin/Unsplash, modified by CoinDesk)

Tech

‘Ethereum Supreme Court’ Mooted by Blockchain Executive as Alternative to ‘Code Is Law’

A proposal from Matter Labs co-founder Alex Gluchowski would see a “hierarchical system of on-chain courts” arbitrate on-chain disputes.

U.S. Supreme Court (Al Drago/Getty Images)

Tech

The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling

This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.

The silver lining from the Friend.tech episode is that it reveals Ethereum's scaling strategy might be working. (Creative Commons)

Tech

Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal

Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.

Even as ETFs capture attention, Jan van Eck is focused on gas fees. (Creative Commons, modified by CoinDesk.)

Videos

Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December

Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos