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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
Optimism Says Ether Now Treated as Native Cryptocurrency Alongside OP Token
Representatives of the layer-2 network atop Ethereum confirmed the change in the treatment of ETH after CoinDesk observed a $550 million transfer in blockchain data. The change occurred in conjunction with Optimism's “Bedrock” upgrade this week.
Kraken NFT Marketplace Launches With Support for Ethereum, Solana and Polygon Collections
Now out of its public beta test, the platform has expanded to include over 250 NFT collections.
Active Addresses on Blockchain Hit All-Time High: A16z Data
According to a16z crypto's State of Crypto Index, active addresses across various blockchains hit an all-time high for the second month in a row in May. The venture fund notes 19.47 million active addresses across blockchains including Ethereum, Polygon, Solana, Optimism, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ethereum Developers Cement Final Lineup of Changes in ‘Dencun’ Upgrade
Proto-danksharding is at the heart of the package, with other improvements for storage on-chain, as well as minor code changes related to the Ethereum Virtual Machine.
Arbitrum Temporarily Stopped Processing Due to Software Bug
The Ethereum layer 2 network went out of service for several hours due to a bug in the sequencer and a resulting transaction backlog that stressed the network. A fix was deployed and the network is now processing again.
The Case for Self-Custody in Wake of FTX Collapse
FTX and other exchange bankruptcies have highlighted the potential risks to users of trusting centralized entities with the keys to their crypto. As part of CoinDesk's Consensus @ Consensus Report, CoinDesk Ethereum Protocol Reporter Margaux Nijkerk joins "First Mover" to discuss the outlook for crypto self-custody in the aftermath of the recent crypto crash.
Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain
Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.
Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'
The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."
Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days
The embattled crypto lender has deposited $745 million of ETH to staking contracts in the last two days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network.
CoinDesk Turns 10: 2015 – Vitalik Buterin and the Birth of Ethereum
The most used blockchain is supposed to be immutable. So why has it changed so much from its founding? This feature is part of our CoinDesk Turns 10 series.
