Cryptocurrencies 17,711
Market Cap $2.34T
BTC Dominance 56.84 %

Cryptocurrencies : 17,711

Total Market Cap : $2.34T

BTC Dominance : 56.84 %

LIVE
Mkt Cap $2.34T BTC Dom 56.84 % BTC BTC $66,435.00 ▲ +2.11% ETH ETH $1,923.59 ▲ +1.47% USDT USDT $0.99933 ▲ +0.01% BNB BNB $572.57 ▲ +0.22% USDC USDC $0.999874 ▲ +0.01% XRP XRP $1.16 ▲ +3.98% SOL SOL $77.89 ▲ +0.57% TRX TRX $0.329309 ▲ +0.83% FIGR_HELOC FIGR_HELOC $1.00 ▲ +0.23% HYPE HYPE $60.57 ▼ -2.32% DOGE DOGE $0.073516 ▲ +2.28% RAIN RAIN $0.014398 ▲ +2.03% USDS USDS $0.999862 ▲ +0.01% ZEC ZEC $531.94 ▼ -2.58% LEO LEO $9.70 ▼ -0.23% WBT WBT $57.80 ▲ +1.90% XLM XLM $0.193802 ▲ +3.30% XMR XMR $349.38 ▲ +4.30% ADA ADA $0.173779 ▲ +3.38% LINK LINK $8.61 ▲ +0.98% CC CC $0.126022 ▲ +2.06% DAI DAI $0.99972 ▼ -0.01% BCH BCH $223.92 ▲ +3.10% USD1 USD1 $0.999104 ▼ -0.01% GRAM GRAM $1.53 ▲ +5.95% Mkt Cap $2.34T BTC Dom 56.84 % BTC BTC $66,435.00 ▲ +2.11% ETH ETH $1,923.59 ▲ +1.47% USDT USDT $0.99933 ▲ +0.01% BNB BNB $572.57 ▲ +0.22% USDC USDC $0.999874 ▲ +0.01% XRP XRP $1.16 ▲ +3.98% SOL SOL $77.89 ▲ +0.57% TRX TRX $0.329309 ▲ +0.83% FIGR_HELOC FIGR_HELOC $1.00 ▲ +0.23% HYPE HYPE $60.57 ▼ -2.32% DOGE DOGE $0.073516 ▲ +2.28% RAIN RAIN $0.014398 ▲ +2.03% USDS USDS $0.999862 ▲ +0.01% ZEC ZEC $531.94 ▼ -2.58% LEO LEO $9.70 ▼ -0.23% WBT WBT $57.80 ▲ +1.90% XLM XLM $0.193802 ▲ +3.30% XMR XMR $349.38 ▲ +4.30% ADA ADA $0.173779 ▲ +3.38% LINK LINK $8.61 ▲ +0.98% CC CC $0.126022 ▲ +2.06% DAI DAI $0.99972 ▼ -0.01% BCH BCH $223.92 ▲ +3.10% USD1 USD1 $0.999104 ▼ -0.01% GRAM GRAM $1.53 ▲ +5.95%
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Most Awaited Ethereum Merge Is Coming In August

Vitalik Buterin, the founder of Ethereum, announced that Ethereum Merge, i.e., a transition to a proof-of-stake (PoS) protocol, will most likely happen by August this year.

During ETH Shanghai Web 3.0 Developer Summit, Buterin said that if any potential risk took place, a delay to September or October is possible.

Buterin shared an overview of the Ethereum protocol during the virtual summit. The overview included ETH Merge and happenings related to scaling and other improvements. He unveiled the benefits of the transition to PoS, such as an improved Ethereum ecosystem and more applications.

“We have been working on proof-of-stake for about 7 years now. But finally, all of that work is coming together. If everything goes well, then the likely plan is for the merge to happen in the summer.”

This week one of the major development took place towards Ethereum Merge.

Vitalik Buterin revealed the updated roadmap of the Ethereum protocol that included the completion of the consensus layer and execution layer featuring the beacon chain, PoS light client, and EIP 1559. Currently, the team is working towards longer-term features such as single secret leader election, single-slot confirmations, and better signature aggregation.

He also shared some other developments in “The Surge” for increasing scalability for rollups through sharding and “The Verge” for statelessness through Verkle Trees and related features. Once the completion of these developments, the users can do a large number of transactions and make it easier to run an Ethereum node even without a powerful computer with more hard drive space.

Later, “The Purge” and “The Splurge” were discussed, which will make Ethereum simplify by eliminating historical data and technical debt.

Although, Vitalik Buterin was sure that the Merge and the Surge will be enough for Ethereum. The team will keep on working to make Ethereum simpler, safer, and secure.

Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice.

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