2022-8-24 22:00 |
In the wake of sanctions from the Office of Foreign Assets Control (OFAC) against Tornado Cash, crypto analyst Eric Wall has trashed the possibility of an OFAC-compliant Ethereum chain, calling the notion “dead on arrival. origin »
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As Ethereum (ETH) approaches the Merge, the debate over its shift to a proof-of-stake (PoS) network appears to be growing. Many people have expressed their worries regarding the current centralization of Ethereum's validator nodes, claiming that moving to a PoS system would worsen matters.
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity Chain’s gas costs.
The merculet token gained 160% from $0. 00068 to $0. 0011 in just 7 hours of trading on August 14. The price jump makes the token biggest gainer in 24 hours according to markets. Bitcoin. com. Despite the price surge, merculet had trading volumes of just $112,000.