Ropsten testnet Merge set for June 8, is ETH worth getting?

Ropsten testnet Merge set for June 8, is ETH worth getting?
фото показано с : invezz.com

2022-5-20 14:17

Ethereum ETH/USD is one of the largest cryptocurrencies within the crypto space, which is the home to one of the biggest ecosystems of decentralized applications (dApps).

There is a lot of hype and attention surrounding the Ethereum 2.0 upgrade, and we are closer than ever before to its launch.

The Ropsten testnet Merge as a catalyst for growth

On May 2, 2022 we covered how ETH burning and gas prices surged.

Ethereum’s ecosystem is going to experience a large testing milestone, with the Ropsten testnet Merge set to occur on June 8, 2022.

When we take a look at the Merge testnets page on GitHub, there is a submission from Ethereum DevOps engineer Parathi Jayanathi of a pull request for the Ropsten testnet Merge configuration code.

This submission indicates that the implementation is ready, as Ropsten is one of several testnets created by the Ethereum Foundation in 2017 and is maintained by the Geth development team.

The main point of appeal towards this testnet is the fact that it is seen as the best replication of the Ethereum Mainnet due to the fact that it follows a structure that is similar.

The result of this is that developers can conduct realistic deployment testing prior to making updates on the actual mainnet.

The Ropsten testnet merge will see the Proof-of-Work (PoW) network combined with a new Proof-of-Stake (PoS) consensus layer testnet, with its genesis set for May 30, 2022. 

We will be able to see a simulation of what can happen once the actual merge between Ethereum and the Beacon Chain finally takes place, making it a Proof-of-Stake (PoS) network.

Should you buy Ethereum (ETH)?

On May 19, 2022, Ethereum (ETH) had a value of $1,924.76.

In order for us to see what this value point represents for the future of the ETH cryptocurrency, we will be going over its all-time high point of value, alongside its performance throughout the previous month. 

When we look at its all-time high, Ethereum (ETH) got up to a value of $4,878.26 on November 10, 2021.

When we go over the performance in April, Ethereum (ETH) had its highest point on April 4 at $3,550.74. Its lowest point was on April 30 at $2,788.18. This marked a decrease in value of $762.56 or 21%.

With all of this in mind, Ethereum (ETH) can increase in value after its Ropsten testnet Merge on June 8. 

We can expect the token to reach a value of $2,600 by the end of June

The post Ropsten testnet Merge set for June 8, is ETH worth getting? appeared first on Invezz.

origin »

Miner One token (MIO) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Доступно / Всего 0 MIO

one eth ethereum decentralized home biggest ecosystems

Источник: invezz.com

one eth → Результатов: 126


Altcoin Aversion: Why Bitcoin And Stablecoin Dominance Is On The Rise

Bitcoin and the crypto market are back in the red. The first crypto by market cap records a 2% loss in the last 24-hours and could push other digital assets into critical support zones. Related Reading | Bitcoin Indicator Hits Historical Low Not Seen Since 2015 At the time of writing, Bitcoin is one of the best-performing assets in this ranking only surpassed by Binance Coin (BNB) and Ethereum (ETH), according to data from Coingecko.

2022-5-4 01:00


Ethereum To HECO Chain Bridge – How To Send Coins From ETH To HECO

What Are Cross-Chain Bridges? In the world of blockchain, cross-chain bridges (as the name implies) serve to connect two blockchains to allow the transfer of data from one to the other. Due to the sometimes fundamental differences between these chains, they can be naturally incompatible, and thus face a massive barrier that prevents the two […] The post Ethereum To HECO Chain Bridge – How To Send Coins From ETH To HECO appeared first on CaptainAltcoin.

2022-4-3 00:51


Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts

In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, as Ethereum (ETH) records 16% and Cardano (ADA) 13% profits over the past week.

2022-3-21 21:52


How To Transfer Crypto (BTC, ETH, ADA etc) From FTX to Bybit?

IMPORTANT WARNINGS Trying to deposit a non-supported token may result in the loss of tokens. Send a small test amount first Beware when choosing the network which you want to use for sending crypto Moving cryptocurrency out of FTX Sending your cryptocurrency from one exchange is exactly the same as withdrawing from one exchange and […] The post How To Transfer Crypto (BTC, ETH, ADA etc) From FTX to Bybit? appeared first on CaptainAltcoin.

2022-3-18 23:48


Фото:

a16z invests in Lido

Andreessen Horowitz is excited to invest in Lido, an effective, decentralized staking platform, according to a post on their website. According to the VC firm, Lido offers one of the easiest ways to stake ether (ETH/USD) and other PoS assets today, while striving for decentralization through the DAO’s governance.

2022-3-5 16:07


Andreessen Horowitz проинвестировала в Lido Finance $70 млн

Венчурная компания Andreessen Horowitz (a16z) инвестировала в стейкинговый сервис Lido Finance $70 млн. Excited to share that @a16z has invested $70M in @LidoFinance, one of the easiest ways to stake ETH and other PoS assets, and we used Lido to stake a portion of our ETH holdings on the Beacon chain.

2022-3-4 10:26


One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT

Ethereum’s high gas fees have once again reared its ugly head, as one NFT trader paid over $500,000 to mint 1000 non-fungible tokens from the Tubby Cats NFT collection.  $500,000 paid as gas fees According to available data on Etherscan, the individual paid 204 ETH, which roughly translates to $553,000 as gas fees for a […] The post One NFT trader paid $500,000 to mint 1000 Tubby Cats NFT appeared first on CryptoSlate.

2022-2-25 16:15


Фото:

Breakdown: How the hacker stole 80k ETH from the Solana Wormhole bridge

One of the worst hacks against the Solana blockchain happened on Wednesday when a hacker managed to transfer 80,000 ether (ETH), over $214 million at the moment of writing, out of the Solana system and into the Ethereum blockchain through the Wormhole bridge – a service providing the ability to transfer funds between the different […] The post Breakdown: How the hacker stole 80k ETH from the Solana Wormhole bridge appeared first on CryptoSlate.

2022-2-3 16:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined.