Ether Price Drops After Spot ETF Debut
The native token of the Ethereum network, trades 3 % lower than its level on the first day of spot ether ETF trading in the United States. The slide traces to the Grayscale Ethereum Trust, a closed end fund that converted into an ETF on the same date. Holders of the legacy vehicle pay an […]
SegWit2x - What It Was, How It Worked along with Concerns
SegWit2x was a 2017 proposal for a hard fork that would have raised the Bitcoin block size limit from one megabyte to two megabytes. The intent was to raise the number of transactions that fit into each block and to shorten confirmation times. The proposal never activated. A hard fork introduces rules that reject blocks […]
ERC-20 Tokens on the Ethereum Network
ERC-20 denotes the technical specification that governs every fungible token issued on the Ethereum blockchain. A token qualifies as fungible when any single unit substitutes for another unit of the same type. By contrast, the ERC-721 specification produces non fungible tokens that never trade one-for-one. The specification equips developers with a uniform set of smart […]
Ethereum Founder - Users Must Pay Rent for Storage
Vitalik Buterin now advances a divisive plan to preserve Ethereum. The proposal introduces a rent fee that users remit for every byte hour their data occupies the distributed ledger. The fee forces each participant to cover the cost of replicating and storing that participant's state across every validator node. Transaction volume on Ethereum has surged […]
Shiba Inu (SHIB): Structure, Function along with Risk
Shiba Inu is an Ethereum-based altcoin whose emblem depicts a red coated Shiba Inu hunting dog. Traders treat the token as a rival to Dogecoin. The self titled SHIBArmy promotes the slogan âDogecoin killer.â The token belongs to the meme coin category - assets that revolve around an internet joke or a pop culture image. […]