Ethereum users have faced extreme transaction fees over recent weeks and months. At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily.
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Over the past year composability has become a very real competitive advantage for DeFi. Will Ethereum’s upcoming overhaul threaten it?
While Ethereum has become much less congested than it was just weeks ago, transaction fees are still far from cheap.
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The launch of Ethereum 2’s first phase (a.k.a.
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Earlier this year, there were some that weren’t too sure the Ethereum 2 upgrade — also known as ETH2 — would go live in 2020.
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As the launch of the first phase (“phase 0”) of Ethereum 2 (ETH2) has neared, some have expressed concerns about the centralization of staking nodes or validators.
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Unlike Bitcoin, Ethereum has not earned the status of being a digital store of value.
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Ethereum’s much-awaited validator testnet was launched yesterday, as per a release on the site’s official blog.
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