Kibo Lotto, the first decentralizes online lottery, launched in Ethereum test network.
Bush and Sigel also projected that there is a high chance that L2 networks generate significantly bigger revenues than the base Ethereum network.
VanityBlocks are in no way a cheap means to mint an NFT as the team had to pay nearly $50,000 to mint an NFT on the last block of Ethereum PoW.
Despite the total deposits accrued thus far, the 52,801 ETH represents just about 10% of the total amount needed, and the full required deposits are needed to trigger the Beacon Chain.
The Ethereum network is well poised to be the first cryptocurrency network to process US$1 trillion in transactions by the end of 2020.
The Spadina testnet will be launched to avoid interfering with the progress made by Medalla.
Defi Swap has now become available on Ethereum mainnet. Some of the coins supported at the start are: Wrapped Ether, Tether, USD Coin, Dai, Chainlink, Compound, and Crypto.com Coin. However, the company promises to widen the list.
Ethereum-focused industry startup ConsenSys announced on Tuesday that it had acquired JPMorgan’s Quorum blockchain unit. Earlier JPMorgan was directly involved in funding the ConsenSys quest in the seamless adoption of blockchain technology.
Cryptocurrency exchange WazirX is making its foray into the DeFi ecosystem with the launch of its Automated Money Maker on the Matic Network.
The next Ethereum system-wide upgrade, Eth 2.0, will not launch in Q2 2020 as scheduled, but developers are still confident that the original network parameters will deploy in 2020.
To address the problems of Ethereum scalability, Syscoin has developed a new protocol called the Bridge that will ensure the seamless transferring of ERC20 tokens into the Syscoin ecosystem.