Ethereum - Cwallet Blog (Page 2)

See What Old Ethereum Miners Are Doing With Their Equipment

Many miners will eventually opt to shut down their machines because they are no longer profitable or efficient enough to use — but some are discovering inventive methods to utilize all that computer hardware that is simply lying around collecting dust

Ethereum

If You Haven't Claimed Your ETHW Airdrop Yet, Here's How!

If you're one of the many who still haven't claimed their free ETHW tokens, you might wonder how to get your hands on them. This article will help you with just that, providing step-by-step instructions on how to claim your ETHW tokens from the Ethereum network. First, though, you'll want

Ethereum

Ethereum Deflationary Economics Post-merge? Here's what you should know.

many people are incentivized to lock up a huge part of their Ethereum holdings to make new ones, reducing the amount of tradeable Ethereum on marketplaces; consequently, scarcity is induced, and with increased usage of the Ethereum network, demand will outweigh supply,

Ethereum Merge

What Next For Ethereum Miners Post-merge?

However, the migration of Ethereum miners to other blockchains will lead to an excess supply of miners competing to earn the same level of rewards as before; hence, the profits for everybody will be reduced.

ETH2.0

Debunking The Myth: Is ETH 2.0 A Hard Fork

Indeed, the network upgrade is being implemented as a separate chain (the Beacon chain). However, rather than forking the blockchain, the protocol will migrate ETH 1.0 contracts and accounts to one of the 64 shard chains on ETH 2.0.

Ethereum

ETH 2.0 Updates: What To Expect by September 15

Bellatrix Upgrade: The Bellatrix upgrade is set to go live by September 6th. Bellatrix is the upgrade that will set the final stages of the merge in motion. This upgrade is created to permit the last set of mining activities before it becomes halted.

Ethereum

Ethereum Virtual Machine: What It Is and How It Works

The Ethereum Virtual Machine (EVM) is a processing engine that functions similarly to a decentralized computer with millions of executable applications. It is a complex, dedicated software virtual stack that executes contract bytecode and is integrated into each Ethereum node to maintain consensus

Ethereum Naming Service

What is the Ethereum Name Service (ENS) and How Does It Work?

The ENS is a decentralized lookup system similar to the internet's DNS. It links information of a public address to a name. Hence, blockchain users can be identified by easily readable names instead of confusing alphanumeric characters.

ETH2.0

Ethereum Merge: Q3 Update

due to the Gray Glacier update in June, the activation of the "difficulty bomb" has been pushed forward until mid-September, effectively delaying the merge until the final few days in Q3

Metaverse

Top Metaverse Projects on Various Blockchains

The blockchain serves two essential functions in the metaverse. Firstly, it allows users to store data anywhere in the metaverse. Secondly, blockchain technology creates a complete economic framework & enables a digital environment to integrate the metaverse's virtual world with the actual world.

Ethereum

ERC VS TRC: Comparing Ethereum and Tron Token Standards

it is evident that the TRC-20 token standard is created as a scalable alternative to the ERC-20 standard. Since both networks’ virtual machines – the Ethereum Virtual Machine (EVM) and the Tron Virtual Machine (TVM) are both programmed in solidity, their smart contracts are interoperable

Ethereum

Solana vs Avalanche: Which is The Actual ETH Killer?

Solana is currently a bigger network than Avalanche, having experienced massive usage from the crowd community; perhaps, if the Avalanche network is put to the test, we can say for sure whether it beats Solana or not.

Test networks

WHAT ARE TEST NETWORKS?

A test network (testnet) is an isolated network similar to, but different from the mainnet blockchain and is used for testing. They are used to work out the bugs in your new cryptocurrency implementation before deploying it on the mainnet (the public blockchain)

Crypto Staking

BEST ETHEREUM STAKING POOLS

Ethereum staking involves locking up a minimum of 32 ETH (over $35,000 as of the time of writing) to become a validating node in the Ethereum network; these tokens will remain locked till the upgrade is completed (projected to be 2023).

dApps

What Are Decentralized Applications (dApps)?

dApps is an acronym derived from Decentralized Application. This means that dApps are applications that use Blockchain technology to operate in a decentralized way. dApps are built on a smart contract and a front-end user interface, written in a language that their back-end can understand.

Ethereum

ALL YOU NEED TO KNOW ABOUT ETHEREUM 2.0 AND ETHEREUM STAKING

Ethereum 2.0, otherwise called “Serenity,” or ETH 2.0, is an impending upgrade to the Ethereum network, where several changes will be made to the blockchain network, notably a switch from the existing Proof-of-Work consensus mechanism to Proof-of-Stake (PoS).

Ethereum

WHAT IS THE ETHEREUM SECURITY TOKEN STANDARD?

Initially, security tokens were not tokenized on the blockchain as ERC-1400; instead, they were tokenized as ERC-20. ERC-20 token standard could not sufficiently fulfill the typical regulations of securities; since they had to be fully unregulated and decentralized to maintain their standard.

Blockchain

Ethereum Rollups Explained For Beginners

Rollups are important layer-2 solutions that help achieve scalability on the blockchain by reducing the data and computation done on the mainnet blockchain, hence facilitating faster transaction times and instant finality.