What is the new Ethereum? The new Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of fraud or third party interference. […]
What Is Ethereum 2.0
Ethereum 2.0, also known as Serenity, is a proposed overhaul of the Ethereum blockchain that would introduce a number of new features. These include sharding, proof-of-stake, and a completely new virtual machine called eWASM. Sharding is a technique for scaling blockchain networks by dividing them into smaller shards. This allows each shard to process transactions […]
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Ethereum 2.0 What Is It
What is Ethereum 2.0? Ethereum 2.0 is a proposed upgrade to the Ethereum blockchain that includes a switch to a proof-of-stake consensus algorithm, sharding, and eWASM. What is proof-of-stake? Proof-of-stake is a consensus algorithm that allows nodes in a blockchain network to come to a consensus about the validity of transactions without the need for […]
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What Time Is Ethereum Update
What Time Is Ethereum Update? The Ethereum network is set to undergo a scheduled update on Wednesday, September 26. The update, called Constantinople, is designed to improve the efficiency of the network. The update will be implemented at block number 7,080,000. That is expected to happen at around 6:00 am UTC on September 26. The […]
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