Merge

Ethereum’s Merge Will Have Several Consequences for the Blockchain

The Merge, the first of five planned upgrades for the network, may only increase transaction speeds by 10% by reducing block times, according to the report. It, however, lays the path for the “Surge,” which is the next planned upgrade for the network and promises to bring 100,000 transactions-per-second (TPS) capability to the blockchain, the …

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Ethereum’s biggest Merge staker just jumped 30% — will LDO rally into September?

Lido DAO (LDO) price edged higher on Aug. 3, primarily due to similar upside moves elsewhere in the crypto market and a rising euphoria around Ethereum’s network upgrade in September. On the daily chart, LDO’s price reached an intraday high of $2.40 a day after bottoming out locally at $1.84. The sharp upside reversal amounted …

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Ethereum Developers Address Potential Glitch Ahead of the Merge

Other developers also suggested that a third-party dashboard could watch over the relays. The Flashbots team, the developers behind MEV-boost, are already working to create some kind of public monitoring system for MEV-activity. Ben Edgington, the lead product owner for Teku at ConsenSys, who is involved in the Merge development, told CoinDesk that there are …

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ETH may consolidate as Merge excitement wears off, says expert

After a surge in Ethereum (ETH) prices last week, the cryptocurrency may now be treading in a consolidation phase, says asset management firm IDEG’s chief investment officer.  In a report shared with Cointelegraph on Monday, the author of the report, Markus Thielen said he while he has been bullish on ETH prices six weeks ago, …

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Ethereum After the Merge: What Comes Next?

The Purge aims at reducing, or “purging,” spare historical data. Reducing the amount of historical data will make the process of validating the blockchain more efficient for validators under the new proof-of-stake consensus mechanism. This should minimize network congestion and allow many more transactions to be processed on the blockchain. Buterin said that by the …

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Ethereum futures backwardation hints at 30% ‘airdrop rally’ ahead of the Merge

Ether (ETH) bulls like a positive spread between its spot and ETH futures prices because the so-called contango reflects optimism about a higher rate in the future. But as of Aug. 1, the Ethereum futures curve slid in the opposite direction. Ethereum quarterly futures in backwardation On the daily chart, Ethereum futures quarterly contracts, scheduled to …

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