Payment system news

More than 120 thousand Ethereum wallets are ready to participate in stacking a new version of the network

Market participants expect the launch of a new version of the Ethereum network, which is scheduled for early fall of this year. Currently, the number of wallets that store more than 32 ETH has increased to 120 thousand. That is how many coins are necessary for a successful start of a validator node.

It is worth noting that investors still hope that the launch will take place in September after several transfers already due to errors in introducing the multi-client option. The new Ethereum 2.0 network will replace the current Proof-of-Work protocol with Proof-of-Stake and allow miners to receive rewards for blocking part of their assets in their account in favor of the validation mechanism.

Recall, the developers had problems launching the Berlin fork testnet due to the need to upgrade components (it is the primary condition for launching the main network).

Рустам Алиев

Recent Posts

Bloomberg Strategist Calls Bitcoin a “Stock-Market Puppet,” Maintains $10,000 Target

Bloomberg commodity strategist Mike McGlone reiterated his prediction that Bitcoin (BTC) could fall to $10,000, calling the…

21 hours ago

France Emerges as Crypto Crime Hotspot, With an Attack Nearly Every Two Days

France has emerged as a major hotspot for violent crypto-related crime, with authorities recording 90…

2 days ago

Stellar Eyes 200% Rally as XLM Closes In on $1 Billion Stablecoin Milestone

Stellar (XLM) may be gearing up for a major rally, as its post-breakout price structure…

2 days ago

ChangeNOW Launches NOW AI After Resolving Website Integration Vulnerability

On October 15, with the help of independent security researchers, ChangeNOW identified a vulnerability affecting…

3 days ago

U.S. Institutions Dumping Bitcoin Faster Than Binance Traders

In recent on-chain activity, US government wallets reportedly deposited $1 billion in cryptocurrency to Coinbase…

4 days ago

Bybit Expands Beyond Crypto as CEO Outlines the Next Phase of Its Financial Platform

Bybit Co-founder and CEO Ben Zhou has outlined the next stage of the company’s evolution…

4 days ago