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#DigitalAssetBill
Understanding the Digital Asset Bill: What It Means for Crypto Users
The recently proposed *Digital Asset Bill* marks a significant milestone in the evolution of cryptocurrency regulation. This legislation aims to bring greater clarity, compliance, and consumer protection to the digital asset ecosystem. For traders, investors, and crypto companies, it signals a shift toward mainstream acceptance of blockchain technologies while setting a framework for transparency and accountability.
The bill outlines legal definitions for digital assets, including cryptocurrencies, tokens, and stablecoins, and establishes regulatory guidelines for exchanges, custodians, and service providers. While some may view increased regulation as a constraint, it also opens doors for institutional adoption and improved trust in the crypto space.
At Binance, we support initiatives that promote innovation while ensuring user safety. As the Digital Asset Bill moves forward, it’s crucial for community members to stay informed and engaged. Let’s discuss how do you think this bill will impact your crypto journey?
Crypto news #Cryptocurrecy #DigitalAssetBill #CryptoRegulation #BinanceCommunity #BlockchainFuture
Understanding the Digital Asset Bill: What It Means for Crypto Users
The recently proposed *Digital Asset Bill* marks a significant milestone in the evolution of cryptocurrency regulation. This legislation aims to bring greater clarity, compliance, and consumer protection to the digital asset ecosystem. For traders, investors, and crypto companies, it signals a shift toward mainstream acceptance of blockchain technologies while setting a framework for transparency and accountability.
The bill outlines legal definitions for digital assets, including cryptocurrencies, tokens, and stablecoins, and establishes regulatory guidelines for exchanges, custodians, and service providers. While some may view increased regulation as a constraint, it also opens doors for institutional adoption and improved trust in the crypto space.
At Binance, we support initiatives that promote innovation while ensuring user safety. As the Digital Asset Bill moves forward, it’s crucial for community members to stay informed and engaged. Let’s discuss how do you think this bill will impact your crypto journey?
Crypto news #Cryptocurrecy #DigitalAssetBill #CryptoRegulation #BinanceCommunity #BlockchainFuture
#SaylorBTCPurchase
Michael Saylor Doubles Down on Bitcoin: Another Major BTC Purchase
In yet another bold move, Michael Saylor, the Executive Chairman of MicroStrategy, has reaffirmed his unwavering belief in Bitcoin by purchasing more BTC. Known for being one of the most influential Bitcoin maximalists, Saylor’s continued accumulation signals strong institutional confidence in the long-term value of Bitcoin.
This latest acquisition adds significantly to MicroStrategy’s already massive Bitcoin holdings, making the company one of the largest corporate BTC holders in the world. Saylor's strategy remains clear: hold Bitcoin as a treasury reserve asset to hedge against inflation and preserve shareholder value.
As market volatility continues, Saylor's conviction remains a source of inspiration for the crypto community. Is this the confidence boost BTC needs to surge again?
#CryptoNews #Cryptocurrecy #SaylorBTC #MicroStrategy #BTC $BTC
Michael Saylor Doubles Down on Bitcoin: Another Major BTC Purchase
In yet another bold move, Michael Saylor, the Executive Chairman of MicroStrategy, has reaffirmed his unwavering belief in Bitcoin by purchasing more BTC. Known for being one of the most influential Bitcoin maximalists, Saylor’s continued accumulation signals strong institutional confidence in the long-term value of Bitcoin.
This latest acquisition adds significantly to MicroStrategy’s already massive Bitcoin holdings, making the company one of the largest corporate BTC holders in the world. Saylor's strategy remains clear: hold Bitcoin as a treasury reserve asset to hedge against inflation and preserve shareholder value.
As market volatility continues, Saylor's conviction remains a source of inspiration for the crypto community. Is this the confidence boost BTC needs to surge again?
#CryptoNews #Cryptocurrecy #SaylorBTC #MicroStrategy #BTC $BTC
#ArizonaBTCReserve
ArizonaBTCReserve: Building the Future of Bitcoin Reserves in the Southwest
ArizonaBTCReserve is making waves in the crypto community with its innovative approach to Bitcoin accumulation and decentralized finance. Based in the heart of the American Southwest, ArizonaBTCReserve is focused on empowering individuals and institutions to secure their wealth through strategic Bitcoin holdings.
With a commitment to transparency, education, and community building, ArizonaBTCReserve provides resources, insights, and infrastructure for those looking to participate in a long-term Bitcoin reserve strategy. As adoption grows and economic uncertainty looms, Bitcoin continues to stand out as a hedge against inflation and a store of value. ArizonaBTCReserve is leading that movement regionally with strong ties to local businesses, educators, and blockchain advocates.
Whether you’re a seasoned investor or just beginning your crypto journey, ArizonaBTCReserve invites you to join the mission of financial sovereignty and smart accumulation.
Follow us for updates, events, and insights into how Bitcoin is reshaping Arizona’s economic future.
#CryptoNews #Cryptocurrecy #ArizonaBTCReserve #Bitcoin#CryptoCommunity $BTC
ArizonaBTCReserve: Building the Future of Bitcoin Reserves in the Southwest
ArizonaBTCReserve is making waves in the crypto community with its innovative approach to Bitcoin accumulation and decentralized finance. Based in the heart of the American Southwest, ArizonaBTCReserve is focused on empowering individuals and institutions to secure their wealth through strategic Bitcoin holdings.
With a commitment to transparency, education, and community building, ArizonaBTCReserve provides resources, insights, and infrastructure for those looking to participate in a long-term Bitcoin reserve strategy. As adoption grows and economic uncertainty looms, Bitcoin continues to stand out as a hedge against inflation and a store of value. ArizonaBTCReserve is leading that movement regionally with strong ties to local businesses, educators, and blockchain advocates.
Whether you’re a seasoned investor or just beginning your crypto journey, ArizonaBTCReserve invites you to join the mission of financial sovereignty and smart accumulation.
Follow us for updates, events, and insights into how Bitcoin is reshaping Arizona’s economic future.
#CryptoNews #Cryptocurrecy #ArizonaBTCReserve #Bitcoin#CryptoCommunity $BTC
#AirdropStepByStep
AirdropStepByStep: How to Join Crypto Airdrops Like a Pro
Looking to earn free crypto? Airdrops are one of the easiest ways to get started in Web3. Here’s a step-by-step guide to help you maximize your chances:
Create a Wallet – Start with a Web3 wallet like MetaMask or Trust Wallet.
Get Verified – Complete KYC if needed on platforms like Binance to qualify for official airdrops.
Stay Informed – Follow Binance and top crypto projects on X (Twitter), Telegram, and Discord.
Complete Tasks – Most airdrops ask you to follow, share, or join community groups.
Track Airdrops – Use platforms like CoinMarketCap or Binance’s Airdrop Zone.
Be Cautious – Never share your seed phrase. Only engage with official links.
Airdrops are not just rewards—they’re early access to Web3 innovations. Stay active, stay alert!
#CryptoNews #Cryptocurrecy #Binance #CryptoAirdrop #CryptoRewards #Lunchpool
AirdropStepByStep: How to Join Crypto Airdrops Like a Pro
Looking to earn free crypto? Airdrops are one of the easiest ways to get started in Web3. Here’s a step-by-step guide to help you maximize your chances:
Create a Wallet – Start with a Web3 wallet like MetaMask or Trust Wallet.
Get Verified – Complete KYC if needed on platforms like Binance to qualify for official airdrops.
Stay Informed – Follow Binance and top crypto projects on X (Twitter), Telegram, and Discord.
Complete Tasks – Most airdrops ask you to follow, share, or join community groups.
Track Airdrops – Use platforms like CoinMarketCap or Binance’s Airdrop Zone.
Be Cautious – Never share your seed phrase. Only engage with official links.
Airdrops are not just rewards—they’re early access to Web3 innovations. Stay active, stay alert!
#CryptoNews #Cryptocurrecy #Binance #CryptoAirdrop #CryptoRewards #Lunchpool
#AirdropFinderGuide
AirdropFinderGuide - Your Ultimate Guide to Discovering Crypto Airdrops
Are you looking to earn free crypto without investing upfront? Welcome to the Airdrop Finder Guide – your all-in-one resource for spotting legit airdrops and maximizing your rewards in the crypto space.
Airdrops are promotional token distributions used by blockchain projects to build communities and increase awareness. But with so many scams out there, finding the right ones is key. This guide helps you identify trusted platforms, spot fake giveaways, and understand eligibility criteria like wallet setup, social tasks, or staking.
Join communities, follow project updates, and stay informed on Binance, CoinMarketCap, and other verified sources. Consistency and smart research are the keys to becoming a successful airdrop hunter.
Stay tuned for top picks, step-by-step walkthroughs, and alerts on new opportunities. Let’s grow your portfolio—one airdrop at a time!
#CryptoNews #Cryptocurrecy #Airdrops #FreeCrypto #Web3 #CryptoGuide $SUI
AirdropFinderGuide - Your Ultimate Guide to Discovering Crypto Airdrops
Are you looking to earn free crypto without investing upfront? Welcome to the Airdrop Finder Guide – your all-in-one resource for spotting legit airdrops and maximizing your rewards in the crypto space.
Airdrops are promotional token distributions used by blockchain projects to build communities and increase awareness. But with so many scams out there, finding the right ones is key. This guide helps you identify trusted platforms, spot fake giveaways, and understand eligibility criteria like wallet setup, social tasks, or staking.
Join communities, follow project updates, and stay informed on Binance, CoinMarketCap, and other verified sources. Consistency and smart research are the keys to becoming a successful airdrop hunter.
Stay tuned for top picks, step-by-step walkthroughs, and alerts on new opportunities. Let’s grow your portfolio—one airdrop at a time!
#CryptoNews #Cryptocurrecy #Airdrops #FreeCrypto #Web3 #CryptoGuide $SUI
#TrumpTaxCuts
#TrumpTaxCuts and the Market: What Investors Should Know
As the 2024 election heats up, Donald Trump’s proposal to extend or expand the 2017 tax cuts is once again dominating headlines. These cuts, originally part of the Tax Cuts and Jobs Act, lowered corporate tax rates and offered individual tax reliefs—many of which are set to expire in 2025. If Trump returns to the White House and follows through on these promises, markets could react sharply.
Lower corporate taxes typically mean higher after-tax profits, which may boost equities, especially in sectors like tech and finance. For crypto investors, this policy could reignite risk appetite and capital inflows, especially if broader economic growth accelerates. However, concerns remain about the impact on national debt and long-term fiscal stability.
What do you think—will the Trump Tax Cuts 2.0 fuel another bull run?
#CryptoNews #Cryptocurrecy $TRUMP
#Election2024 #Investing #BinanceFeed
#TrumpTaxCuts and the Market: What Investors Should Know
As the 2024 election heats up, Donald Trump’s proposal to extend or expand the 2017 tax cuts is once again dominating headlines. These cuts, originally part of the Tax Cuts and Jobs Act, lowered corporate tax rates and offered individual tax reliefs—many of which are set to expire in 2025. If Trump returns to the White House and follows through on these promises, markets could react sharply.
Lower corporate taxes typically mean higher after-tax profits, which may boost equities, especially in sectors like tech and finance. For crypto investors, this policy could reignite risk appetite and capital inflows, especially if broader economic growth accelerates. However, concerns remain about the impact on national debt and long-term fiscal stability.
What do you think—will the Trump Tax Cuts 2.0 fuel another bull run?
#CryptoNews #Cryptocurrecy $TRUMP
#Election2024 #Investing #BinanceFeed
#EthereumFuture
The Future of Ethereum: What’s Next for the Smart Contract Giant
Ethereum has come a long way since its launch in 2015 — from pioneering smart contracts to becoming the backbone of DeFi and NFTs. But what lies ahead?
With the shift to Proof of Stake through the Ethereum 2.0 upgrade, the network is now more energy-efficient and scalable. Next up? Sharding and Layer 2 solutions like Optimism and zkSync are set to supercharge transaction speeds and lower gas fees.
Meanwhile, Ethereum's role in real-world asset tokenization, decentralized finance, and Web3 innovation keeps expanding. Institutional adoption is rising, and the ETH ETF buzz is getting louder.
Will Ethereum maintain its dominance in the blockchain world, or will it face stronger competition from emerging chains?
Let’s talk — where do YOU see Ethereum heading in the next 5 years?
#CryptoNews #Cryptocurrecy #Ethereum #Web3 #BinanceFeed $ETH
The Future of Ethereum: What’s Next for the Smart Contract Giant
Ethereum has come a long way since its launch in 2015 — from pioneering smart contracts to becoming the backbone of DeFi and NFTs. But what lies ahead?
With the shift to Proof of Stake through the Ethereum 2.0 upgrade, the network is now more energy-efficient and scalable. Next up? Sharding and Layer 2 solutions like Optimism and zkSync are set to supercharge transaction speeds and lower gas fees.
Meanwhile, Ethereum's role in real-world asset tokenization, decentralized finance, and Web3 innovation keeps expanding. Institutional adoption is rising, and the ETH ETF buzz is getting louder.
Will Ethereum maintain its dominance in the blockchain world, or will it face stronger competition from emerging chains?
Let’s talk — where do YOU see Ethereum heading in the next 5 years?
#CryptoNews #Cryptocurrecy #Ethereum #Web3 #BinanceFeed $ETH
$FET
When Noob CT's gave a long on every single dip 😂😂 and i relax and wait for the box level...✍️
Repost for love Appreciated ✨️
#FET #Crypto #cryptocurrecy
When Noob CT's gave a long on every single dip 😂😂 and i relax and wait for the box level...✍️
Repost for love Appreciated ✨️
#FET #Crypto #cryptocurrecy
Henry Insights
--
Bullish
$FET
Fresh chart 🤌
will looking for a long at 2.6-2.5$ area..
Repost for the perfect entry Appreciated ✨️
#FET #Crypto #cryptocurrency
Fresh chart 🤌
will looking for a long at 2.6-2.5$ area..
Repost for the perfect entry Appreciated ✨️
#FET #Crypto #cryptocurrency
$SOL
target hit 🤝✔️
exit my long and spot bag here..
like and repost Appreciated ✨️
#SOL #crypto #cryptocurrecy #TrendingTopic
target hit 🤝✔️
exit my long and spot bag here..
like and repost Appreciated ✨️
#SOL #crypto #cryptocurrecy #TrendingTopic
See original
#美联储何时降息？
From the United States. The maintenance probability was 91.3% in June and 68.6% in August. October is forecast to be lower than June, while December is forecast to be lower than October.
Rate cuts were always coming. It is possible that interest rate cuts will begin in early 2025.
Now BTC is expected to fluctuate between 60,000-68,000.
If you don’t trade frequently or don’t want high-risk contracts.
The simplest action is Dollar Cost Averaging, and DCA invests in BTC. It doesn't take much time.
#BTC走势分析
#btc
#cryptocurrecy
#DCA
From the United States. The maintenance probability was 91.3% in June and 68.6% in August. October is forecast to be lower than June, while December is forecast to be lower than October.
Rate cuts were always coming. It is possible that interest rate cuts will begin in early 2025.
Now BTC is expected to fluctuate between 60,000-68,000.
If you don’t trade frequently or don’t want high-risk contracts.
The simplest action is Dollar Cost Averaging, and DCA invests in BTC. It doesn't take much time.
#BTC走势分析
#btc
#cryptocurrecy
#DCA
$LRC
Make it simple friends once it gives the change of character then good for a long and easy invalidation below the box level 🤝
#LRC #Crypto #cryptocurrecy
Make it simple friends once it gives the change of character then good for a long and easy invalidation below the box level 🤝
#LRC #Crypto #cryptocurrecy
Henry Insights
--
$LRC
Perfect hold the box wait for the change of character then good for a long...👈
repost for perfect entry
#LRC #Cryptocurency #Crypto
Perfect hold the box wait for the change of character then good for a long...👈
repost for perfect entry
#LRC #Cryptocurency #Crypto
#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
*Bitcoin (BTC): The Future of Decentralized Finance*
As the first and most well-known cryptocurrency, Bitcoin (BTC) continues to make waves in the financial world, revolutionizing how we view money and value exchange. With over a decade of proven security, transparency, and decentralization, BTC is often referred to as "digital gold" due to its scarcity and potential as a store of value.
### Why Bitcoin?
1. **Decentralization**: Unlike traditional currencies controlled by governments or central banks, Bitcoin is decentralized. It's powered by a global network of nodes, ensuring that no single entity has control over the network.
2. **Store of Value**: With a capped supply of 21 million coins, Bitcoin offers protection against inflation and devaluation. Its deflationary nature makes it a sought-after asset for both short- and long-term holders.
3. **Security**: Bitcoin runs on a blockchain, a distributed ledger technology that guarantees transparency and immutability of transactions. The network is secured through Proof of Work (PoW), making it incredibly resistant to hacking and fraud.
4. **Global Accessibility**: Bitcoin is borderless and open to anyone with an internet connection. This has made it a lifeline for individuals in countries facing economic instability, giving people access to a secure and reliable currency outside of traditional systems.
### BTC's Role in DeFi
Bitcoin is not just a currency; it is also a key player in the rapidly growing decentralized finance (DeFi) sector. Wrapped BTC (WBTC) allows Bitcoin holders to participate in DeFi protocols, unlocking liquidity, yield farming, and lending opportunities across Ethereum-based platforms.
### The Future of Bitcoin
As institutional adoption continues to grow, Bitcoin is gaining recognition as a legitimate asset class.
Are you ready to be part of the Bitcoin revolution? Stay updated, keep learning, and explore opportunities on Binance today!
#btc #cryptocurrecy #decentralizedcurrency
*Bitcoin (BTC): The Future of Decentralized Finance*
As the first and most well-known cryptocurrency, Bitcoin (BTC) continues to make waves in the financial world, revolutionizing how we view money and value exchange. With over a decade of proven security, transparency, and decentralization, BTC is often referred to as "digital gold" due to its scarcity and potential as a store of value.
### Why Bitcoin?
1. **Decentralization**: Unlike traditional currencies controlled by governments or central banks, Bitcoin is decentralized. It's powered by a global network of nodes, ensuring that no single entity has control over the network.
2. **Store of Value**: With a capped supply of 21 million coins, Bitcoin offers protection against inflation and devaluation. Its deflationary nature makes it a sought-after asset for both short- and long-term holders.
3. **Security**: Bitcoin runs on a blockchain, a distributed ledger technology that guarantees transparency and immutability of transactions. The network is secured through Proof of Work (PoW), making it incredibly resistant to hacking and fraud.
4. **Global Accessibility**: Bitcoin is borderless and open to anyone with an internet connection. This has made it a lifeline for individuals in countries facing economic instability, giving people access to a secure and reliable currency outside of traditional systems.
### BTC's Role in DeFi
Bitcoin is not just a currency; it is also a key player in the rapidly growing decentralized finance (DeFi) sector. Wrapped BTC (WBTC) allows Bitcoin holders to participate in DeFi protocols, unlocking liquidity, yield farming, and lending opportunities across Ethereum-based platforms.
### The Future of Bitcoin
As institutional adoption continues to grow, Bitcoin is gaining recognition as a legitimate asset class.
Are you ready to be part of the Bitcoin revolution? Stay updated, keep learning, and explore opportunities on Binance today!
#btc #cryptocurrecy #decentralizedcurrency
$BONK
Again on my ranges 👈
hold this level then will share the entry am watching it...
#BONK #Crypto #cryptocurrecy
Again on my ranges 👈
hold this level then will share the entry am watching it...
#BONK #Crypto #cryptocurrecy
$NFP
just a chart on Demand... D1 tf looks good to me 👈
hold this level then target again green line easy invalidation below box level..
#NFP #Crypto #cryptocurrecy
just a chart on Demand... D1 tf looks good to me 👈
hold this level then target again green line easy invalidation below box level..
#NFP #Crypto #cryptocurrecy
$BTC Downtrend confirmed?
MA 89 CUT MA 200.
MA 34 CUT DOWN MA 89 and MΑ 200.
#bitcoin #CryptoInvestingTips #TradingSignals #cryptocurrecy
MA 89 CUT MA 200.
MA 34 CUT DOWN MA 89 and MΑ 200.
#bitcoin #CryptoInvestingTips #TradingSignals #cryptocurrecy
Ethereum Price: How Will the Surge Upgrades Reshape the Network?
Key Insights
The Merge upgrades transitioned Ethereum from a proof-of-work to a proof-of-stake blockchain.The Surge upgrades aim to enhance Ethereum's transactions per second (TPS) to 100,000.The Scourge upgrades focus on improving decentralization within the network.The Verge upgrades introduce new technologies to simplify node operation.The Purge upgrades aim to remove outdated blockchain data for improved efficiency.The Splurge upgrades encompass various enhancements not categorized in the previous upgrades.
Ethereum Upgrade Roadmap
The Merge
On September 15, 2022, the Merge upgrade successfully transformed Ethereum from a proof-of-work blockchain to a proof-of-stake blockchain, resulting in a 99.9% reduction in energy consumption.
Merge in Ethereum
Ethereum
Due to the complexity of transitioning the entire mainnet in one step, Ethereum implemented a strategic plan that involved creating a side chain. Mainnet miners migrated to this side chain, known as the "beacon chain," where they became validators by staking 32 ETH. The two chains ultimately merged, positioning Ethereum as an energy-efficient blockchain.
The Surge
The subsequent Surge upgrades focused on significantly increasing Ethereum's transaction speed from 15 TPS to over 100,000 TPS.
Dencun Upgrade
The first and only upgrade in this series, known as the Dencun Upgrade or Proto-Dank Sharding, was implemented on March 13, 2024. It introduced a feature called "blob," reducing costs for layer 2 solutions and bulk transaction generators to add transactions to the Ethereum blockchain. As a result, Ethereum gas prices plummeted by 99%. This reduction in gas prices correlates with network TPS, suggesting that Ethereum achieved a TPS of approximately 1,500 transactions.
Sharding
Blob transactions are temporary, retaining their data for only a few months. The Sharding Upgrade is intended to address this issue and will represent the ultimate advancement in Ethereum's scaling efforts, aiming to achieve TPS of over 100,000. This upgrade involves dividing Ethereum's current validator network (about 1 million validators) into smaller groups known as "shards," reportedly totaling 64. These shards will operate independently and can add blocks to the Ethereum blockchain.
To implement this effectively, each shard needs a sufficient number of validators for security. Vitalik Buterin, the founder of Ethereum, has proposed lowering the validator stake requirement from 32 ETH to 1 ETH.
The Pectra Upgrade
The Pectra Upgrades, which include the Prague and Electra enhancements, will enable Ethereum users to pay gas fees using cryptocurrencies other than ETH, such as USDT or DAI. These improvements will also enhance the efficiency of interactions between Layer 1 and Layer 2 networks. The Pectra Upgrades are scheduled for implementation from 2025 to 2026 in two phases.
EIP 7781
Ben Adams, founder of Ilyriad Games, has proposed EIP 7781 to reduce the block slot time from the current 12 seconds to 8 seconds, which could enhance Ethereum's block speed by 50%. Vitalik Buterin supports this proposal, which would also decrease the time required for block finalization from 2-3 epochs to just 1 epoch. An epoch measures the time needed to finalize a process and varies by system.
The Scourge
The Scourge series of upgrades aims to enhance decentralization within the Ethereum network. A recent survey shared by Vitalik Buterin indicated that 44% of individuals cannot become validators due to the 32 ETH stake requirement (approximately $83,200).
Ethereum Quotes a Survey To Highlight Ethereum’s 32 Eth Stake Is Too Big
Vitalik Buterin
In response, Buterin announced on October 14, 2024, that Ethereum plans to reduce the validator stake from 32 ETH to 1 ETH to allow more solo validators to join the network. Additionally, the complexity of running a validator node has been identified as a barrier. To address this, Buterin previously suggested developing a lightweight Ethereum client that could run on mobile devices, although this goal appears to be distant at present.
The Verge
The Verge upgrades will introduce Verkle Trees, which are vector-driven Merkle trees. These trees will simplify node operation and reduce hardware demands. Furthermore, Verkle Trees will enable zero-knowledge solutions to submit smaller, more efficient state proofs for verifying and finalizing Layer 2 transactions.
The Purge
The Purge series will focus on removing older blocks from the blockchain, enhancing speed and accessibility for nodes. Legacy data is generally unnecessary unless executing a hard fork in Ethereum, which would revert the chain by 7 or 8 years—an undesirable and nearly impossible scenario. However, this data will still be accessible off-chain via a portal or as call data on some deprecated blocks.
The Splurge
The Splurge will consist of various miscellaneous upgrades occurring concurrently with other upgrades.
Account Abstraction
One significant aspect of the Splurge upgrades is Account Abstraction, which will allow ETH wallet holders to recover their wallets even if they forget their private keys. Moreover, this feature will enable users to pay gas fees with the same cryptocurrency they hold on the Ethereum network, such as USDT or USDC, eliminating the need to acquire ETH for transactions.
Tags: #Ethereum #Crypto #cryptocurrecy
The Merge upgrades transitioned Ethereum from a proof-of-work to a proof-of-stake blockchain.The Surge upgrades aim to enhance Ethereum's transactions per second (TPS) to 100,000.The Scourge upgrades focus on improving decentralization within the network.The Verge upgrades introduce new technologies to simplify node operation.The Purge upgrades aim to remove outdated blockchain data for improved efficiency.The Splurge upgrades encompass various enhancements not categorized in the previous upgrades.
Ethereum Upgrade Roadmap
The Merge
On September 15, 2022, the Merge upgrade successfully transformed Ethereum from a proof-of-work blockchain to a proof-of-stake blockchain, resulting in a 99.9% reduction in energy consumption.
Merge in Ethereum
Ethereum
Due to the complexity of transitioning the entire mainnet in one step, Ethereum implemented a strategic plan that involved creating a side chain. Mainnet miners migrated to this side chain, known as the "beacon chain," where they became validators by staking 32 ETH. The two chains ultimately merged, positioning Ethereum as an energy-efficient blockchain.
The Surge
The subsequent Surge upgrades focused on significantly increasing Ethereum's transaction speed from 15 TPS to over 100,000 TPS.
Dencun Upgrade
The first and only upgrade in this series, known as the Dencun Upgrade or Proto-Dank Sharding, was implemented on March 13, 2024. It introduced a feature called "blob," reducing costs for layer 2 solutions and bulk transaction generators to add transactions to the Ethereum blockchain. As a result, Ethereum gas prices plummeted by 99%. This reduction in gas prices correlates with network TPS, suggesting that Ethereum achieved a TPS of approximately 1,500 transactions.
Sharding
Blob transactions are temporary, retaining their data for only a few months. The Sharding Upgrade is intended to address this issue and will represent the ultimate advancement in Ethereum's scaling efforts, aiming to achieve TPS of over 100,000. This upgrade involves dividing Ethereum's current validator network (about 1 million validators) into smaller groups known as "shards," reportedly totaling 64. These shards will operate independently and can add blocks to the Ethereum blockchain.
To implement this effectively, each shard needs a sufficient number of validators for security. Vitalik Buterin, the founder of Ethereum, has proposed lowering the validator stake requirement from 32 ETH to 1 ETH.
The Pectra Upgrade
The Pectra Upgrades, which include the Prague and Electra enhancements, will enable Ethereum users to pay gas fees using cryptocurrencies other than ETH, such as USDT or DAI. These improvements will also enhance the efficiency of interactions between Layer 1 and Layer 2 networks. The Pectra Upgrades are scheduled for implementation from 2025 to 2026 in two phases.
EIP 7781
Ben Adams, founder of Ilyriad Games, has proposed EIP 7781 to reduce the block slot time from the current 12 seconds to 8 seconds, which could enhance Ethereum's block speed by 50%. Vitalik Buterin supports this proposal, which would also decrease the time required for block finalization from 2-3 epochs to just 1 epoch. An epoch measures the time needed to finalize a process and varies by system.
The Scourge
The Scourge series of upgrades aims to enhance decentralization within the Ethereum network. A recent survey shared by Vitalik Buterin indicated that 44% of individuals cannot become validators due to the 32 ETH stake requirement (approximately $83,200).
Ethereum Quotes a Survey To Highlight Ethereum’s 32 Eth Stake Is Too Big
Vitalik Buterin
In response, Buterin announced on October 14, 2024, that Ethereum plans to reduce the validator stake from 32 ETH to 1 ETH to allow more solo validators to join the network. Additionally, the complexity of running a validator node has been identified as a barrier. To address this, Buterin previously suggested developing a lightweight Ethereum client that could run on mobile devices, although this goal appears to be distant at present.
The Verge
The Verge upgrades will introduce Verkle Trees, which are vector-driven Merkle trees. These trees will simplify node operation and reduce hardware demands. Furthermore, Verkle Trees will enable zero-knowledge solutions to submit smaller, more efficient state proofs for verifying and finalizing Layer 2 transactions.
The Purge
The Purge series will focus on removing older blocks from the blockchain, enhancing speed and accessibility for nodes. Legacy data is generally unnecessary unless executing a hard fork in Ethereum, which would revert the chain by 7 or 8 years—an undesirable and nearly impossible scenario. However, this data will still be accessible off-chain via a portal or as call data on some deprecated blocks.
The Splurge
The Splurge will consist of various miscellaneous upgrades occurring concurrently with other upgrades.
Account Abstraction
One significant aspect of the Splurge upgrades is Account Abstraction, which will allow ETH wallet holders to recover their wallets even if they forget their private keys. Moreover, this feature will enable users to pay gas fees with the same cryptocurrency they hold on the Ethereum network, such as USDT or USDC, eliminating the need to acquire ETH for transactions.
Tags: #Ethereum #Crypto #cryptocurrecy
$PROM 💹 ( Spot Cal )
Buying : $6.4 - 5.4
Targets :- $7.2 - $9.1 - $10.3 - $12.6 - $14.5 - $17
Stop Loss : $4.3
#Crypto #cryptocurrecy #CryptoNews #promusdt #prom
Buying : $6.4 - 5.4
Targets :- $7.2 - $9.1 - $10.3 - $12.6 - $14.5 - $17
Stop Loss : $4.3
#Crypto #cryptocurrecy #CryptoNews #promusdt #prom
NEW IN:
🇦🇷Argentina National Securities Commission approves opening the market to foreign spot $BTC ETFs.
(Source : X, multiple various cryptonews websites)
#cryptocurrecy #MarketCorrection #CryptocurrencyNews #BTC☀
🇦🇷Argentina National Securities Commission approves opening the market to foreign spot $BTC ETFs.
(Source : X, multiple various cryptonews websites)
#cryptocurrecy #MarketCorrection #CryptocurrencyNews #BTC☀
See original
SOMETHING on h4 after a slight accumulation broke upwards with a strength candle, subsequently forming a bullish pennant, at this moment it is breaking the figure and has a projection of more than 10% increase.
Remembering, today we will have macroeconomic news and this could invalidate our operation, let's stay tuned.
#ALGO/USDT #futurestrade #vidadetrader #daytrader #cryptocurrecy
Remembering, today we will have macroeconomic news and this could invalidate our operation, let's stay tuned.
#ALGO/USDT #futurestrade #vidadetrader #daytrader #cryptocurrecy
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