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Staked Ether Doubles Since Beginning Of 2023, Crosses 20 Million ETH Mark!
In a significant milestone for the Ethereum network, the total value of staked Ether has reached 20 million ETH. This means that currently, with ETH priced at $1,880, over $38 billion worth of ETH tokens have been staked to secure the largest altcoin network by market cap.
The milestone of 20 million ETH staked underscores the rising popularity of Ethereum staking as an investment strategy. Staking involves locking up ETH as collateral to support the network’s operations and validate transactions. In return, stakers receive rewards in the form of additional ETH. With the Ethereum 2.0 upgrade, staking has become crucial in ensuring the network’s security and scalability.
$ETH
#Ethereum #ETH #blockchains #altcoins. #news
In a significant milestone for the Ethereum network, the total value of staked Ether has reached 20 million ETH. This means that currently, with ETH priced at $1,880, over $38 billion worth of ETH tokens have been staked to secure the largest altcoin network by market cap.
The milestone of 20 million ETH staked underscores the rising popularity of Ethereum staking as an investment strategy. Staking involves locking up ETH as collateral to support the network’s operations and validate transactions. In return, stakers receive rewards in the form of additional ETH. With the Ethereum 2.0 upgrade, staking has become crucial in ensuring the network’s security and scalability.
$ETH
#Ethereum #ETH #blockchains #altcoins. #news
$MATIC Polygon puts forward ZK Technology Integration for Enhanced Security & Scalability
Polygon, which is a popular scaling solution for Ethereum, has proposed making its main chain, the Polygon PoS chain, compatible with Zero Knowledge (ZK) technology. If this upgrade is approved by the Polygon community, it will convert the mainchain to zkEVM 'Validium' & remain compatible with the Ethereum virtual machine. The move aims to strengthen security, future-proof the blockchain framework, eliminate reorganizations, speed up transaction confirmations, & improve scalability.
https://twitter.com/0xPolygonLabs/status/1671208777784209441?s=20
The decision to make the main chain compatible with ZK technology is seen as a significant step towards advancing the capabilities and future potential of Polygon.
#polygon #BinanceTournament
Polygon, which is a popular scaling solution for Ethereum, has proposed making its main chain, the Polygon PoS chain, compatible with Zero Knowledge (ZK) technology. If this upgrade is approved by the Polygon community, it will convert the mainchain to zkEVM 'Validium' & remain compatible with the Ethereum virtual machine. The move aims to strengthen security, future-proof the blockchain framework, eliminate reorganizations, speed up transaction confirmations, & improve scalability.
https://twitter.com/0xPolygonLabs/status/1671208777784209441?s=20
The decision to make the main chain compatible with ZK technology is seen as a significant step towards advancing the capabilities and future potential of Polygon.
#polygon #BinanceTournament
AI, ML and Web3 : Building Decentralized Future
In recent years, the fields of Artificial Intelligence (AI), Machine Learning (ML), & Web3 have gained significant attention for their transformative potential. As we move towards a more decentralized future, these innovative technologies are playing a crucial role in creating a paradigm shift in various industries, from finance and healthcare to governance and entertainment. In this blog, we will explore the transformative power of AI, ML, and Web3, and how they are revolutionising our digital