Summary

Ethereum News

Ethereum enters PoS

Following years of development and delays, Ethereum's most awaited software update The Merge has finally been released. The Ethereum blockchain has successfully shifted its consensus mechanism from Proof-of-work (PoW) to Proof-of-Stake (PoS). The Merge intends to move Ethereum to a more energy-efficient system.

Opera Crypto Browser adds MetaMask ahead of Ethereum Merge

The Opera Crypto browser is integrating third-party wallets such as MetaMask ahead of the Ethereum Merge. In its updated version, the Opera Crypto browser offers wallet selectors, domain handles, and more. This update is important at a time when the Ethereum network is transitioning from Proof-of-Work consensus to Proof-of-Stake consensus, which will happen this week. Ether and other ECR-20 tokens can be stored in MetaMask, one of the leading crypto wallets.

Ethereum Bulletin

Ethereum Bulletin #71

Few blocks for The Merge, The Merge Contributor design contest is over, Prysmatic Labs v3.1.1 is out, Testnet and Mainnet guide for The Lodestar Consensus Client, Cloudfare Ethereum gateways now support the Görli and Sepolia testnets.

Ethereum Bulletin #72

Ethereum Merge in 12hrs, Etherchain x Beaconcha, Last Chance to Upgrade Clients, ETH PoS Teaser by Etherscan, Geth Jarfor (v1.10.24) Release

World News

Token value drops to $11.75 for ETHW

After its launch on Thursday, EthereumPoW's native token, ETHW, traded at a whopping $60. However, the recent metrics portray a different story, denoting the fall of the ETHW token from its earlier value of $60.68 to $11.81 at press time. Over the last 24 hours, the token has declined by 32%. The forked token became live 24 hours after the Ethereum merge deployment, described as a potential full fork of the Ethereum blockchain. At press time,$ETC is trading at $33.81, down 8% in the last 24 hours, with its current hashrate sitting at 228.93 T/s.

The Merge Week: ETHW Team Releases 1-Hour Mainnet Info Launch Countdown

  • The team behind plans to hard fork Ethereum’s proof-of-work blockchain reaffirmed its launch timeline.
  • Final node configurations and other relevant data will roll out for network participants today.
  • The core ETHW team published a 60-minute countdown for the mainnet launch info.
  • Bybit announced support for the forked token airdrop and trading.

Ethereum Makes History: The Network Marks Its Successful Transition To The Proof Of Stake Consensus

Ethereum’s historic transition towards the proof of stake consensus is significant in many ways as it will considerably slash the network energy consumption by nearly 80-90%. Alongside that, the merge update is set to reduce the issuance supply of Ethereum by 90% which will reportedly have an impact on its price, however as of now, Ethereum is trading at $1,633.21, up 1.91% in the last 24 hours.

Projects Update

Etherscan deprecating Rinkeby & Ropsten explorers October 5

The Rinkeby and Ropsten testnet explorers will be deprecated on October 5th, 2022. The explorers will be set to read-only for the foreseeable future and will eventually be sunset. Developers, migrate your contracts and deploy new ones on Goerli or Sepolia!

Warp 2.0 stable release now live

The first stable release of Warp 2.0, will be undergoing an audit. Warp 2 is orders of magnitude better than Warp 1.

DeversiFi launches cross-chain features

DeversiFi is no longer just a trading exchange but has a CROSS-CHAIN feature. Seamlessly swap hundreds of tokens on Polygon directly from the DeversiFi app.

StarkNet preparing for regenesis

StarkNet is preparing for a regenesis on Ethereum Mainnet. After many updates and changes to the system, we will be relaunching a more mature version of #StarkNet which will be as lean and secure as possible.

Tech Update

Execution layer Clients:

Consensus layer clients:

Podcast

Ethereum Merges, Activating Proof-of-Stake

Infura Reveals Decentralized Infrastructure Service

ECH Meeting #93

Compound Treasury Launches Institutional Borrowing

Jobs

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Read more about Ethereum in previous Bulletins - Ethereum Bulletin

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