▫️What is #EthereumClassic?
👉$ETC, which retained the original #Ethereum blockchain after a Hard-Fork dating back to July 2016, operates as a smart contract network. It can host and offer support to decentralized applications #DApps.
▫️Why is it rising?
👉The possible reason for the price surge could be the shift of the crypto miners to #ETC, given #ETH's transition to a Poof-of-Stake protocol. The change is expected to occur by the end of the second quarter this year.
👉The transition to #PoS marks an important milestone in advancing the crypto sector, fueling gains for the native token $ETH, which the Dev Team had successfully tested a merger on the Kiln Testnet on 16th March before the blockchain passed the final public test ahead of its expected transition from #PoW Consensus to #PoS.
👉Meanwhile, #ETC intends to remain as a #PoW, stressing that the protocol provides maximum decentralization and higher security.
I hope this will help you see things more clearly.
👉$ETC, which retained the original #Ethereum blockchain after a Hard-Fork dating back to July 2016, operates as a smart contract network. It can host and offer support to decentralized applications #DApps.
▫️Why is it rising?
👉The possible reason for the price surge could be the shift of the crypto miners to #ETC, given #ETH's transition to a Poof-of-Stake protocol. The change is expected to occur by the end of the second quarter this year.
👉The transition to #PoS marks an important milestone in advancing the crypto sector, fueling gains for the native token $ETH, which the Dev Team had successfully tested a merger on the Kiln Testnet on 16th March before the blockchain passed the final public test ahead of its expected transition from #PoW Consensus to #PoS.
👉Meanwhile, #ETC intends to remain as a #PoW, stressing that the protocol provides maximum decentralization and higher security.
I hope this will help you see things more clearly.
♻️ #Qtum, The Clean #PoS #Blockchain
👉The $QTUM crypto has something that neither #Bitcoin nor #Ethereum has... a Proof-of-Stake #PoS consensus mechanism and a plan to clean up the blockchain.
https://investorplace.com/2022/03/qtum-crypto-sees-upswing-as-investors-lean-into-green-currencies/
👉The $QTUM crypto has something that neither #Bitcoin nor #Ethereum has... a Proof-of-Stake #PoS consensus mechanism and a plan to clean up the blockchain.
https://investorplace.com/2022/03/qtum-crypto-sees-upswing-as-investors-lean-into-green-currencies/
InvestorPlace
QTUM Crypto Sees Upswing as Investors Lean Into ‘Green’ Currencies
QTUM crypto is ballooning recently as developers lean into the coin's low environmental impact, which stands in stark contrast to BTC and ETH.
⚡️Vitalik Buterin Confirms Ethereum’s Merge Could Happen in August.
At the ETH Shanghai Summit, Vitalik said that the Ethereum merge (#POW to #POS) is likely to happen in the summer in August, If there are some potential risks, September or October is also possible.
ETH Shanghai: Web 3.0 Developer Summit (Vitalik starts speaking at 59 min)
www.youtube.com/watch?v=8l67wJ3Wcbc
https://cryptopotato.com/vitalik-buterin-confirms-ethereums-merge-could-happen-in-august/
At the ETH Shanghai Summit, Vitalik said that the Ethereum merge (#POW to #POS) is likely to happen in the summer in August, If there are some potential risks, September or October is also possible.
ETH Shanghai: Web 3.0 Developer Summit (Vitalik starts speaking at 59 min)
www.youtube.com/watch?v=8l67wJ3Wcbc
https://cryptopotato.com/vitalik-buterin-confirms-ethereums-merge-could-happen-in-august/
✅ #Ethereum Closes In On Proof-of-Stake After #Sepolia Testnet.
▫️#Ethereum Testnet Sepolia today moved over to #PoS.
▫️Just one more testnet remains before the entire network completes the Merge.
▫️The Merge, a long-awaited update to the network, is expected to happen this year.
👉🏻 As I told you many times.... if you disregard all the FUDs on social networks, media & influencers articles with their drama "end of the world" headlines, and all others inexperienced trading analysts... well, there's a lot of good recent news and positive enough to fully justify some bullish signs with the start of significant price increases on $BTC & $ETH, and therefor the main reliable #Alts will follow quickly. @AlainBKK
🌐 https://decrypt.co/104513/ethereum-merge-moves-closer-sepolia-testnet
▫️#Ethereum Testnet Sepolia today moved over to #PoS.
▫️Just one more testnet remains before the entire network completes the Merge.
▫️The Merge, a long-awaited update to the network, is expected to happen this year.
👉🏻 As I told you many times.... if you disregard all the FUDs on social networks, media & influencers articles with their drama "end of the world" headlines, and all others inexperienced trading analysts... well, there's a lot of good recent news and positive enough to fully justify some bullish signs with the start of significant price increases on $BTC & $ETH, and therefor the main reliable #Alts will follow quickly. @AlainBKK
🌐 https://decrypt.co/104513/ethereum-merge-moves-closer-sepolia-testnet
⚡️QTUM Core v22.1 Hard Fork July 31‼️
I'm sure there are always #Qtumfams even if they are low key like the Qtum Dev team. 🙂
If some Crypto Dev teams spend more than they should with excessive marketing budgets to boost their token's price, it's the opposite with the Qtum team which devotes its entire budget to development, some conferences, and salaries. One of the few articles with Patrick Dai, founder of Qtum Foundation that published in Cointegraph (2021) had pumped up $QTM price by more than 150%
#Qtum is a blockchain that combines the security of Bitcoin's blockchain model and the flexibility of Ethereum's smart contracts. It uses a #PoS consensus model for creating new blocks, which is far easier and less energy-intensive than Bitcoin's #PoW model.
▫️Qtum Testnet Hard Forked on June 1
▫️Qtum Mainnet Hard Fork on July 31
One of the most stable and capable layer-1 chains is soon to have a mandatory hard fork, which will make the chain support Bitcoins Taproot.
I'm sure there are always #Qtumfams even if they are low key like the Qtum Dev team. 🙂
If some Crypto Dev teams spend more than they should with excessive marketing budgets to boost their token's price, it's the opposite with the Qtum team which devotes its entire budget to development, some conferences, and salaries. One of the few articles with Patrick Dai, founder of Qtum Foundation that published in Cointegraph (2021) had pumped up $QTM price by more than 150%
#Qtum is a blockchain that combines the security of Bitcoin's blockchain model and the flexibility of Ethereum's smart contracts. It uses a #PoS consensus model for creating new blocks, which is far easier and less energy-intensive than Bitcoin's #PoW model.
▫️Qtum Testnet Hard Forked on June 1
▫️Qtum Mainnet Hard Fork on July 31
One of the most stable and capable layer-1 chains is soon to have a mandatory hard fork, which will make the chain support Bitcoins Taproot.
✨All about #Ethereum 2.0 (2/2)
🔅What are the key differences between #ETH & #ETH2 ?
Ethereum 2.0 also referred to as "#ETH2" or "#Serenity" will be completed over 3 phases, as follows:
👉🏻 Phase 0: "The Evolutionary Phase"
These changes, which launched in December 2020, introduced users to the "Beacon Chain". This is a new type of blockchain which oversees the entire #ETH ecosystem, moving from a #PoW to #PoS consensus model. It doesn't actually change anything about the #ETH we use today but will be a more secure, energy efficient alternative to the existing #PoW model.
👉🏻 Phase 1: "Sharding"
This next part of the upgrade will see the spread of data from a single large database across several separate database servers. This will ease bottlenecks, increase network bandwidth and allow more transactions to be processed.
👉🏻 Phase 1.5: "Docking"
This final phase of the upgrade, expected in 2022, is when the existing #ETH Mainnet "Docks" or merges with the new $ETH2 Beacon Chain & Sharding system.
🔅What are the key differences between #ETH & #ETH2 ?
Ethereum 2.0 also referred to as "#ETH2" or "#Serenity" will be completed over 3 phases, as follows:
👉🏻 Phase 0: "The Evolutionary Phase"
These changes, which launched in December 2020, introduced users to the "Beacon Chain". This is a new type of blockchain which oversees the entire #ETH ecosystem, moving from a #PoW to #PoS consensus model. It doesn't actually change anything about the #ETH we use today but will be a more secure, energy efficient alternative to the existing #PoW model.
👉🏻 Phase 1: "Sharding"
This next part of the upgrade will see the spread of data from a single large database across several separate database servers. This will ease bottlenecks, increase network bandwidth and allow more transactions to be processed.
👉🏻 Phase 1.5: "Docking"
This final phase of the upgrade, expected in 2022, is when the existing #ETH Mainnet "Docks" or merges with the new $ETH2 Beacon Chain & Sharding system.
✅ (1/2) Ethereum Classic Hashrate has remained stable since the Ethereum Proof-of-Stake consensus, making the network more secure than ever.
🔹 After The Merger, $ETH miners brought their mining rigs to alternative blockchains like #ETC, #Ravencoin and #Ergo.
🔹 Last September, $ETC (Ethereum's Hard Fork executed following the #DAO hack of 2016), saw its network hash jump nearly 300%, from 66 TH/s (Terra Hashes per second) to 265 TH/s, before stabilizing until today between 110 and 135 TH/s, and instead the average of 15-30 TH/s before $ETH switched to #PoS Consensus in 2022.
🔹 In comparison, #Ravencoin's Network Hashrate averages at 6-8 TH/s & $Ergo at 15-30 TH/s, while $ETHPoW is 10 TH/s, and much lower #Monero 2 GH/s, #Zcash 8GH/s, #BitcoinGold 5MH/s.
🔹 After The Merger, $ETH miners brought their mining rigs to alternative blockchains like #ETC, #Ravencoin and #Ergo.
🔹 Last September, $ETC (Ethereum's Hard Fork executed following the #DAO hack of 2016), saw its network hash jump nearly 300%, from 66 TH/s (Terra Hashes per second) to 265 TH/s, before stabilizing until today between 110 and 135 TH/s, and instead the average of 15-30 TH/s before $ETH switched to #PoS Consensus in 2022.
🔹 In comparison, #Ravencoin's Network Hashrate averages at 6-8 TH/s & $Ergo at 15-30 TH/s, while $ETHPoW is 10 TH/s, and much lower #Monero 2 GH/s, #Zcash 8GH/s, #BitcoinGold 5MH/s.
✅ (1/2) The Singaporean Sleeping Giant⁉️
🔹 Patrick Dai and his Dev team are among those very active but discreet projects, without extravagant marketing or airdrop to attract new investors. However, since June, they have been communicating a lot on their Twitter account about the QRC20 Smart Token (same as ERC20).
🔹 #Qtum is an open source public blockchain platform built on a peer-to-peer #PoS network. It uses the transaction model of #BTC, with the added flexibility of smart contracts. The project provides a range of resources for developing blockchain and decentralized applications, as well as a multi-wallet ecosystem.
🔹 Quantum Blockchain Network hosts 280 different tokens and has nearly 3 million addresses. https://qtum.info
🔹 Patrick Dai and his Dev team are among those very active but discreet projects, without extravagant marketing or airdrop to attract new investors. However, since June, they have been communicating a lot on their Twitter account about the QRC20 Smart Token (same as ERC20).
🔹 #Qtum is an open source public blockchain platform built on a peer-to-peer #PoS network. It uses the transaction model of #BTC, with the added flexibility of smart contracts. The project provides a range of resources for developing blockchain and decentralized applications, as well as a multi-wallet ecosystem.
🔹 Quantum Blockchain Network hosts 280 different tokens and has nearly 3 million addresses. https://qtum.info
🛠 $IOST STAKING - CITADEL.ONE
👉 It's a large bag of $IOST tokens which cost me nothing since the initial investment had been recovered from the sale of about 20% of my total tokens during a huge pump of +1,500% in 2021.
👉 However, as my tokens held in #Bitkub Thai exchange were not earning anything in staking, I did a deep DYOR to finally select the Non-Custodial #PoS Platform Citadel.one, which I had already introduced here in Nov. 2021.
https://t.me/PowerCryptoClub/2114
🛠 The non-custodial platform means they have no control over your private keys, so I created my $IOST wallet with my own keys, before starting to stake my first tokens received with a selected delegator offering an APY up to 8% (announced 4.8% to 36.13%)
Binance Earn Flexible: 0.87%
Binance Earn Fixed: 2.60% to 4.50%
🌐 One way to easily #HODL & #STAKE your $IOST (or other tokens) is through Citadel One: https://app.citadel.one
👉 It's a large bag of $IOST tokens which cost me nothing since the initial investment had been recovered from the sale of about 20% of my total tokens during a huge pump of +1,500% in 2021.
👉 However, as my tokens held in #Bitkub Thai exchange were not earning anything in staking, I did a deep DYOR to finally select the Non-Custodial #PoS Platform Citadel.one, which I had already introduced here in Nov. 2021.
https://t.me/PowerCryptoClub/2114
🛠 The non-custodial platform means they have no control over your private keys, so I created my $IOST wallet with my own keys, before starting to stake my first tokens received with a selected delegator offering an APY up to 8% (announced 4.8% to 36.13%)
Binance Earn Flexible: 0.87%
Binance Earn Fixed: 2.60% to 4.50%
🌐 One way to easily #HODL & #STAKE your $IOST (or other tokens) is through Citadel One: https://app.citadel.one