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▫️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.
⚡️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/
⚡️Ethereum Classic Gains 60% in One Week, Here is Why The Merge Could Push its Price Higher

▫️Vitalik B. says #ETH to be 55% complete post-merge

▫️The #Merge is expected to reduce #ETH’s energy usage by almost 100%, contribute to making #ETH a deflationary asset, and provide stakers with rewards for securing the network

▫️#ETH Devs announced that the #Merge will tentatively take place during the week of Sept 19

▫️Once the network #ETH #PoW will stop, the network #ETC could witness a mass migration of #ETH miners (estimate about 120,000 ETH miners).

▫️$ETC has breached the 50-EMA, indicating a major revival of bullish momentum, and the 20-EMA just reached top of the daily candle

▫️$ETC has recovered until +122% from its bottom price on June 18, and generated +74% gains since my buy entry at $16.

▫️Trade #ETCUSD
🔹Buy Entry: $16-26
🔹TP1: $33
🔹TP2: $52
🔹TP3: $66 up to $100
⛔️ S/L: Under $14
⚡️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.
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.
🛑 #EthereumPoW price falls 99% post-Merge‼️

Bad news for those who have bet on
#ETHPoW, a separatist Poof-of-Work (#PoW) blockchain forked from #Ethereum's Merge, which went live on Sept. 15. Their blockchain suffered technical issues after the launch, which put downward pressure on its $ETHW token.

https://coinpedia.org/opinion/90-of-pow-miners-will-go-bankrupt-predicts-ethereum-miner/
Here are 5-Hot-Token from the #Cosmos_Ecosystem to closely monitor...

▫️
#Kadena $KDA #119
(You know it since we have already traded it)
Proof-of-work blockchain that combines the #PoW consensus mechanism from #Bitcoin with directed acyclic graph (#DAG) principles to offer a scalable version of #Bitcoin.

▫️#Evmos $EVMOS #2708
#Ethereum Virtual Machine (#EVM) hub that launched on the #Cosmos_Blockchain in April after years of development.

▫️#Juno $JUNO #2933
Sovereign public blockchain in the #Cosmos_Ecosystem, which provides an environment for the deployment of interoperable smart contracts.

▫️#Gravity $GRAV
#Gravity_Bridge is #Cosmos <=> #Ethereum bridge designed to run on the #Cosmos_Hub focused on maximum design simplicity and efficiency.

▫️#Osmosis $OSMO #211
#DEX built on #Cosmos that enables cross-chain transactions through Inter-Blockchain Communication (#IBC).
🔅#KASPA: Can't remember why this Alts was in my TradingView watchlist, but after a quick check....

Fundamentally: No red flags yet, but must to check again deeply. Basic figures (MC, Supply...) look ok. CMC #213

Technically, $KAS price structure looks good and I like it!

🔹 In last Nov-Dec, instead of crashing like the whole crypto market, $KAS pumped +500% and did an ATH ($0.009)

🔹 Early Jan, $KAS started 3-month uptrend of +900% before to reach a new ATH ($0.043), followed by a collapse which was only -72% over 50 days ($0.011)

🔹 Since late May, the price has rebounded from its last low to rise again by +140% ($0.028) over one month, while the Alts fell further by -20/-30%.

⚠️ #Kaspa is an instant validation transaction sequencing layer that has the capability of facilitating high block rates whilst also being able to preserve a high level of security that is available through the #PoW consensus.