Next to only Bitcoin, Ethereum (ETH) is the second most popular cryptocurrency in terms of market cap. It holds one of $470 billion, as of 10/27/2021, which is significantly larger than that of many Fortune 500 companies, including Netflix or Walt Disney Co. Vitalik Buterin created ETH in July of 2015, and since then the coin has seen significant growth, with an active community and team of developers who continue to find and fix problems within the ETH blockchain. Solana (SOL) is a coin that has gained massive traction in 2021, founded by Anatoly Yakovenko in 2017, and many say that it will trump ETH in time because of how…
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Square pledges $10M for Bitcoin Clean Energy Investment Initiative
The crypto-friendly company’s pledge comes as the Biden administration, which is determined to tackle climate change, prepares to take office
The payments platform, which recently acquired BTC worth $50 million, said it is determined to become net zero carbon for operations by 2030—and wants to tackle the carbon footprint that’s associated with purchasing Bitcoin on behalf of its customers.
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Ripple’s Brad Garlinghouse sees a change in tone
The international financial transactions firm’s CEO talks Bitcoin’s new respectability, mining under an eco-friendly Biden administration, and why U.S. crypto regulation is “out of step”
When asked what’s driving this year’s gains, Garlinghouse said: “It has definitely been an exciting year across crypto. I think one of the most important dynamics that is driving the crypto markets is the fact that many governments around the world are printing more fiat currencies—here in the United States, you see trillions of dollars of stimulus and that means we’re inflating the U.S. dollar. There are many people who want to hold non-inflationary assets. People are seeing crypto as an inflationary hedge.”
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Lead developer formally proposes launch of Ethereum 2.0
The moment that the Ethereum community has been waiting for finally seems at hand: The move to a faster, more energy efficient proof-of-stake blockchain has begun
Ethereum 2.0 will move the No. 2 cryptocurrency’s blockchain from a Bitcoin-style, energy-hungry, proof-of-work (PoW) consensus mechanism to a faster, more energy efficient proof-of-stake (PoS), in which blocks are confirmed by validators who essentially post a bond to ensure good behavior.
