• TK
    Bitcoin,  Ethereum

    Markets Report: Bitcoin price reclaims $9,500 on U.S. stimulus news as Ethereum hits 5-month high

    A new uptick in step with the U.S. announcing even more financial stimulus over coronavirus sees $9,500 return, but will it hold?

    Data from price tickers including CoinMarketCap tracked BTC/USD as it completed 2.5% daily gains to hit local highs of $9,550. That level marks Bitcoin’s highest since June 25, and contrasts with the cautious behavior which has characterized the market over the past few weeks.

  • SKALE Network token sale
    Ethereum,  Technology

    SKALE Network’s token sale announced

    The Aug. 17 Dutch auction will make the Ethereum layer-2 blockchain platform the first to launch on ConsenSys Codefi’s Activate platform

    An Ethereum layer-two blockchain platform, the SKALE network allows developers to easily build highly configurable, completely decentralized, cloud-based blockchains capable of running 2,000 transactions per second, complete with sub-second block times.

  • Bison Trails supports ETH 2.0
    Ethereum

    Bison Trails rolls out support for Ethereum 2.0

    Platform co-founder Aaron Henshaw said he believes the first iteration of ETH 2.0 will launch this year, as Vitalik Buterin’s blockchain moves from proof-of-work to proof-of-stake

    ETH 2.0 will see the network transition from an energy-draining, expensive proof-of-work (PoW) consensus mechanism to proof-of-stake (PoS). This will effectively make miners obsolete, as blocks will instead be verified by validators who stake 32 ETH in order to run a node.

Subscribe to the
MODERN CONSENSUS Newsletter