After Bitcoin, the second largest cryptocurrency by market capitalization as of this writing is Ethereum. It is the most actively used blockchain after introducing smart contract functionality, paving way for decentralized applications such as decentralized finance (DeFi) - financial services without the need of typical intermediaries such as brokerages, exchanges or banks. Ethereum also launched non-fungible tokens (NFTs), data stored on a blockchain certifying a unique digital assets, such as art, music, anything digital, or even certificates of ownership to real life objects.

Ethereum has seen many upgrades to its blockchain technology. Currently a series of upgrades are being implemented to transition to Ethereum 2.0 - from proof-of-work to a proof-of-stake. The change in protocols will reduce the energy consumption, reduce transaction fees and increase transaction throughput. Due to the utility and the advancement of the network, there is speculation that Ethereum will outperform and overtake Bitcoin as the leading cryptocurrency in market cap.

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The Latest Ethereum News

Ethereum's Successful Transition to Proof-of-Stake

WealthWithCrypto - Thursday Sep 15, 2022 10:58AM
  • Ethereum
  • Proof-of-stake
  • Pos
  • Technology
  • Proof-of-work
  • Pow
A historic event in the cryptocurrency world unfolded in the early morning around 2:45am EST on September 25, 2022. Ethereum, the second largest cryptocurrency successfully began transitioning its underlaying consensus mechanism from proof of work (P... Read More

Monday Updates: January 24, 2022

WealthWithCrypto - Monday Jan 24, 2022 05:18AM
  • Crypto Market
  • Monday Update
  • Bitcoin
  • Ethereum
The overall crypto market took a major hit last week as a majority of cryptocurrencies saw double digit losses for the week. The slump occurred Thursday afternoon and continued till it found a floor on Saturday before a slight recovery for the weeken... Read More

Crypto Market Continues Its Descent

WealthWithCrypto - Friday Jan 21, 2022 05:14AM
  • Crypto Market
  • Bitcoin
  • Ethereum
  • Binance
  • Cardano
  • Fear
The overall cryptocurrency market continues to slide further into bearish territory as the overall market cap slips from $2.762T CAD at the start of the year to roughly $2.280T early Friday morning (Jan 21st) - a 17.45% drop for the year. Comparing t... Read More

Monday Updates: January 17, 2022

WealthWithCrypto - Monday Jan 17, 2022 07:05AM
  • Crypto Market
  • Monday Update
  • Bitcoin
  • Ethereum
  • Cardano
  • Fantom
  • Cosmos
  • Harmony
Cryptocurrencies began last Monday January 10th 2022 with a total market cap of $2.48T CAD, hitting a low of $2.38T early Monday before spending the majority of the week recovering to $2.56T to start this week off. Bitcoin's dominance slips below 40%... Read More
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