$82,963.00
-0.89%$1,796.54
-1.61%$2.06
0.14%$591.92
-1.46%$0.999902
0.00%$115.45
-3.39%$0.161327
-2.70%$0.64784
-0.78%$0.239148
1.31%$1,795.91
-1.73%$82,746.00
-0.91%$9.56
2.02%$3.52
-7.78%$12.77
-3.37%$0.999858
-0.02%$0.259455
-1.50%$2,149.86
-1.80%$18.10
-2.80%$2.21
-8.26%$0.00001213
-1.62%$0.162631
-1.74%$83.18
-0.09%$6.37
0.58%$4.02
-1.19%$301.24
0.02%$4.49
-1.58%$0.999446
-0.03%$1.002
0.08%$1,794.78
-1.76%$1,909.75
-1.72%$27.60
-0.80%$213.23
-1.52%$11.79
-5.21%$0.564975
-15.37%$5.84
-2.53%$5.01
-4.23%$1.046
0.01%$2.49
-1.61%$0.00000673
-6.56%$46.93
-1.92%$82,894.00
-1.02%$22.05
-1.80%$33.59
-1.96%$0.094526
-4.91%$0.81686
0.29%$0.74613
-4.54%$5.14
-1.14%$16.15
-1.60%$0.994897
0.58%$1.17
0.07%$149.02
-3.81%$4.69
6.72%$1.00
0.00%$9.44
1.14%$0.02165188
-1.91%$215.78
-1.00%$82,598.00
-0.72%$2.72
-1.83%$4.05
0.39%$3.27
-3.69%$2.84
-3.33%$0.064274
-0.05%$0.313236
-7.42%$0.189174
-0.21%$0.180305
-0.02%$0.480776
0.20%$0.309448
-1.47%$0.853142
1.17%$10.27
-3.99%$82,541.00
-1.17%$0.701045
-1.87%$0.432495
-2.77%$0.386441
0.16%$1,289.54
-1.30%$1,796.64
-1.76%$4.20
-6.07%$1,873.54
-1.29%$1.055
2.28%$0.06692
1.05%$68.27
2.89%$1.001
-0.08%$0.388904
-0.43%$120.45
-3.38%$0.758011
0.76%$2,033.18
-1.41%$0.577974
-2.16%$14.94
-0.02%$1.002
0.05%$0.997685
0.00%$0.00001088
-4.34%$0.462391
-4.73%$1.00
0.04%$8.36
-2.89%$0.163842
-1.75%$0.01303361
-2.74%$0.082255
-2.57%$0.778424
-2.71%$3,123.22
-1.73%$0.999629
0.05%$0.829588
-0.97%$81,393.00
-2.00%$592.34
-1.72%$1,909.26
-1.72%$3,119.56
-1.91%$0.515133
-0.63%$0.649496
-1.94%$82,826.00
-0.84%$0.521981
-7.06%$0.01487161
-2.39%$6.03
-9.89%$0.261373
-0.74%$0.108982
2.76%$0.999438
-0.08%$39.05
-1.45%$0.00000063
-1.58%$1.98
-7.88%$0.164033
-1.25%$30.71
-1.58%$0.368952
-1.90%$147.79
-3.68%$0.99964
-0.10%$1,869.08
-1.82%$1.81
-3.21%$0.999262
0.01%$0.0000545
-3.22%$1.87
12.51%$1.75
-7.00%$3.10
1.86%$2.78
-2.33%$14.99
-2.67%$0.998775
0.05%$0.01007925
-1.38%$126.91
-3.69%$0.06984
-0.17%$0.609414
-1.05%$81,270.00
-1.21%$0.129844
-4.67%$6.05
-10.29%$0.999838
0.03%$1.001
0.06%$0.2438
1.51%$0.999967
-0.10%$27.38
0.70%$0.447731
-8.32%$0.00482086
1.86%$0.401347
0.57%$2.71
-2.81%$0.462701
0.09%$0.00000043
-0.06%$1,907.45
-1.74%$15.22
-2.89%$0.426256
-0.87%$82,643.00
-1.27%$83,399.00
-0.71%$0.161447
-2.71%$0.667134
-3.50%$45.50
1.77%$0.999707
0.00%$0.080754
-1.68%$110.55
0.01%$0.088727
7.05%$1,795.08
-1.62%$0.13669
-1.74%$1,795.30
-1.79%$1.047
0.00%$0.04136642
1.21%$1.11
-2.78%$0.385616
-0.42%$0.00685425
10.10%$1,794.53
-1.77%$0.00001929
-1.21%$1.093
-1.09%$5.78
-0.53%$82,681.00
-0.84%$0.183553
-0.70%$1,876.49
-1.60%$0.558734
-0.55%$0.138178
33.72%$0.439998
-1.83%$0.999205
-0.00%$1.002
0.10%$0.814827
-1.76%$0.00646155
-1.01%$0.190992
-0.12%$4.67
2.93%$1,826.68
0.86%$1,794.09
-1.83%$1.001
-0.17%$0.343919
-2.65%$2.89
2.24%$0.00005831
-3.86%$0.03142646
-0.52%$0.00000152
-10.34%$0.541988
0.02%$116.44
-0.89%$0.372097
-9.44%$0.03017806
0.17%$0.00477661
-1.99%$0.999713
0.04%$0.00348684
-2.34%$0.999844
-0.26%$0.00878456
-4.02%$1.39
-3.37%$1,768.53
-2.27%$82,164.00
-0.28%$0.231918
0.61%$1.12
-2.75%$1,794.35
-1.77%$2.84
-2.30%$1.13
-2.18%$82,658.00
-1.09%$21.70
-0.33%$0.598272
-2.56%$3,111.14
-1.36%$0.516268
-0.15%$1,912.40
-0.69%$0.219928
-2.78%$0.185166
-0.95%$3.18
-5.51%$1,963.36
-1.82%$0.00278696
-14.25%$14.91
-2.57%$0.117191
-1.48%$0.02997125
3.59%$1,950.31
-1.67%$21.46
1.27%$0.234068
-3.71%$1,663.32
-0.93%$0.00306343
-1.12%$0.100382
0.17%$1,802.59
-1.70%$0.926969
2.60%$0.03235361
-1.56%$0.06044
-2.36%$0.01108108
-0.05%$0.519934
0.11%$0.64204
-5.08%$0.472729
-9.33%$0.995464
-0.25%$0.00207351
-4.47%$0.999655
-0.01%$82,191.00
-1.75%$1.00
0.00%$0.00443179
-0.54%$0.999541
0.00%$0.0263574
-3.65%$0.819022
-3.38%$18.06
-2.89%Reading
Ethereum (ETH) mined its 10 millionth block today, marking a significant milestone for the world’s second largest cryptocurrency. Data from blockchain explorer Etherscan shows the 10 millionth block was successfully mined at exactly 01:22:13 PM (UTC).
In contrast, just 628,900 BitcoinBitcoin blocks have been mined, since it launched on January 3, 2009. However, Bitcoin blocks take much longer to be produced, around 10 minutes on average.
Launched in 2015, Ethereum was envisioned as a decentralized “world computer.” It soon rose to prominence in the market cap top 100, before exploding in value during the crypto market boom of 2017. It is currently the second-ranked coin by market cap.
Back in the day, CPUs were used to mine the coin, before graphics cards took over. Since then, larger mining machines, known as ASICs, which are dedicated to mining cryptocurrency, have taken over. These machines have rapdily spread up the mining game.
As noted by Luit Hollander in History of Ethereum Hardforks, it would take a consumer graphics card over 150 million years to compute the 15 zettahashes required to mine 10 million Ethereum blocks.
The Ethereum Name Service was designed to make sending and receiving crypto easier. You take your Ethereum (ETH) address—an alphanumeric string of characters, which shows how much ETH you have in your account—and replace it with a simple name. Much like how email addresses replaced clunky pieces of code, it was supposed to make crypto simpler. But Decrypt has learned that this step forward in user design, has meant several steps backward when it comes to privacy. Since the Ethereum blockchain is...
Cryptocurrency enthusiasts celebrated the milestone on social media, looking forward to seeing Ethereum progress further—especially in terms of scaling.
"Ethereum just reached 10M blocks! The progress from the genesis block in 2015 is incredible. There are many exciting layer 2 solutions launching this year (like keep_project, NuCypher, SkaleNetwork ) that will help ETH scale even further," tweeted Aaron Hensaw, founder of blockchain infrastructure provider Bison Trails.
Ethereum just reached 10M blocks! The progress from the genesis block in 2015 is incredible. There are many exciting layer 2 solutions launching this year (like @keep_project @NuCypher @SkaleNetwork ) that will help ETH scale even further 🚀https://t.co/rzL3SlCb17
— Aaron Henshaw (@aaronhenshaw) May 4, 2020
Ethereum’s whitepaper originally envisioned blocks to be processed every 12.6 seconds. In practice, the time between blocks has proven to be slightly higher. Data from Bitinfocharts shows ETH block times have arrived on average every 20 seconds or so—with occasional spikes as high as 50 seconds during periods of congestion.
Yet such milestones will soon be a thing of the past as Ethereum shifts towards a proof-of-stake consensus model in the coming years.
Update: The difference between the number of Ethereum blocks and Bitcoin blocks has been updated.
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The Babylon Foundation, an entity tied to the Bitcoin staking protocol Babylon, released tokenomic details for its BABY token Thursday—and revealed an airdrop for early users. The Foundation will provide 6% or 600 million BABY, the Babylon Genesis Network’s native governance token, to five reward groups and early supporters as part of its airdrop. The vast majority of tokens (585 million) set aside for the airdrop campaign will be provided to those who have staked Bitcoin with Babylon. “Tokens...
Paul Atkins, President Trump’s nominee to become the next Chair of the Securities and Exchange Commission, passed a key vote from the U.S. Senate Banking Committee on Thursday. Following the 13-11 vote, in which all Democrats on the Committee opposed Trump’s pick, Atkins’ nomination will now proceed to the Senate floor for a full vote. Atkins is an SEC veteran who previously served as an agency commissioner under President George W. Bush. He is widely expected to institute favorable policies for...
Monday marked the end of a painful quarter for Ethereum, as the network’s native asset’s so-called burn rate fizzled amid one of its worst performances in recent memory. The metric, which tracks the rate of Ethereum removed from circulation, recently hit its lowest level since August 2021, a nagging concern among investors that’s “weighed on Ethereum’s market performance,” according to the crypto market maker Wintermute. Last week, around 53 ETH was burned per day, the firm said. Meanwhile, ETH’...
