VRB News
Virtual Reality Brisbane
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
No Result
View All Result
Home IT news

Which cryptocurrencies benefit from the Ethereum 2.0 Merge?

admin by admin
August 13, 2022
in IT news
0
Which cryptocurrencies benefit from the Ethereum 2.0 Merge?
0
SHARES
43
VIEWS
Share on FacebookShare on Twitter

With the merge, the finalization of Ethereum 2.0 is also getting closer and closer. Time to keep an eye on crypto projects that could grow as a result of this development. Which cryptocurrencies are likely to benefit the most?

Ethereum Price Forecast: 2022, 2025 and 2030

For our current Ethereum forecast, we analyze the charts, the market momentum and the fundamental data. We also look at the short-term, medium-term and long-term potential of Ethereum for the years 2022, 2025 and 2030.

Ethereum Staking with Lido DAO (LDO)

Lido is a liquid staking platform that allows users to create a wide variety of coins and thereby earn money passively. The supported cryptocurrencies also include Ethereum.

With the equivalent of over eight billion US dollars, ETH is the most important project on the platform. The administration is done by a DAO. The governance token is Lido DAO (LDO).

💰

Currently, the value of the token is 2.60 US dollars. As soon as the Ethereum mainnet is converted to proof of stake, investors could discover the option of staking en masse and also end up at Lido, where 3.9 percent a year can currently be earned completely passively.

As part of the DeFi sector, Lido is of particular interest to those who oppose centralized platforms. Cryptotesters already lists Lido as the largest offering of its kind. Staking rewards are paid out in tokenized staking derivatives.

Ethereum Staking Comparison: The Best Providers

Get an insight into the best providers in our Ethereum Staking comparison. Find out where you can stake Ethereum and what you need to consider.

Ethereum Classic (ETC): The PoW Alternative

Ethereum (ETH) and Ethereum Classic (ETC) share a common history until 2016. Through a split, the redistribution of the coins to ETH was achieved after the hack of The DAO reached systemic proportions and endangered Ethereum’s continued existence.

While the stolen cryptocurrencies on ETH returned to their rightful owners, the hacker kept the stolen goods on ETC. In addition to the main Ethereum developers, a large part of the user community also turned away from ETC.

💰

Now, however, Ethereum Classic could experience a renaissance. Because Ethereum is saying goodbye to a proof of work mechanism due to the imminent merge, many miners are looking for a new home.

Of course, the “brother” ETC is obvious. Whether the miners’ attention is enough to make Ethereum’s original blockchain a big topic again remains to be seen.

ETC-Course July to August 2022ETC-course since July

It is certain that, despite its critical history, ETC never completely disappeared from the scene. The cryptocurrency managed to stay in the top 100 by market capitalization and was further developed mainly by the Cardano developers Input Output.

Since July, the ETC rate has almost tripled. The increase in public concessions is to blame – especially by well-known mining companies.

Ethereum Classic Price Explosion: What’s next?

In our Ethereum Classic forecast, we look at the reasons for the recent price explosion and give an outlook: will ETC continue to rise?

Optimism (OP) – Rollup Solution for ETH

Optimism (OP) is the governance token of the eponymous rollup solution for Ethereum. Ethereum 2.0 could increase its importance exponentially. Since August, it can be seen that many investors are putting strong hope in the project.

Surgery course July to August 2022Surgery course since July

💰

Ethereum 2.0 wants to massively increase its throughput through solutions such as Optimism. This plan plays well into the hands of the token. Deposits in the smart contract of the project recently increase by up to 800 percent.

Optimism ETH deposits roofing

avalanche rush 2.0, run it back pic.twitter.com/ZQhpUbiq96

– Will Sheehan (@wilburforce_) August 4, 2022

Currently, these investments are largely used for yield farming on automated market makers such as Thales and Velodrome. Since Ethereum announced the merge in September, OP has already increased in value by 250 percent.

In our exchange comparison you will find the best 15 providers to buy cryptocurrencies such as Bitcoin easily and safely.

Previous Post

Star Citizen FPS module video

Next Post

Binance recovers most of the funds stolen by Curve Finance

admin

admin

Related Posts

How to Grow a YouTube Channel with ScaleLab
IT news

How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators

February 4, 2025
Sticker mockups
IT news

Sticker mockups: how to visualize your ideas professionally and efficiently

January 13, 2025
Ways to Get Free Senegal Proxies for Work and Surfing
IT news

Ways to Get Free Senegal Proxies for Work and Surfing

December 24, 2024
Crypto Betting Frontiers
IT news

Crypto Betting Frontiers: The 2025 Landscape

December 6, 2024
iGaming Marketing Trends for 2025
IT news

iGaming Marketing Trends for 2025: Adapting to a Rapidly Changing Landscape

December 5, 2024
Next Post
Binance recovers most of the funds stolen by Curve Finance

Binance recovers most of the funds stolen by Curve Finance

Premium Content

New video and renders of Perception Neuron

New video and renders of Perception Neuron

August 8, 2022
Snap launches competitor to TikTok and Instagram Reels

Snap launches competitor to TikTok and Instagram Reels

November 26, 2020
How to market good digitally

How to market good digitally

December 22, 2021

Browse by Category

  • Games
  • IT news
  • Tech
  • World

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • How to Grow a YouTube Channel with ScaleLab: Effective Strategies for Creators
  • Sticker mockups: how to visualize your ideas professionally and efficiently
  • Ways to Get Free Senegal Proxies for Work and Surfing

© 2023 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2023 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?