Ethereum whales accumulate ETH as researchers explore scaling beyond EIP-4844

Ethereum developers propose scaling beyond EIP-4844

Researchers presented an early draft titled PeerDAS and invited feedback and a discussion to improve their research. The ideas in the proposal were derived from conversations with Ethereum creator Vitalik Buterin, Dankrad, members of Codex, RIG, ARG and Consensus R&D. Developers explained that this has been under development for the past couple of years.

The research and development update likely fuels a bullish sentiment among holders, as its end goal is to tackle the altcoin’s challenge of scaling its blockchain network, which is currently being solved by Layer 2 and 3 chains. Supply held by top addresses : A metric used to identify accumulation by large wallet investors over a given period of time

Whales have been consistent in their accumulation of Ether tokens since August 18. Further, large wallet investors have continued scooping up Ethereum alongside bullish developments and updates in the ETH ecosystem like the recent research into tackling the challenge of “scaling.”

Source: Digital Coin News (digitalcoinnews.net)

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

ETH Broke Crucial Support, Here's the Next Target (Ethereum Price Analysis)Ethereum's recent market performance has seen an unexpected and sharp rejection from the $1.8K resistance level, triggering a significant downward trend
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Ethereum Founder Vitalik Buterin Makes Mystery Move With Large ETH TransferAccording to blockchain monitoring platform Spot On Chain, Buterin transferred 999 Ether ($1.63 million) between recognized Ethereum addresses and liquidated 500 Maker (MKR) tokens valued at around $580,000
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum (ETH): From Death to Golden Cross, Chart Shows PossibilitiesSecond-biggest cryptocurrency on market not in worst position right now
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum (ETH) Investor Explains Three Benefits of Inter-L2 BridgesCross-blockchain bridges between L2 protocols are already better than their L1 competitors, Ethereum (ETH) veteran Ryan Berckmans says
Source: Utoday_en - 🏆 295. / 63 Read more »

Ethereum (ETH) Popularity Drops to Late 2020 Levels Based on This IndicatorStatistics for cryptocurrency-related searches on popular engines shrinks to multiyear lows amid market apathy
Source: Utoday_en - 🏆 295. / 63 Read more »

52% of Turks Are Crypto Investors, Young Women Show Enhanced Appetite: KuCoin StudyBTC, ETH, and stablecoins are the most popular cryptocurrencies for Turkish investors.
Source: Crypto_Potato - 🏆 568. / 51 Read more »