At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…
Uncapped Tokens
Capped vs. Uncapped Coins and Tokens
Capped supply refers to a limit on the total number of tokens or coins created in a cryptocurrency. Once that limit is reached, no more tokens will be created. Uncapped supply, on the other hand, refers to a cryptocurrency with no limit on the total number of tokens that can be created. This means that new tokens can be created indefinitely. Capped supply can create scarcity, increasing cryptocurrency demand and driving its value. On the other hand, an Uncapped supply…
Block Education
@BlockEducation
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