Morgan Stanley says changing to Proof of Stake might not solve Ethereum's scaling problems. An equity strategist for Morgan Stanley claims Ethereum beacon-mainnet merge will cause demand for graphics processors to plummet in the coming months. The Ethereum platform has been undergoing a parade of testnets preparing for its merge with Beacon Chain. This merge is a move to facilitate the blockchain's transition from operating a Proof of Work model, to Proof of Stake. The PoW consensus model understandably…
Tag: all-time high
Bitcoin’s Price Reaches All-Time High, Soars Passed 65k
Despite the massive market crash in May, Bitcoin has finally reclaimed its former glory. The cryptocurrency's price shattered its previous all-time high earlier today and is now trading just short of $67k. The crypto community is rallying in response, and they expect far-greater highs before the end of the year. Bitcoin to the Moon According to price data from CoinGecko, Bitcoin's price rested at $64 549.73 at 9:40 am EST this morning. It had spent the night trading within the…
8 months ago 
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