Altcoins News

Story: Serenity from Ethereum 2.0 Is Gearing Up Towards Implementation

By Maheen Hernandez

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There has been a widespread rumor that Ethereum will be spending $15 million to develop Verifiable Delay Functions (VDFs). However, it has been proven that these plans are false.

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Justin Drake, the Ethereum Foundation researcher, stated, “The EF is not looking to spend $15m. We are looking to split the funds 50/50 with Filecoin or other financial partners.

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Verifiable Delay Functions (VDFs) are technological functions, which require moderate sequential information, which will take exponentially more time to compute than it would be…

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Ethereum is kicking off with its pre-release Ethereum 2.0, the final upgrade of the Ethereum’s network.

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It is expected that the Constantinople will be completed in late February.  The first stage of Ethereum 2.

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The block time of Ethereum is 10 to 19 seconds, but for Bitcoin, it is 10 minutes. Ethereum block gets mined fast.

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Ethereum is struggling in the past few days because the price action is trending towards the $100 handle.

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Some crypto traders believe that Ethereum will reach $50 at around the same time. Several investors are just trying to survive the bear market, and they are hoping that their…

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The bulls are targeting the market for $120. Some analysts have predicted that Ethereum is potentially gearing up toward a price surge.

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