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Ethereum breaks past $3,000 to quadruple in value

Ethereum breaks past $3,000 to quadruple in value
6 hours ago
, Gulf Today
Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, with investors betting that ether will be of ever greater use in a decentralised future financial system.
Ether, the token transacted on the ethereum blockchain, rose 3% on the Bitstamp exchange to $3,144.81 in morning deals in London. It is up 325% for the year so far, easily outpacing a 95% rise in the more popular bitcoin.
In part, the big rally is a catch-up to late 2020 gains in bitcoin, said James Quinn, managing director at Q9 Capital, a Hong Kong cryptocurrency private wealth manager. ....

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Ethereum Miners Strike Back in Bid to Retain PoW Mining Community

Ethereum Miners Strike Back in Bid to Retain PoW Mining Community
In a bid to save the Ethereum mining community, a group known as the Ethereum Genesys Foundation (EGF) successfully hard forked the chain to continue Proof-of-Work (PoW) mining.
With the ETH 2.0 upgrade well underway, the switch to Proof-of-Stake (PoS) would render miners redundant. What’s more, miners claim they are slowly being phased out, even before ETH 2.0 is fully rolled out. Community splits are difficult at the best of times, more so how the original chain tends to fare better. With that in mind, is Ethereum Genesys doomed to fail? ....

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Ethereum GeneSys Foundation has completed a 'hard fork' of Ethereum to reclaim staked ETH 2.0 coins, and incentivise the PoW mining community on the Blockchain network

Foundation has successfully executed a mining fork of Ethereum to save miners
Khurram Shroff and Earl Ma, Maple Fork, Ethereum GeneSys
Image Credit: Supplied
Dubai: On April 15, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain network’s proposed ‘Quick Merge’. The Ethereum GeneSys Foundation has successfully initiated a ‘hard fork’, which aims to reclaim staked Ethereum 2.0 coins and allocate it to incentivize the Ethereum mining community to mine Ethereum GeneSys. This will give the Ethereum GeneSys Foundation control of the Ethereum open source protocol. The Proof-of-Stake on EthereumGeneSys Hybrid will be implemented on the Quick Merge proposed by Vitalik Buterin of Ethereum Foundation. ....

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Ethereum GeneSys Foundation Has Completed A 'Hard Fork' Of Ethereum to Reclaim Staked ETH 2.0 Coins, And Incentivize The PoW Mining Community On The Blockchain Network

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DUBAI, UAE and TORONTO, April 20, 2021 /PRNewswire/ On April 15, 2021, Ethereum GeneSys successfully executed a mining fork of Ethereum. This fork, which took place in Toronto, is an effort to save the global Ethereum mining community from the Blockchain network s proposed Quick Merge . The Ethereum GeneSys Foundation has successfully initiated a hard fork , which aims to reclaim staked Ethereum 2.0 coins and allocate it to incentivize the Ethereum mining community to mine Ethereum GeneSys. This will give the Ethereum GeneSys Foundation control of the Ethereum open source protocol. The Proof-of-Stake on EthereumGeneSys Hybrid will be implemented on the Quick Merge proposed by Vitalik Buterin of Ethereum Foundation. ....

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IBC Capital Launches Noted Calligraphist Afaque Hussain's Collection as NFTs Worth $39M on Artifya, During the Holy Month of Ramadan

/PRNewswire/ IBC Capital chairman Khurram Shroff has announced the launch of a collection from calligraphist Afaque Hussain, valued at $39 million, on the. ....

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