Record 1,1 million addresses on the Ethereum network made transactions in 24 hours
Of those, 961 196 wallets were recipients of digital assets
28.07.2022 - 09:45
355
1 min
0
What’s new? On July 26, a record number of 1 066 898 active addresses on the Ethereum network was recorded. According to Etherscan, 961 196 wallets were cryptocurrency recipients, respectively, and 259 442 addresses were sending digital assets. The previous maximum of active users was recorded on May 9, 2021, at which time their number was 799 580. At that time, senders and recipients were split almost equally. As of July 28, 09:45 UTC, ETH is trading at $1616, up by 10,8% in 24 hours (according to Binance).
Ethereum situation. Now the developers of the network are preparing to change the transaction confirmation algorithm from Proof-of-Work (PoW) to Proof-of-Stake (PoS). The release of the upgrade is scheduled for September 19-25. The final date will depend on the results of the Goerli testnet merge, which will take place on August 11.
Ethereum co-founder Vitalik Buterin said that by the end of the roadmap for the network’s transition would see its scalability increase from 25 to 100 000 transactions per second (TPS). He also added that the upgrade would involve sharding and the Rollups scaling solution. According to Buterin, Ethereum issuance will be steadily decreasing after the transition to PoS.
Useful material?
Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024