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Ethereum (ETH) Technical Analysis: Hanging On To 50 SMA Support, Likely to Break $130 Soon

Published 03/26/2019, 09:33 AM
Updated 03/26/2019, 10:43 AM
Ethereum (ETH) Technical Analysis: Hanging On To 50 SMA Support, Likely to Break $130 Soon

Latest Ethereum News


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ProgPoW (EIP 1057) will become Ethereum’s new interim Proof-of-Work mechanism while the project transitions over to Casper - Ethereum’s future Proof-of-Stake consensus system. The main focus of ProgPoW will be to reduce the economic advantage of ASIC miners so that GPU miners can continue to operate on the network, and earn block rewards. This ensures that the network remains as decentralized as it can be.

Least Authority have been selected as the third party auditers that will review the code, having already worked on Ethereum projects in the past. As per the official survey, over 43% of stakeholders and...

This article appeared first on Cryptovest

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