Daily Archives: 23/05/2022

Vitalik Buterin: Ethereum’s transition to PoS may take place in August

Ethereum co-founder Vitalik Buterin and several other developers confirmed that the transition to the new Proof-of-Stake consensus mechanism could take place as early as August this year. The Ethereum Dev Council at the Permissionless conference said that the long-awaited transition to the Proof-of-Stake (PoS) consensus mechanism could take place as early as August this year, “if everything goes according to plan.” Developer Preston Van Loon said the team hopes to make the transition before the…

Crypto exchange Binance added support for Optimism

Binance, the largest cryptocurrency trading platform, announced the completion of work on the integration of a second-level solution for the Optimism Ethereum network. Already now, according to the exchange website, users can make deposits in ETH through the Optimism solution. To do this, they will simply need to select the Optimism network on the top-up page. Support for Optimism will speed up the process of depositing ETH on the Binance exchange, as well as save…