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CoinGape

CoinGape

ETH price today is trading at $3,251 and its one-day trading volume rose more than 52% to $68 billion

CoinGape
Summary
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65% Informative

ETH price touched a 24-hour high of $ 3,444 , while Ether Futures Open Interest surged 1% to $17 billion .

At the recent Devcon 2024 event, a researcher proposed a new consensus layer upgrade for the network.

The proposal envisions a faster and more efficient network by leveraging zero -knowledge (ZK) cryptographic technology.

The upgrade also aims to decrease the validator stake requirement from 32 ETH to 1 ETH for easier participation.

If accepted by the community, development team plans to begin specifications by 2025 , building by 2026 , and initiating a rigorous testing phase from 2027 .

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English

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