Ethereum Classic Halving, Stellar (XLM) Upgrades, and Why BlockDAG Is the Crypto to Invest In Coin Edition
The post Ethereum Classic Halving, Stellar (XLM) Upgrades, and Why BlockDAG Is the Crypto to Invest In Coin Edition appeared on BitcoinEthereumNews.com.
As the blockchain landscape evolves, three prominent projects are making significant strides. Ethereum Classic (ETC) is gearing up for a crucial halving event, Stellar (XLM) is advancing with its Protocol 21 upgrade to support smart contracts, and BlockDAG is revolutionizing the crypto space with its low-code, no-code smart contracts platform. Each of these developments signals major shifts in the blockchain ecosystem, offering unique investment opportunities. Ethereum Classic to Undergo Halving on May 31st Ethereum Classic (ETC) is set for a halving event, estimated to occur between May 27 and June 11. This event, which reduces the mining reward by half, is expected to impact ETC’s supply dynamics. Launched in July 2016 as a hard fork of Ethereum, Ethereum Classic emerged to preserve the original blockchain following a significant security breach. It continues to use a Proof-of-Work (PoW) consensus algorithm, unlike Ethereum, which has transitioned to Proof-of-Stake (PoS). This choice underscores ETC’s commitment to decentralization and security. Stellar (XLM) Testnet Upgraded to Protocol 21 Stellar has upgraded its Testnet to Protocol 21, marking a significant step toward supporting smart contracts. This upgrade aligns with Stellar’s roadmap to enhance its capabilities beyond being a payment engine. The next major milestones include stable releases of Stellar Core, Horizon, and RPC on May 30, a Testnet reset on June 11, and a Mainnet upgrade vote on June 18. The adoption of smart contract functionality was approved by the network’s validators in February, highlighting community support for this evolution. Should these updates proceed smoothly, the native asset, XLM, could see substantial long-term benefits, particularly in the Decentralized Finance (DeFi) space. BlockDAG’s Low-Code/No-Code Smart Platform: A Game-Changer BlockDAG’s presale is booming, with contributions exceeding $28 million. This surge is driven by strong investor interest and strategic enhancements to the BlockDAG platform. A major highlight is the…
Filed under: News - @ May 19, 2024 8:22 pm