Amid the upcoming upgrade, the price of ETH soared to a new all-time high above $2,200.
ETH hit $ 2,228 this Thursday,setting a new record. Ethereum's capitalization surpassed $ 250 billion for the first time. For comparison, half a year ago, in October 2020, Bitcoin's capitalization was also $ 250 billion.
Upgrade of Berlin, which is planned for thisenvironment, must prepare the network for a more important hard fork – London. The main technical characteristics of Berlin can be found on the official page. The main change – reduction in the cost of certain types of transactions.
Recall that Ethereum developers are accelerating the transition from PoW to PoS amid dissatisfaction from miners.
Subscribe to ForkNews on Telegram to keep abreast of news from the world of cryptocurrencies
Based on materialscointelegraph.com
Read this:
Ethereum network to be updated Berlin
Berlin hardfork on Ethereum will be activated on April 14
Ethereum developers postpone Berlin hard fork
Large-scale Berlin hard fork in the Ethereum network will take place before the end of June 2020
Ethereum plans to fork Berlin in June 2020
Istanbul update provokes Ethereum network issues