The blockchain, on which the second largest cryptocurrency is based, is considered technically superior.
(Photo: Reuters)
Dusseldorf The upward trend of the cryptocurrency ether is gaining momentum. On Thursday morning, according to data from the analysis company Coinmarketcap, the second-largest cyber currency was up more than ten percent over a 24-hour period at just under $1,900. This is the highest level in more than two months.
The jump in price was triggered by advances in the technical upgrade “The Merge” for the underlying Ethereum blockchain. The co-founder of Ethereum, Vitalik Buterin, shared a message on the short message service Twitter that the so-called Goerli test was successful – this is the third and final test before the upgrade.
The computer scientist Tim Beiko, who coordinates the Ethereum developers, also published a screenshot on Twitter indicating that the test was successful. Ansgar Dietrichs from the research department of the Ethereum Foundation wrote on Twitter of “another successful test”. The update is expected to be implemented in September. However, this has not yet been finally confirmed.
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