:::info Name: Dhanush Naik Join Date: August 05, 2022. Email: dhanushlnaik@gmail.com

You might have heard of the term "Ethereum 2.0" or "The Merge" if you have been following the blockchain space lately. To know more about The Merge, read our article here. In short, "The Merge" is just a transition of Ethereum from a PoW to a PoS implementation. Ethereum 1 was all about PoW i.e. using Computer hardware and electricity to add a new block and mine for Ethereum. However, Ethereum 2.0 will use Proof of Stake, i.e. users will participate in the blockchain by staking their ETH and become a validator, making Ethereum more reliable, scalable, secure and environmentally liable, and eco-friendly. In this post we are gonna talk about: Table of Contents What is Beaconchain? What is Ethereum Node?

The India Blockchain Forum supports the adoption of Web3.0 As a global hub for blockchain and web3.0, the India Blockchain Forum aims to make the country a global hub for blockchain and web3.0. A group of key influencers within the Indian Blockchain Ecosystem has formed the India Blockchain Forum. The organisation was launched on Sunday in Hyderabad, Telangana.A launch ceremony was held by Jayesh Ranjan, Principal Secretary, Industry & Commerce and Information Technology, Government of Telangana. This shall create community chapters across the countrsy to increase awareness and access to global best practices. To help build a holistic framework for adoption of blockchain and web3.0, India Blockchain Forum envisages collaborating with governments, regulators, industry and academia. Additionally, the India Blockchain Forum will collaborate with academia and research institutes, nurture the community, and support corporate adoption of web 3.0 technologies. With over 40 influencers, the forum is setting up Special Interest Groups (SIGs) in areas such as CBDC, Metaverse, Policy Framework and NFTs. As the world's largest web3.0 community, the India Blockchain Forum will be open to all stakeholders. Indian users take global exchange route, To dodge crypto tax Since July, users have been using overseas exchanges to avoid paying the 1% TDS imposed on cryptocurrency transactions.

An insight on the current state of regulation and adoption of cryptocurrency in India. A case study of real-estate registration on the blockchain. What do people think of Govt.'s response to the WazirX case? With the arrival of Jandhan, Aadhar, and mobile access, online payments have become easier. There is the widespread use of digital payment technologies in India, such as UPI. Before, it was unimaginable that monetary transactions would be conducted without currency notes or other physical means like checkbooks. Through the use of digital technologies, India has reshaped financial access. In recent years, the Indian government has studied blockchain technology and cryptocurrency. With this post, we hope to provide insight on the current state of regulation and adoption of cryptocurrency in India. An Overview Why choose crypto over fiat currency? Cryptocurrency in India Present State of Crypto Regulations in India

Template MISC [ ] Announcement Channel [ ] Automating Youtube or maybe tweets. [ ] Some Bots IG?

TL;DR Merge Data Challenge is live! Aztec crosses 20,000$ETH deposit Myria L2 is now LIVE Compound III launches on Ethereum Arbitrum Nitro node version v2.0.0 released! Getting ready for the imminent Merge, the Merge Data Challenge is now live! In terms of complexity, the Merge is the most complex upgrade to Ethereum to date, and potentially to any other public blockchain network in history. Researchers, developers, and community members must collect tons of data, visualize data, write tools, and explain the interworkings of the post-Merge network for better understanding.

Table of Contents What is TTD? What is Terminal Block? How TTD works? Currently, Ethereum has two chains. One is the Mainnet chain, also known as the Execution Layer secured by PoW consensus. Consensus Layer or Beacon Chain is another Mainnet that uses a novel PoS consensus mechanism. Beacon has already been up and running for a year and a half, proving its sustainability and security. By hot-switching from PoW to PoS. The Merge combines these two chain. Forks are needed to bring these two chains together. Their names are Bellatrix (Consensus Layer) and Paris (Execution Layer). In the context of The Merge rollout, the order of these hard forks is important. This Merge is a two-step process. A network upgrade on the consensus layer is triggered by a slot height. A specific Total Difficulty threshold, called the Terminal Total Difficulty (TTD), triggers the execution layer's transition from proof-to-work to proof-of-stake. As the Merge happens with certain TTD, we should be able to predict how TTD value grows in the network and when to expect targeted TTD.

Table of Contents Blockchain switches to a PoS mechanism What is Shadow Forking and PoS mechanism? Vitalik Buterin downplays Ethereum Forks After Merge What experts say? Blockchain plans to switch from Proof-of-Work (PoW) to Proof-of-Stake (PoS) through "The Merge". This change from a PoW system will end a stream for Ethereum miners. They produced $620 million in July alone, data shows. Justin Sun founder of Tron has emerged as one of the most prominent investors supporting a hard fork. This Shift is scheduled for September, the entire community was sharing their take on this change. In a recent post on Ethereum's transition, The chainlink network said -

Table of Contents US Government banned Tornado Cash What is Tornado Cash? How Tornado Cash was used for illegal activities? What experts say? The department of U.S. Treasury banned using of a well-known crypto-mixing service Tornado Cash, alleging that it poses a national security risk because of its role in Korean hackers' laundering of stolen crypto funds. Tornado cash has been a key tool for the Lazarus Group, a North Korean hacking group tied to the $625 million March hack of Axie Infinity’s Ronin Network, according to the Treasury Department. It also said that criminals used Tornado Cash to launder $7.8 million stolen in Nomad Bridge hack last week. A senior department official said that Tornado Cash has been the go-to mixer for cybercriminals looking to launder the proceeds of crime, as well as helping to enable hackers, including those currently under U.S. sanctions, to launder the proceeds of their cybercrimes by covering up the origin and transfer of this illicit virtual currency, Since its creation back in 2019.