The variety of Ethereum nodes has elevated by greater than 50% previously two weeks or so, spiking from 8,086 on Nov. 15 — 11 days after the Eth2 deposit contract went stay. Ethereum’s node rely overtook Bitcoin’s on Nov. 30.
In accordance with Blockchain Heart’s “Flippening” index — which seeks to trace the power of Ethereum’s community relative to Bitcoin — the surge in node counts has seen the index achieve from 50.5% to 62.4% over the course of November.
Etherscan estimates that Ethereum processed almost 1.2 million transactions previously 24 hours, in comparison with Bitcoin’s 300,000. Ethereum additionally processed $3.6 million worth of transaction charges within the final 24 hours, whereas Bitcoin charges had been worth near $1.Four million.
Eth2’s beacon chain genesis kicks off in just some hours from now. The launch of the deposit contract allowed ETH holders to designate their Ethereum for staking, with the 524,288 Ether required to provoke the launch of the beacon chain being surpassed simply hours earlier than its deadline on Nov. 24.
In accordance with Beaconcha.in, 878,808 Ether have now been despatched to the deposit contract. The beacon chain’s genesis will lay the groundwork for sharding and proof-of-stake.