Ethereum Google search trends hit record lows following the major reduction in the past few months with less attention than ever before as we are reading further in the ETH news.
Ethereum (ETH) is still the second-largest cryptocurrency by market cap and is going through some interesting price fluctuations as of late. The Trustnodes report shows that the project has seen the lowest number of Google searches in years. It was more popular as far as 2016 when the price was only $20. The results from Google Trends show that the coin is reaching some stability with 4 out of 100 searches and there is a slight drop below this level back in October 2019 when Ethereum Google Search Trends dropped to 3/100. Compared with the other projects, there was a minimum of 8/100 searches throughout June 2016 while the number of searches in May 2016 was only 5.
These figures are only based in the US but the worldwide figures are not better either. The recent report shows that the interest in Ethereum stands at about 6 out of 100 which is lower than a few months ago when there were about 7 to 8 out of 100 searches this year in June. This leads to some interesting conclusions and the US is only interested in Ethereum for a few months in 2016 but the interest and its dramatic dropping have no apparent reasons so far. One of them could be the lack of awareness where the searches are now performed by those who research the project or the following updates about it.
Ethereum has been facing a number of issues due to the recent Istanbul hard fork and some of the reports claim that the changes in SSTORE caused millions of Dapps to fail. The failure rates were more than quadrupled which is not good news for the project. When it comes to Bitcoin, the coin seems to be having a linear progression and now Bitcoin has around 10 out of 100 searches. The interest in BTC is growing in some African countries as well especially in Nigeria while in China does not seem to care about BTC at all.
In conclusion, it seems that the interest in crypto is decreasing in the West mainly as the year draws to a close and a lot of Ethereum update postponements in 2019 drained the investors’ confidence in the project.
Antminer E3 Stops ETC Mining While ETH Has 1 Month Left
‘’E3 is related to eth algorithm, and DDR capacity is up to the upper limit, so E3 will not be able to continue mining (...) the meaning is E3 only can mine to January 2020, then will not mine again.’’2Miners calculated that Ethereum (ETH) mining will be terminated in about five weeks as it is a few epochs later than the older version. Among the first speakers within the crypto community that discussed the story was the author of Ethereum’s mining algorithm Kristy-Leigh Minehan who considered that this could lead to the launch of more capable miners. Bitmain is more focused on Bitcoin mining solutions and Mrs. Minehan suggested waiting for the release of the main competitors Canaan and Innoscilion. As per the previous reports, The hashrate is one of the metrics that can assess how healthy a network is. The higher the hashrate, the more secure a network will become and it also becomes much expensive to mine the cryptocurrency. Ethereum Classic saw its hashrate explode previously during a sign of growing strength so the ETC network is arguable now more secure than ever before.
Ethereum Core Developers Move Forward With ProgPOW Update
“I have not seen any evidence that there is an ideological or people willing to step up and actually have a network split. If I’m wrong I’ll resign as hardfork coordinator.’’Ethereum split once before with the ‘’DAO’’ which was the first attempt to a so called decentralized autonomous organization where more than 3.6 million ETH was exploited. Core developers decided to refund the affected users and the dissenters later formed Ethereum Classic in response. At least two projects were opposed to ProgPOW including SpanChain and the Gnosis projects. The executives of the projects were invited to voice their concerns about the next core developer meeting but this will likely won’t change the decision of the team: “There will be plenty of time for open dissent that won’t really change the decision, necessarily, because we’ve already gone back and forth and approved it twice.” ASIC resistance was a core consideration for Ethereum and the first version of the whitepaper explained how the distribution process of Ethereum will be performed through easily-accessible computer hardware which was more favorable for the community and the decentralization of the token. The leading mining hardware firm Bitmain developed an Ethereum ASIC in 2018 and in 2019 Canaan released an ASIC that was 5 times more efficient than comparable consumer hardware.
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Enjin Goes Live On The Ethereum Mainnet: Report
“Simple, great user experience is one of the core product design philosophies at Enjin, and we made damn sure that the Web Panel is minimal, straightforward, and clean.’’The process of creating a new blockchain project is not so complex and it can be done in four steps. The process doesn’t require any coding knowledge but while the Enjin platform web panel enables the codeless creation and management of the blockchain assets, the developers will have to employ Enjin platform API and SDKs when the time will come to integrate those assets with games and apps. The platform API is graphQL based while the Platform SDKs include Java, NODEJS, Godot and Unity. According to the company, the Enjin platform will be powered by Enjin Coin and will serve as the ultimate minting resource and used to back the value of the issued blockchain assets. While the Enjin platform is a relatively new platform, the company was present in the crypto space for more than 10 years. Enjin’s huge ecosystem is preferred among gamers and with partnerships with major companies such as Unity, Samsung, and PC Gamer, the platform has a strong presence in the gaming industry. When it comes to future plans, the company said to be working on a new way to distribute blockchain assets via QR codes.
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