MEXC Exchange Info

Ethereum, the second-largest cryptocurrency by market capitalization, has been making waves in the world of digital assets for quite some time now. Ethereum is a decentralized blockchain platform that enables developers to build decentralized applications (dApps) using smart contracts. Its native token, Ether (ETH), is used as a means of exchange on the platform and also serves as a store of value. What is Ethereum Shanghai Upgrade? Ethereum has completed its highly anticipated Shanghai Upgrade. The upgrade, also known as Ethereum 2.0, is a significant milestone for the Ethereum blockchain and has been in development for several years. The Shanghai Upgrade introduces several significant changes to the Ethereum network, including the introduction of a new consensus mechanism known as proof-of-stake. This mechanism replaces the previous proof-of-work system and is designed to be more energy-efficient and scalable. It will also improve the speed and efficiency of transactions on the Ether...

The Ethereum Merge has finally happened at block 15537391. After the hard fork, forked token ( ETHW ) has upgraded to the theoretical airdrop of a new “ETHPOW”token, and MEXC has opened trading for it, and enabled the asset exchange function on MEXC Web and App. Here's a step-by-step guidance on how we can trade ETHW on MEXC. Deposit to Earn: 5,000 MX Tokens MEXC will also introduce our new incentives to ensure all users enjoy this unique experience by offering 5000MX to support ETHW deposit. Further details regarding the event will be posted on the announcement soon. How to trade ETHW on MEXC? Looking for a way to buy ETHW/ETHS? You can buy them on MEXC following the steps: Web ( mexc.com ) : Step 1: Log in to your MEXC Account and go to the navigation bar clicking on click [Trade] > [Spot] Step 2: Using the search bar to search the specific coin you want to trade, then check the available trading pairs. Take  ETHW/USDT  as an example. Step 3: Scroll down and go to the [Sp...

  ETH 1.0 and ETH 2.0 1. Proof of Work (PoW) to Proof of Stake (PoS) (PoS) Proof of Work is the Ethereum consensus mechanism, while Proof of Stake will be used in Ethereum 2.0. In Ethereum, Proof of Work (PoW) aims to reward miners for creating and validating blocks on the blockchain. However, such a mechanism limits its scalability because the blockchain requires more constant computing power as it grows. Proof of Stake (PoS) was introduced to attract more validators; anyone with at least 32 ETH can be compensated for validating and confirming transactions. PoS has the advantage of being more energy efficient than PoW because it decouples energy-intensive computer tasks from the consensus algorithm. This also implies that maintaining the blockchain does not necessitate a large amount of computing power. 2.Ethereum 2.0 is more scalable Ethereum has long been regarded as the king of the public chain. Many popular projects, such as DeFi in the summer of 2020 and NFTs and DAOs in 2021...