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Ethereum enthusiasts gather for a Merge party in San Francisco in 2022. Ethereum 2.0 (Eth2) was a set of three or more upgrades, also known as "phases", meant to transition the network's consensus mechanism to proof-of-stake, and to scale the network's transaction throughput with execution sharding and an improved EVM architecture.
Mud: Slang term for drilling fluid. A "mud man" is the drilling fluids technician responsible for formulating the mud, while a "mud logger" checks mud cuttings from the drill bit for traces of rock or oil and gas that provide a picture of conditions downhole. Negative Pressure test: A test performed to determine the integrity of wells.
The oil and gas industry uses many acronyms and abbreviations. This list is meant for indicative purposes only and should not be relied upon for anything but general information. This list is meant for indicative purposes only and should not be relied upon for anything but general information.
Ethereum 2.0 was simply an upgrade that gave the community of ethereum holders the option to earn yield from the proof-of-stake model. Participants can receive a percentage reward in exchange for ...
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On Wednesday morning, the Ethereum blockchain completed an upgrade called Dencun, the biggest change to the network’s code in over a year. Ethereum’s fix for its gas fee problem is now live ...
The term "physical bitcoin" is used in the finance industry when investment funds that hold crypto purchased from crypto exchanges put their crypto holdings in a specialised bank called a "custodian". [58] These physical representations of cryptocurrency do not hold any value by themselves; these are only utilized for collectable purposes.
"Petrocurrency" or (more commonly) "petrodollars" are popular shorthand for revenues from petroleum exports, mainly from the OPEC members plus Russia and Norway.Especially during periods of historically expensive oil, the associated financial flows can reach a scale of hundreds of billions of US dollar-equivalents per year – including a wide range of transactions in a variety of currencies ...