Cryptocurrencies
Ethereum Upgrade Adds to Crypto Mania Sparked by Bitcoin’s Surge
- Network change could curb supply of digital coin Ether
- Bitcoin continues to rally toward record set in 2017
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An upcoming upgrade for Ethereum, the most-actively used blockchain in the world, is adding to the mania around cryptocurrencies sparked by the jump in Bitcoin.
Ethereum has reached a milestone toward a network change that would allow it to process a similar number of transactions as Mastercard Inc. and Visa Inc. The shift to the new system -- Ethereum 2.0 -- could curb the total supply of digital currency Ether, which is already up more than 350% so far in 2020.