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Dear ECHO community,

The market all around us has taken a deep dive and despite low volumes, $ECHO is still here. What made the token stay afloat?

Our investors trust the team and our drive to create an impact on your life and the communities we serve. Therefore, the goal of this article is to provide a comprehensive update on ECHO’s direction and how we will unlock the growth potential to achieve our vision.

A new way forward

The new short and medium-term goal for the ECHO platform is to aggregate legitimate and reliable impact-driven crypto projects much like ourselves…


UPDATES

  • Ethereum’s London hard fork has been executed at block number 12965000.

Up next in Ethereum’s ‘tour’ of major European capitals is quite an important destination: London. The ‘London’ hard fork, set to drop Thursday 5 August, at around 1.15 pm UK time, will bring about one of the biggest changes to the Ethereum Network to date: an update in its gas price auction mechanism, colloquially referred to as the ‘Burn Fee Upgrade’.

In one sentence, EIP-1559 changes how the gas price you set to pay for transactions (tx) is processed by miners, by splitting up the total gas cost…


The market cycle which began in late Q3 / early Q4 of 2020 has already brought about significant changes in the adoption of blockchain technology — with cryptocurrency at its core.

We’ve seen large financial institutions beginning to prod at the adoption of cryptocurrencies as part of the products offered to their clients, national governments beginning concrete experimentation around CDBCs (central bank digital currencies), and more recently regulators beginning to take a more prominent stance with regards to the integration of this new financial system with the existing one. …

Echo

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