OK so a minor update about what we are (and are not) doing here at Ethereum DEV. We are, first and foremost, developing a robust quasi-Turing-complete blockchain. This is known as Ethereum. Aside from having quasi-Turing-completeness, it delivers on a number of other important considerations, stemming from the fact we are developing entirely new blockchain
The stablecoin market is fragmenting, and onchain capital allocator Spark is betting it can capitalize on the split. Fintechs, exchanges and banking groups are increasingly launching their own dollar-linked tokens. Each issuer wants to keep users, reserves and transaction activity inside its own network as competition ramps up. The stablecoin landscape “is about to fragment
Ripple Director of Engineering Vijay Khanna urged XRP Ledger node operators on Aug. 2 to install xrpld version 3.2.1 after developers observed a validator manifest flood on July 31. Summary July 31 manifest flooding prompted xrpld 3.2.1 while XRP Ledger continued closing ledgers normally throughout. Four safeguards now cap manifest size, message batches, outbound sharing
Hi, I’m Jutta! As some of you might have read in earlier posts, I’ve recently been busy setting up a security audit prior to the Ethereum genesis block release. Ethereum will launch following a world-class review by experts in IT security, cryptography and blockchain technology. Prior to the launch, we will also complete a bug bounty
The popular Bitcoin hardware wallet Coldcard product, made by Coinkite, is at risk following a $70 million hack. Coinkite on Thursday admitted that its Coldcard Mk3 model was affected following the hack and advised users to move their funds. Then, on Friday, the company said that users of the later hardware devices Mk4, Mk5, and
Bitcoin Improvement Proposal 110 can no longer reach its 55% voluntary miner threshold during the current difficulty period, according to blockchain signaling data and an Aug. 1 analysis from Strategy Executive Chairman Michael Saylor. Summary 28 signaling blocks appeared among 1,108, leaving BIP-110 at 2.53% support as of Aug. 2. Saylor said all 24 initial
The crypto 2.0 industry has been making strong progress in the past year developing blockchain technology, including the formalization and in some cases realization of proof of stake designs like Slasher and DPOS, various forms of scalable blockchain algorithms, blockchains using “leader-free consensus” mechanisms derived from traditional Byzantine fault tolerance theory, as well as economic
The exploit of Litecoin last week shows why Bitcoin users are wary of adding complexity to a monetary base layer. A day earlier, Bitcoin developer Paul Sztorc announced an eCash fork of Bitcoin in what reflects the counter-argument: that Bitcoin’s resistance to new functionality at the consensus layer carries real risks for its long-term survival
Trump Media-linked wallets transferred 2,628 Bitcoin, valued at about $165 million, to Crypto.com on Aug. 2, according to on-chain analysts Lookonchain. Summary 2,628 BTC moved to Crypto.com, but no company filing has confirmed an outright sale yet. Trump Media reported 9,542.16 BTC in March, including 4,260.73 BTC pledged as secured convertible-note collateral. Lookonchain estimates realized
One of the criticisms that many people have made about the current direction of the cryptocurrency space is the increasing amount of fragmentation that we are seeing. What was earlier perhaps a more tightly bound community centered around developing the common infrastructure of Bitcoin is now increasingly a collection of “silos”, discrete projects all working
