OPENSOURCE
Uniswap V4 Open-Source Directory Sparks Controversy Over New KYC Hook
A newly revealed open-source directory for Uniswap v4 hooks has stirred a debate within the crypto community over a KYC verification hook. This hook enables KYC checks on users before trading in token pools, resonating with the standard financial practice to mitigate money laundering and other illicit financings. The KYC hook, an opt-in feature introduced by a community developer, necessitates an NFT for verification completion, marking a notable intersection of regulatory compliance and decentralized finance as global governmental scrutiny over DeFi intensifies.
Jack Dorsey's Block Appoints MIT's Neha Narula to Board of Directors
Block, Inc., led by Jack Dorsey, has appointed Neha Narula, Director of the Digital Currency Initiative at MIT Media Lab, to its Board of Directors. Narula's expertise in Bitcoin and open source technology aligns with Block's mission of economic empowerment.
Block's 5nm Bitcoin Mining Chip Prototype
Block has completed the prototype design for its 5nm Bitcoin mining chip, with plans to decentralize the supply of mining rigs through open-source technology. The company has purchased a large batch of ASIC chips from Intel to fast-track development of its proprietary 3nm chip.
Starkware to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
StarkWare to Open Source Proprietary Prover
Starkware's chief of product, Avihu Levy, thinks it will boost project confidence in Starknet Prover.
Shapeshift Migrate Users to Open-Source Mobile App Boosting Decentralization
Shapeshift has now created a new open-source app to which users will have to migrate, to take additional steps into complete decentralization.
Kraken Contributes $250,000 to Enhance Ethereum 2.0 Upgrade
Kraken, a leading US-based crypto exchange, revealed its $250,000 donation aimed at helping open-source developer teams tasked with the Ethereum (ETH) 2.0 upgrade.
Hyperledger's Brian Behlendorf on Blockchain Interoperability, China's BSN, ID2020 and CBDC
Brian Behlendorf, Executive Director of Hyperledger discusses open-source software development and blockchain technology, China's BSN, ID2020, and CBDC.
Microsoft and Finastra Open Cloud Solution to Exponentially Accelerate Innovation for 8,500 Banks and Institutions
Finastra and Microsoft Corp have announced a strategic, multiyear cloud agreement to help accelerate the digital transformation of financial services and help realise and open source future for finance.
IOTA Network Increases its Speed by 20x Following its Relaunch a Few Months Prior
The IOTA Foundation, a non-profit organization focused on blockchain and open-source development has announced the latest version of its node software, Hornet together with the IOTA community. The IOTA community has conducted a stress test that illustrated a stable network of over 150 nodes with over 650 confirmed transactions per second (TPS). This shows an increase in transaction throughput by a factor of 20, while Hornet is able to consume 10 times less memory under normal operations compared to its previous node software.
Ethereum—The Whole Forking History
Ethereum is the second most recognizable name in the cryptocurrency and blockchain space, next to Bitcoin. Ethereum was created to overcome the limitations of Bitcoin, which is essentially just a system for decentralized money, and push the boundaries of blockchain technology and decentralization. Like Bitcoin, it is supported by a peer-to-peer node network, meaning that it is essentially a decentralized server run by a vast number of computers with no central administrator or intermediary.
