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Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Vitalik Buterin Explores Ethereum Protocol Enhancement Strategies

Ethereum's co-founder, Vitalik Buterin, reflects on Ethereum's protocol enhancement strategies in a recent blog post, weighing the merits of a minimalistic approach versus enshrining more features into the core protocol to address various user needs and system efficiencies. The discussion encompasses account abstraction challenges, the shift towards enshrinement, and the exploration of specific enshrinement targets like ZK-EVMs, proposer-builder separation, private mempools, liquid staking, and precompiles.

Bitcoin Dominance Surges While Ethereum Faces Challenges in October 2024

Bitcoin Dominance Surges While Ethereum Faces Challenges in October 2024

Bitcoin's market dominance increased significantly in October 2024, while Ethereum faced volatility and strategic debates. The performance of Layer 1 platforms and memecoin trading dynamics also highlighted the month's crypto market activities.

Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Growth

Layer 1 Blockchain Tokens Surge in 2024: Mantra (OM) Leads with 7,035% Growth

Layer 1 blockchains have seen explosive growth in 2024, with Mantra (OM) leading the charge, boasting a 7,035% increase. Explore the top performers and market dynamics.

Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN

Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN

In Q1 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI.

BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees

BNB Chain and MetaMask Resolve Glitch Affecting opBNB Gas Fees

BNB Chain and MetaMask have successfully addressed a glitch that led to the display of inflated gas fees for opBNB transactions. The issue was rooted in MetaMask's default algorithm, which set a minimum recommended gas price based on averages across various Layer 1 and Layer 2 networks. This has been corrected, and users can now benefit from opBNB's lower gas fees for faster and more cost-effective transactions.

Upbit Announces Listing of Layer 1 Blockchain SEI

Upbit Announces Listing of Layer 1 Blockchain SEI

Upbit has announced the listing of SEI, a Layer 1 blockchain specialized in DeFi, on its KRW and BTC markets, with trading support to commence on August 15, 2023.

Rated Labs Secures $12.888 Million in Series A Funding

Rated Labs Secures $12.888 Million in Series A Funding

Rated Labs, known for its Ethereum explorer and API services, has secured $12.888 million in Series A funding led by Archetype. The company plans to use the new capital to expand its services to multiple Layer 1 blockchain networks and enhance its existing product line.

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

Ethereum Layer 2s Surpass Prominent Layer 1s in Total Value Locked

The surge of Layer 2 solutions like Arbitrum, Optimism, and BASE, overtaking Layer 1 blockchains Solana and Avalanche in terms of Total Value Locked (TVL) as of September 25, 2023, highlights the pivotal role of Layer 2s in augmenting the scalability and transactional efficiency of the Ethereum network. The data underscores a growing preference for Layer 2 solutions, demonstrating their potential in enhancing the blockchain technology landscape.

Sui Foundation Reallocates 117M SUI to Bolster Network Growth

Sui Foundation Reallocates 117M SUI to Bolster Network Growth

Sui Foundation announces the reallocation of 117 million SUI tokens from external market makers to support the growth of its Layer 1 blockchain network, Sui. The move aims to bolster the network's DeFi ecosystem, which recently recorded its highest-ever total value locked (TVL) at approximately $37 million. The reallocation will not impact the circulating supply of SUI tokens.

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum Founder Vitalik Buterin Says Layer 2 Scaling Solution Has ‘Basically’ Succeeded

Ethereum has been seeing an upward trend, and demand may increase further in anticipation of the upcoming ETH 2.0 update expected in Q3 2020. Ethereum is scheduled to undergo a major change of its consensus mechanism, transitioning from proof-of-work (PoW) to proof-of-stake (PoS). Ethereum has been expecting its scaling to occur for some time, and according to Ethereum’s creator, Vitalik Buterin, it could already be happening. Vitalik Buterin recently tweeted that the Ethereum blockchain network’s “layer 2 strategy has basically succeeded.”

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data

Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

Hedera Hashgraph Chief Scientist Dr. Leemon Baird—Defeating the Byzantine Generals and Bringing a Layer of Trust to the Internet

In our exclusive interview with Hedera’s Chief Scientist and Co-Founder Dr. Leemon Baird, Blockchain.News gets the details on how Hedera Hashgraph achieves Asynchronous Byzantine Fault Tolerance, the growing Hedera Governing Council and the use of the Hedera Hashgraph DLT to prevent coupon fraud.

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Ethereum Could be Bigger Than Bitcoin by Market Cap in 10 Years, says Raoul Pal

Although Pal still believes that Bitcoin is the perfect collateral layer, he believes Ethereum may overtake Bitcoin by market cap in 10 years.

Ripple Releases 1 Billion XRP from Escrow

Ripple Releases 1 Billion XRP from Escrow

Ripple has once again released 1 billion XRP from its escrow account.

4 Reasons Why Sushi Token Price Dropped Below $1

4 Reasons Why Sushi Token Price Dropped Below $1

SushiSwap token dropped below $1, here is why.

Bitcoin Addresses with more than $1 Million Go Parabolic

Bitcoin Addresses with more than $1 Million Go Parabolic

Onchain data provider Glassnode has revealed that BTC addresses holding more than $1 million increased by 150% to 66,540.

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

Ledger Will Provide its First Crypto Lending Partner YouHodler with Crypto Insurance

FinTech platform and crypto-backed loan service provider YouHodler has selected digital asset wallet provider Ledger Vault to be implemented across its platform, to offer its users an added layer of security and protection.

Bitcoin Inches Closer to a Market Value of $1 Trillion

Bitcoin Inches Closer to a Market Value of $1 Trillion

Bitcoin is making notable strides because its current bull run has resulted in its market value being a stone’s throw away from the $1 trillion mark.

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy Scoops Up another $1 Billion Worth of Bitcoin

MicroStrategy has announced that it has just invested another $1 billion in Bitcoin, purchasing the digital asset as it was trading around $52,765.

Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?

Will SushiSwap's Sushi Token Suffer a Second Price Drop Below $1?

The SUSHI token may suffer a second drop, which could plummet below $1. Here's why.

$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History

$1 Billion in Bitcoin Moved, Making It the Largest Dollar Value Crypto Transaction in History

On-chain crypto data analytics recently picked up a Bitcoin transaction worth more than $1 billion.

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