Author: coinadrenaline
Vitalik Buterin has argued that increasing Ethereum’s L1 gas capacity is necessary to support transaction inclusion and application development when most activity occurs on L2. In a new blog post, Buterin outlined calculations suggesting that a roughly 10× expansion in L1 capacity would preserve key network functions even as applications migrate to Layer 2 solutions.The gas limit defines the maximum amount of computational work that can be performed in a single block, setting an upper bound on the transactions and operations processed. Increasing the gas limit expands the protocol’s capacity to process more computational work per block, allowing it to…
Best Cryptos to Buy This Month: Don’t Miss Out on Qubetics ($TICS) After XRP’s Surge No Result View All Result
Japan has approved new stablecoin regulations to increase collateral flexibility and improve user protection during bankruptcy proceedings. Japan Aims to Protect Users The Japanese Financial Services Agency (FSA) has approved measures to make stablecoin collateral management more flexible. The approval also aims to make it easier to protect Japanese users from the transfer of their […]
Monday 8 July 2024 A new case study showcases the successful implementation of cross-chain Delivery versus Payment (DvP) settlement using EEA DLT Interoperability Specification The Enterprise Ethereum Alliance (EEA) today released a new case study today demonstrating a successful implementation of its Distributed Ledger Technology (DLT) Interoperability Specification. The Distributed Ledger Technologies Interoperability Case Study highlights a Delivery versus Payment (DvP) settlement process involving multiple DLT networks. Key highlights of the case study include: Successful interoperability between a private permissioned Corda network for securities management and a private permissioned Ethereum network for payments Implementation of atomic settlement as per the…
Top crypto exchange platforms Coinbase and Binance are adding support for a new artificial intelligence (AI)-focused altcoin. In a new announcement, Coinbase says it is adding support for InfoAI altcoin Kaito (KAITO) on the Base network, the firm’s own blockchain, with an Experimental label. Binance, the world’s largest crypto exchange by volume, also added support for the digital asset as well. The “Experimental” tag was created by Coinbase to designate certain digital assets as riskier, lower-liquidity tokens. News of being added on the exchanges had a reverse impact on the price of KAITO, as the crypto asset is trading for…
Este artículo también está disponible en español. Crypto analyst MadWhale has suggested that the Solana price could witness more downward pressure in the coming days. Specifically, the analyst predicted that SOL was at risk of a decline to $125 as it retests a key support level. Solana At Risk Of A Drop To $125 With Support Retest In a TradingView post, MadWhale predicted that the Solana price was at risk of dropping to as low as $125 with the retest of the $164 price level, which is a key support level on the horizon. The analyst noted that this is…
Devcon has always been a living reflection of Ethereum’s growth, challenges, and community ambitions. It showcases the most pressing topics, the newest innovations, and the people building the future of decentralized technology. As Ethereum grows, so too does Devcon. Two years ago, right before Devcon VI in Bogotá, the Merge took Ethereum’s consensus from proof of work to proof of stake. Devcon VI focused not only on the achievement of this milestone, but also on the next innovations: early Layer-2 development, the introduction of Account Abstraction (AA), and the rise of zero knowledge proofs (ZKPs) as an expansion of Ethereum.…
A survey revealed that politically-themed memecoins like TRUMP, LIBRA, and CAR attracted many first-time crypto investors, but also led to significant losses and disillusionment. Memecoin Losses Prompt 21% of New Crypto Investors to Quit A survey study of 1,066 crypto investors conducted by Chainplay in collaboration with Storible found that nearly 80% bought president-endorsed memecoins […]
IntroductionIn an economic landscape increasingly characterized by monopolization and the dominance of institutionalized credit, innovative technologies and protocols are emerging that have the potential to change the foundations of our economy and society. At the forefront of this are Bitcoin and Nostr—two groundbreaking protocols that together can usher in a new era of innovation, free from the financial constraints of the fiat system. This article examines the history and mechanisms that enable Bitcoin and Nostr to act as catalysts for innovation and human progress.Innovation under Hard Metal CurrenciesIn the days of hard metal currencies, especially during the gold standard, innovation…
Ethereum continues to lead in all-time gas fees, particularly in DeFi, despite a decline in on-chain activity and the lowest transaction costs in over four years. According to data analytics platform Growthepie, Ethereum’s Layer 1 blockchain still dominates in all-time gas fees generated across all sectors (finance, gaming, NFTs, etc.), except for social. In DeFi alone, Ethereum (ETH) has accumulated over $1.68 billion in total gas fees. It leads other blockchains in DeFi gas fees on all timeframes (all-time, monthly, 3-month, and weekly). This shows that Ethereum is still the dominant platform in terms of DeFi usage, even though Layer…