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OP Labs, a software development company focusing on the Optimism ecosystem, has proposed an upgrade for the Optimism rollup called Granite, which comes to fix a series of vulnerabilities in the chain’s fault-proof system. While some high-severity vulnerabilities were encountered during external audits, OP Labs stated that none had been exploited. Optimism Proposes Network Upgrade … Read more
On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finalizing blocks. However, Superphiz, an Ethereum developer, emphasized that despite this setback, “No transactions were halted” and the incident had “zero impact on … Read more
Ethereum core developers plan to activate the “Shapella” transition through the Zhejiang public testnet on Feb. 7, 2023, according to Tim Beiko of the Ethereum Foundation. If successful, Beiko said the Sepolia testnet could follow two days later, followed by the Goerli testnet. He noted that the testnet has a faucet, block explorer, and staking … Read more
Ethereum developers have begun finalizing the Shanghai upgrade “shadow fork,” according to software engineer Marius van der Wijden. The “shadow fork” will serve as a testing environment for the Shanghai upgrade, allowing developers to identify bugs and any potential issues. Ethereum’s Shanghai Upgrade ‘Shadow Fork’ Launches As the cryptocurrency community awaits the upcoming Shanghai hard … Read more
The average bug bounty payout over 1,248 confirmed reports was $52,800. Go to Source Powered by WPeMatico
Meta’s VP of Metaverse, Vishal Shah, acknowledged that Horizon Worlds, the flagship app that Meta uses to show the potential of its metaverse, still has many problems affecting its usability. In a recent memo, Shah explains that even Meta’s employees are not using the app so much, and hints at the establishment of time quotas … Read more
Since January 3, 2009, the Bitcoin network has been functional for 99.98662952015% of the time. However, the protocol has had a few hiccups along the way and on a few occasions, the chain split into two. Most people are well aware of the Bitcoin Cash split that took place on August 1, 2017, but the … Read more
The abnormal transaction fees from last week may not be blackmail after all, according to Alex Manuskin, a blockchain researcher at wallet company ZenGo. Go to Source Powered by WPeMatico
Scaling Bitcoin to a more mainstream level will most likely happen through layer-two solutions. The Lightning Network is of great interest in this regard, despite its crucial flaws and shortcomings. A recent list of known vulnerabilities confirms there is plenty of work ahead prior to making this technology more widely accessible. The Long Bug List … Read more
Using bounties to seek solutions to various problems has proved to be a working approach for many projects in the crypto industry. Bounty.Cash is a platform that matches businesses and entrepreneurs with developers who are ready to solve issues with apps and features and get rewarded with bitcoin cash. Also read: Buy From Home Depot … Read more
