Low Bitcoin and Ethereum fees may not necessarily be good news
Bitcoin and Ethereum users are experiencing exceptionally low fees, but why? Go to Source
Proof-of-Stake
Auto Added by WPeMatico
Wall Street must be accountable for Bitcoin mining emissions — Greenpeace
Greenpeace alleges that Wall Street titans such as BlackRock or Vanguard contribute to the environmental harm derived from Bitcoin mining. Go to Source
MetaMask enables pooled staking for Ethereum holders
MetaMask said that 99% of ETH holders do not have the required 32 ETH to participate in Ethereum staking. Go to Source
Zilliqa 2.0 upgrade enhances speed and cross-chain compatibility
Block times can also be adjusted as desired. The root mainnet shard features an average block time of just two seconds. Go to Source
Tezos Activates 16th Upgrade ‘Paris’: Boosting Throughput and Performance
Tezos, a blockchain known for its onchain governance system, has activated its 16th protocol upgrade, Paris, on mainnet on June 4th, 2024. This upgrade introduces the Data Availability Layer (DAL), which boosts Layer 2 throughput and unlocks new use cases in gaming, ticketing, and services requiring high-speed transactions. The upgrade also reduces block times to … Read more
El Salvador mines 474 Bitcoin using geothermal volcanic energy
El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years. Go to Source
Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days
Similar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has … Read more
Consensys to SEC: Recognize the Advanced Safeguards Inherent in Ethereum’s Design
Consensys has told the U.S. Securities and Exchange Commission that Ethereum’s proof of stake implementation “meets and even exceeds the security of Bitcoin’s Proof of Work (PoW).” The blockchain software company said the commission should recognize the advanced safeguards inherent in Ethereum’s design which exceed the “security and resilience safeguards underlying bitcoin-based exchange-traded products.” The … Read more
Proof of Stake Alliance updates recommendations for staking providers
The POSA updated its staking principles to say that providers should communicate clearly and not control the amount of liquidity a user must provide. Go to Source
Rise of Ethereum staking came at cost of higher centralization: JPMorgan
Ethereum co-founder Vitalik Buterin previously admitted that centralization is one of Ethereum’s main challenges, which could take 20 years to solve. Go to Source
