“Votes aren’t just counted as transactions, they are literally implemented as transactions because there is no cheaper way to do it,” Yakovenko said. “If there was a cheaper way to get votes to all the nodes in the network, then why wouldn’t user transactions also take the cheaper path?” Source
Day: February 28, 2023
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Btcpay Introduces New Coinjoin Plugin for Enhanced Bitcoin Privacy for Merchants – Privacy Bitcoin News
On Monday, Wasabi Wallet and the open-source bitcoin payment processor Btcpay announced a new plugin for the Btcpay server. The plugin implements Wasabi’s Wabisabi coinjoin coordination protocol, allowing merchants to benefit from privacy enhancement. By activating the newly launched plugin, all the funds that merchants receive and send will be coinjoined, or mixed together with other bitcoin transactions. New Btcpay Server Plugin Aims to Bolster Bitcoin Privacy According to an announcement from the privacy-centric bitcoin wallet platform Wasabi Wallet and the bitcoin payment processor Btcpay, merchants now have the ability…
Ethereum testnet successfully forks in Shanghai upgrade rehearsal
The Ethereum blockchain’s Sepolia testnet has undergone a successful upgrade that simulates the upcoming Shanghai hard fork that is expected to take place in March on the network’s mainnet. The “Shapella” upgrade, which combines the names of the upcoming Shanghai and Capella hard forks, was successfully implemented on the testnet on Feb. 28. Sepolia testnet has successfully upgraded to Shapella! Some of the Prsym validators are offline due to the old geth version. They will come online in the next 10 mins! Next stop: Goerli pic.twitter.com/pb43Gq7w9C — terence.eth (@terencechain) February…
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Bitcoin core dev calls out ‘misleading’ auction selling his code as an NFT
One of the original core developers behind Bitcoin (BTC), Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT. The core developer said he hasn’t been the first Bitcoin developer to have his name or his work used in this way. In a Feb. 27 post on Twitter, the developer revealed a non-fungible token (NFT), featuring a picture of code he wrote, was sold at auction site for 0.41 Bitcoin (BTC),…
MyAlgo users urged to withdraw as cause of $9.2M hack remains unknown
A wallet provider for the Algorand (ALGO) network, MyAlgo, has warned its users to withdraw funds from any wallets created with a seed phrase amid an ongoing exploit that has seen an estimated $9.2 million worth of funds stolen. MyAlgo tweeted the advice on Feb. 27 adding it still doesn’t know the cause of the recent wallet hacks and encouraged “everyone to take precautionary measures to protect their assets.” IMPORTANT: ⚠️We strongly advise all users to withdraw any funds from Mnemonic wallets that were stored in MyAlgo. As we still…
Solana CEO hoses down claims network outages caused by on-chain voting
Anatoly Yakovenko, the founder and CEO of Solana Labs, has denied claims that Solana’s network outages were being caused by a high volume of validator messages and its on-chain voting system clogging its consensus layer. While the Solana Foundation confirmed in a Feb. 27 post that the “root cause” of the recent 20-hour network outage is still not clear, the CEO responded to speculation that Solana’s decision to include on-chain votes as transactions is a “massive design flaw” that has led to its many outages. The controversial thread claiming that…
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Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork
If the developers continue to run test upgrades three weeks apart, the next testnet upgrade on Goerli would likely occur around March 21, which could likely push the mainnet Shanghai Upgrade into April. If that were the case, there would be a slight delay versus the target of March that Ethereum developers had initially signaled for the release of staked ETH. Source