Category: Blockchain

Exploring Proposer-Builder Separation and Its Impact on Blockchain Centralization

Rebeca Moen Oct 26, 2024 09:32 Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi’s research. Proposer-Builder Separation and Blockchain Dynamics In the evolving landscape of blockchain technology, the concept of Proposer-Builder Separation (PBS) has emerged as a potential solution to reduce centralization among validators. This framework, introduced by Ethereum, seeks to create a competitive market by decoupling the roles of block proposing and block building. By doing so,…

New Blockchain From Kraken Expected To Debut In Early 2025

US-based cryptocurrency exchange Kraken, the sixth largest trading volume, is gearing up to launch its blockchain, Ink, in early 2025. This new platform aims to facilitate decentralized applications (dApps), enabling users to trade, borrow, and lend tokens without intermediaries. Kraken’s Ink Blockchain Goals According to a recent report by Bloomberg, Ink will utilize technology similar to that of Coinbase’s Base, which has rapidly emerged as one of the largest DeFi platforms since its launch over a year ago.  Andrew Koller, the founder of Ink, stated that a testnet will be…

Solana’s Evolution: High-Speed Blockchain Faces New Challenges in 2024

Jessie A Ellis Oct 25, 2024 10:18 Solana, known for its speed and efficiency, has rebounded from initial setbacks to secure a niche in payments and consumer markets. The blockchain continues to evolve amidst growing competition. Solana, a high-performance blockchain recognized for its low latency and user-centric design, has made significant strides since its inception. Despite early challenges such as network outages and a strong association with the now-defunct FTX exchange, Solana has carved out a niche in payments, decentralized physical infrastructure…

Lazarus Group Unleashes Blockchain Game To Exploit Chrome And Steal Crypto

A cybersecurity firm yesterday reported that a group of notorious hackers from North Korea was able to steal $3 billion worth of cryptocurrency from users by devising a fake blockchain game. Kaspersky Lab said that the Lazarus Group took advantage of a key vulnerability in the Google Chrome browser that allowed them to drain the crypto wallets of their victims. Lazarus Group: $3 Billion Crypto Heist It was reported that the North Korean hackers used the fake game to steal more than $3 billion in cryptocurrency — an operation the…

Blockchain Week Dubai 2024 Ticket Prices Set at $600

Ted Hisokawa Oct 23, 2024 08:33 Early Bird Tickets for Binance Blockchain Week Dubai 2024 are sold out, with regular tickets now priced at $600, excluding VAT. The event will be held at Dubai’s Coca-Cola Arena. The highly anticipated Binance Blockchain Week Dubai 2024 has announced that the Early Bird Tickets are sold out, with standard tickets now available for $600, excluding a 5% VAT. This announcement was confirmed by Binance on October 23, 2024, as reported by Binance. Event Details The…

Blockchain Takes Center Stage At 2024 Global Data Ecosystem Conference In Shanghai

This year’s Global Data Ecosystem Conference, held in Pudong New Area, Shanghai, has ended positively. The two-day tech conference was extra special because it focused on popular blockchain technology, related applications, and other emerging innovations. Over 30 events were held during the conference, covering various topics, including blockchain technology, international data cooperation, data and its value to industries, and an initiative to connect data service providers. Shanghai was the perfect host for the global conference, which organizers expect can lead to exploring new data and blockchain technologies. Global Data Ecosystem…

Bitcoin Price Rally Due To Trump’s Increased Election Odds, Blockchain Firm Claims

This year has been filled with numerous narratives for the cryptocurrency market, especially for the Bitcoin price. Ranging from the spot Bitcoin exchange-traded funds (ETFs), the fourth halving event, to the United States presidential elections, the cryptocurrency industry and the Bitcoin market have been subject to various factors throughout 2024. With the US elections barely a month away, there has been a lot of commentary on the outcome of the polls and how it could impact the market dynamics of the world’s largest cryptocurrency. Blockchain analytics firm IntoTheBlock is amongst…

The New Blockchain Trilemma Is Here, and It’s Not About Technology

When it came to the technology trilemma, at least in the case of Ethereum, the network was long seen as having strong decentralization and robust security, but seriously constrained when it came to capacity. Today, while the trade-offs between these different priorities have never gone away, blockchains themselves have advanced so enormously that in all three areas, most users consider them to be “good enough.” Source link

Arbitrum Orbit Expands Blockchain Customization and Interoperability

Darius Baruo Oct 16, 2024 09:25 Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem. Arbitrum Orbit, a significant advancement in blockchain technology by Offchain Labs, is making waves with its focus on enabling developers to create customized chains tailored to their specific needs. This innovation aims to enhance blockchain accessibility, security, and decentralization, according to Offchain Labs. Unlocking Blockchain Potential Arbitrum Orbit stands out by offering a technology stack that simplifies…

AggLayer to Revolutionize Blockchain Interoperability and Use Cases

Lawrence Jengar Oct 13, 2024 10:59 AggLayer, a new protocol, aims to unify blockchain networks, enhancing interoperability, liquidity, and user experience across DeFi, gaming, RWAs, and AI sectors. The AggLayer, a groundbreaking protocol, is set to transform the blockchain landscape by enhancing interoperability across various networks, according to polygon.technology. Drawing parallels with the transformative impact of the internet, AggLayer aims to integrate diverse blockchain ecosystems into a unified framework. Unified Blockchain Ecosystem The AggLayer functions as a protocol for unified interoperability, similar…